Venture Capital
Tiger Global-backed tea cafe chain Chaayos has raised USD 12 million (approx Rs 85 crore) in funding from venture capital firm SAIF Partners, Integrated Capital and Pactolus. Previously, Chaayos had raised USD 7 million from Tiger Global. Chaayos is the only non-tech investment of Tiger Global. "This investment (series B round of funding) will fuel growth plans of Chaayos as it expands its retail footprint in the existing markets of Delhi-NCR, Mumbai and Chandigarh," the company said in a statement.

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