Brewing Success: Chai Point Steams Ahead with IPO Plans

Chai Point, founded in 2010, is gearing up for an IPO by 2026 as it scales swiftly across India, catering to tea enthusiasts with innovative tech-driven solutions. Despite challenges, including the COVID-19 pandemic, the chain remains EBITDA positive and plans to expand its store and bot presence significantly.

Chai Point, a renowned tea cafe chain known for selling nearly a million cups of tea daily, is setting its sights on an IPO by mid-2026, according to co-founder Tarun Khanna. The company began its journey in 2010, inspired by the idea to offer hygienic, high-quality tea at affordable prices to the masses.

Initially launched in Bengaluru, Chai Point has expanded to over 170 stores across several Indian cities and aims to reach 470 outlets within the next two years. It operates primarily on a company-owned store model, eschewing franchises, and continues innovating with smart brewing machines designed to maintain consistency and quality.

The COVID-19 pandemic posed significant challenges as sales plummeted, prompting the firm to rebuild its tech team and shift supply chains domestically. Now, Chai Point leverages advanced technologies like AI, IoT, and cloud computing to revolutionize India's tea and coffee experience, ensuring each cup meets its high standards.

(With inputs from agencies.)