The Kettlery
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The Kettlery - overview
Established
2015
Location
Ahmedabad, Gujarat, India
Primary Industry
Consumer Products
About
The Kettlery specializes in premium teas and tisanes, focusing on quality and flavor. They provide a selection of loose-leaf teas, herbal gift sets, and elegant tea sets, enhancing the tea-drinking experience for consumers. Founded in 2015 in Ahmedabad, India, The Kettlery is dedicated to sourcing and offering premium teas. The company has received INR 6 million in venture funding from individual investors as of June 15, 2018.
The founders, Praneta Mehta and Sandeep Kotecha, focus on delivering high-quality tea experiences to consumers. The company operates primarily online, reaching customers in various regions with a significant market in the United States. The Kettlery offers a diverse selection of premium teas and tisanes sourced from various regions worldwide. Their core offerings include loose-leaf teas, herbal gift sets, and specialized tea sets like the Earl Grey Tea Set and Milano Glass Tea Cup with Infuser.
The products cater to individual consumers who seek high-quality tea options for personal enjoyment and gifts, emphasizing quality ingredients and elegant packaging. In the most recent year of 2023, The Kettlery reported revenue of INR 23,042. 1 mn and an EBITDA of INR -3,919. 9 mn.
Their revenue primarily derives from direct-to-consumer sales through their online platform, with a pricing strategy reflecting the premium nature of their offerings, encouraging repeat business from customers who appreciate high-quality tea. The Kettlery plans to expand its product line with new offerings designed for health-conscious consumers, targeting a launch date by mid-2024. The company aims to extend its market reach into Europe and Asia by late 2025. The recent funding of INR 6 million will help support these initiatives and facilitate further product development and marketing efforts.
Primary Industry
Consumer Products
Sub Industries
Non-Alcoholic Beverages
Website
www.thekettlery.com
Verticals
E-commerce
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
The Kettlery - timeline of key events

The Kettlery - financials
| Fiscal Year Ended | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 209,221 | 4,046,766 | 9,247,767 | 10,410,522 | 11,101,388 | 10,002,386 | 2,139,232 | - | - | - |
| % Revenue Growth (YoY) | - | 1834.2% | 128.5% | 12.6% | 6.6% | (9.9%) | (78.6%) | - | - | - |
| EBITDA (USD) | 39,387 | (3,919,343) | 1,672,660 | 1,444,335 | 995,445 | 930,249 | (1,642,186) | - | - | - |
| Operating Income (USD) | 39,387 | (5,177,332) | 725,803 | 635,416 | 316,261 | 138,698 | (2,642,670) | - | - | - |
| Operating Margin | 18.8% | (127.9%) | 7.8% | 6.1% | 2.8% | 1.4% | (123.5%) | - | - | - |
| % EBITDA Margin | 18.8% | (96.9%) | 18.1% | 13.9% | 9.0% | 9.3% | (76.8%) | - | - | - |
| NET Income (USD) | 6,794 | (5,580,572) | 156,755 | 154,525 | 195,868 | 82,245 | (3,067,458) | - | - | - |
| % Net Margin | 3.2% | (137.9%) | 1.7% | 1.5% | 1.8% | 0.8% | (143.4%) | - | - | - |
The Kettlery - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | The Kettlery | - | ||||||||
| Seed | Completed | The Kettlery | - |
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The Kettlery - employee data


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