TeaBox announced that Ratan Tata, chairman emeritus of Tata Sons, had made an undisclosed investment in TeaBox. Tata will join the company as an advisor.
The company, the founder claimed, has shipped over 30 million cups of tea over the last year. In March, the company closed a round of $5 million in Series-A funding, led by Accel Partners. This round of investment was a way of getting of Tata on board. He will pick up a small stake in the company.