Zaintea completes RMB20m angel round financing

Tea beverages firm Zaintea has completed a RMB 20 million angel financing round, from Hunan Lecha Catering Management Company.

Tea beverages firm Zaintea has completed a RMB 20 million angel financing round, from Hunan Lecha Catering Management Company.

Established in May 2019, Zaintea is an operator of a chain of innovative cheese fruit tea stores in China. The company sources quality ingredients from overseas and utilizes traditional tea making techniques, providing innovative cheese tea beverages for consumers.

Speaking of the advantages of Zaintea, the founder Li Shuxuan said, “First, we utilize the intelligent equipment such as the ultra-fast cooling cabinets, tea-making workbenches, and capping machines, which can greatly improve the production efficiency while ensuring taste. The second point is that our rent costs are very low. Although our stores are all located in core areas such as pedestrian streets, our rent costs are one-fourth that of competitors, mainly because we have adopted a model of revenue-sharing with landlords. “

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/06/zaintea-completes-rmb20m-angel-round-financing/.

Leave a Reply

Please Login to Comment