Startup Name |
M&G Enterprise |
Founding Year |
2016 |
Founders | Rahul Dutta, Debahuti Dutta |
Business Category |
Food & Beverage |
Startup Stage |
Market Entry |
Support Required from The Nest |
Market connect, Funding, Mentoring |
Investment Required |
20, 00, 00, 000 |
Type of Entity |
Pvt. Ltd. (under processing) |
Website |
N/A |
Startup’s Objective |
M&G enterprise passionately strives to bring Natural and Organic healthy beverages to the masses at affordable prices and in a unique, easy to use, innovative packing suitable for today’s fast moving life. |
Market Need |
There’s an untold need to inject excitement into the mundane tea drinking habit in terms of flavours and packaging to increase domestic consumption of tea in the country. |
Product/Service description |
Gamoosa in a cup is a unique concept of packing the fresh organic green tea, black tea and herbal coffee in a cup with an infusion layer. All one has to do is pour hot water to the required level and leave it for couple of minutes for infusion. That’s all, the tea is ready to be served. The infusion layer acts as a filter and seals the tea granules at the bottom of the cup. |
Customers/Users | B2B B2C Millenials |
Revenue Model |
The startup keeps 50% margin on each transaction on products. Margin is set based on competition across the country in terms of demand and supply. |
Current Traction |
Since hitting the market, M&G Enterprise has sold 6-7 lakh cups of smart tea. |