Cafe chain startup Chai Break raises ₹5 crore

Kolkata-based cafe chain startup Chai Break has raised ₹5 crore from incubator Venture Catalysts in exchange for 10% stake, the startup has confirmed. Chai Break has been valued at ₹50 crore after the first round of external funding, according to reports. Launched in 2011 by Anirudh Poddar and Aditya Ladsaria, Chai Break has 11 outlets in Kolkata, Durgapur, and Bhubaneswar.

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