Chai Sutta Bar is a brand that witnesses an impressive annual turnover of roughly Rs 150 crore. Anubhav Dubey, one of the co-founders, himself holds a net worth estimated to be around Rs 10 crore.
Despite missing out on making out to IIT, IIM of the country, the person we are talking about here has proven his mettle by successfully establishing the popular café chain, Chai Sutta Bar. It’s hard for many Indians to kick-start their day without their beloved hot cup of chai, and the success tales surrounding chai are plentiful. Of these tales, Anubhav Dubey’s partnership with Anand Nayak, the founders of Chai Sutta Bar – a snack-and-tea oriented business – stands out. Here’s all we need to know about his journey.
Forget the widely held belief that you can only win the race of success through enrolling in IITs, IIMs, or cracking UPSC. Anubhav Dubey’s story demonstrates how he took the humble tea selling business and turned it into a multi-billion dollar empire.
Journey of Chai Sutta Bar
In 2016, Anubhav Dubey made a bold choice to drop his preparations for the UPSC exam and venture into the world of business. Together with Anand Nayak, they started a business concept even though their initial financial situation was pretty tight. However, they could only manage to raise Rs 3 lakhs through sheer determination, paving the way to actualize their tea business. Thereby, Anubhav Dubey’s first tea shop unveiled its doors right across the street from a girls’ hostel.
Net worth of Anubhav Dubey
Anubhav and Anand have triumphantly launched over 400 outlets of their brand, Chai Sutta Bar, covering 195 major cities in India – a splendid accomplishment. Not just confining their operations to India, the duo also made a successful foray into international markets setting up signature outlets in Dubai, the UK, Canada, and Oman. Chai Sutta Bar is a brand that witnesses an impressive annual turnover of roughly Rs 150 crore. Anubhav Dubey, one of the co-founders, himself holds a net worth estimated to be around Rs 10 crore.
The venture not only does well for the co-founders but also serves a social cause. It has become a source of livelihood for around 250 potter families who exclusively produce kulhads for these popular chai bars. The resourceful workforce that Anubhav has gathered, boasting over 150 employees, includes qualified professionals from engineering and MBA backgrounds. Truly a successful venture helmed by Anubhav and his knowledgeable team!