Jade Forest

Jade Forest began with two friends with a quest to transform the beverage landscape in the country. Their endeavor was to make great tasting & better-for-you beverages for today’s conscious consumer. What followed was endless tastings, sleepless nights & countless days of conceptualisation which ultimately lead to the birth of Jade Forest

Deal Highlights

Nature of Instrument

Compulsorily Convertible Debentures (CCD)

Commitments

INR 85,00,000 from existing investors

Existing Investors

Mumbai Angels Network, Capri Global Capital Limited, Gaurav Kapur, Bala Sarda

Minimum Investment

INR 2,00,000

Important Documents

  • Term Sheet

    Please click on the link below to access the term sheet for the deal

    Click Here

  • Pitch Deck

    Please click on the link below to access the pitch deck

    Click Here

  • Deal Terms

    Please click here to access the valuation report

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About Founders

Shuchir Suri

A successful serial entrepreneur, a food & beverage aficionado and more, Shuchir founded Jade Forest to provide the conscious Indian consumer with better-for-you beverages.

Punweet Singh

With a thorough understanding of product & process development and manufacturing, Punweet launched Jade Forest with an aim to create a beverage that is fit for the Indian market and palate.

Nature of Instrument

CCD

Discount

Valuation Floor

Valuation Cap

INR 40,00,00,000

INR 13,00,00,000

Partner AIF

Fees*

2% convenience fee, 0% carry

Website

Draft Contribution Agreement

FAQs

*Explainer on Fees

Covenience fee: Charged by Tyke upfront at the time of investment and shared with the the partner AIF. This fee is recoverable along with the investment amount

Carry: Share of profits from the investment at the time of exit that is charged by Tyke and shared with the partner AIF. To illustrate, if the carry defined is 10% and the total profit at the time of exit from the investment is INR 1 Crore, then the carry applicable will be INR 10 Lakhs and the remaining profit of INR 90 Lakhs will be shared with the investors in the proportion of their investments

KYC & Angel Investor Declarations

In case you have any questions on AIFs or on this particular deal, please drop us an email at beta@tykeinvest.com