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Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
X
Billionaire Bass Backs India Startup Over Mutual Taste for Tea
The unusual partnership between a Texas billionaire and an Indian entrepreneur began with a mutual appreciation for tea. Robert M. Bass, the storied 67-year-old investor, disliked the
bitterness of coffee but had a hard time finding a good cup of tea. Kausshal Dugarr, a 32-year-old who grew up in the tea country of northeastern India, was trying to bring modern practices
like online sales to centuries-old plantations. When Bass first read about Dugar’s startup in mid-2014 and its claims to have access to prized teas from places like Darjeeling, he went online
right away to give it a try. Before long, Bass became an investor in his company Teabox and something of a mentor for Dugar. “The company is trying to bring tea distribution from literally the
19th century to the 21st,” Bass said in a telephone interview from Fort Worth, Texas. “I think that’s fascinating.” Bass put money into the company when it raised $6 million from investors that
also included Jafco Asia Co., Accel Partners and Dragoneer Investment Group LLC. For founder and chief executive officer Dugar, the support from Bass has given him a secret weapon in
his three-year journey to disrupt India’s $4.8 billion premium tea market.
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