“We’re very excited because it’s a validation of our business from one of the most iconic businessmen of India,”said Teabox founder and chief executive officer Kaushal Dugar. Tata has a history of pioneering business strategy. He was chairman of Tata Group when it cut what was then the biggest takeover in Indian corporate history. In 2000, Tata Tea Ltd acquired the UK’s Tetley Tea, which was the inventor of the teabag and three times its size. Tata said at the time he hoped other Indian firms would follow, and some did. Teabox, which was founded in 2012, raised $6 million from investors that included Texas billionaire Robert M. Bass and Accel Partners in the latest round in 2015. Teabox works with 150 plantations in Darjeeling, Assam and Nepal. Teas go to the firm’s cold storage within 48 hours of production where they are vacuum packed and shipped to customers around the world in about a week, according to Dugar. Traditionally it takes three to six months for the teas to reach consumers. Bloomberg. .