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Red Sea Shipping Attacks Pause Following Gaza Cease-Fire | Carlsberg Acquires UK Beverage Bottler Britvic for $4.28 Billion | Researchers Find Lower Mortality in Patients with Chronic Kidney Disease Who Consume Oxidized Tea
India Tea News
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GUEST – Peter Yang, Co-Founder, President and CEO of OverSubscribe+
PLUS | Tea Firms and Fans Share Financial Success
Tea stakeholders globally find it difficult to access capital via traditional financial networks. Institutional investors cite daunting obstacles, including persistently low prices, a fragmented supply chain, and low profit margins in commodity markets. The tea industry’s vulnerability to climate change heightens risk.
Since 2021, several tea companies have successfully turned to equity crowdfunding as an alternative to traditional loans and elusive venture capital.
Nepal Tea Collective founder Nishchal Banskota raised more than $600,000 from small investors to expand operations, including new retail stores in Kathmandu. Young Mountain Tea founder Raj Vable’s ongoing WeFunder campaign has raised $225,450 to construct and operate a community-owned tea-processing factory in Kumaon, India. Others include Revival Tea and CUSA Tea and Coffee, which raised $1.2 million in 2022.
Peter Yang, President and CEO of OverSubscribe+, joins us today to discuss equity crowdfunding. OverSubscribe+ is a non-crypto, fully regulated way for customers and fans to fund company growth and earn back a share of their profits.
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No transcript available for this episode.