Who is Uday Srinivas Tangella? Tea Time, Net Worth

Founder of Tea Time, Mr. Uday Srinivas Tangella, founded the largest tea brands of India. How much his personal net worth, income, and net profit, check out to know more Uday Srinivas Tangella net worth.

Uday Srinivas net worth:

Uday Srinivas
Uday Srinivas

Uday Srinivas Tangella is a founder of Food and Beverages Service company Tea Time, India’s largest tea brands of India, which is having a chain of tea outlets across India, selling different kinds of TEA, COOLERS and SNAKES. 

Uday Srinivas started a company with rupees 5 lakhs

Uday also received Indian Hospitality Awards 2021 in category ‘Best Tea of India’, International Achiver’s Awards.

Uday Srinivas, a former IT professional, who took on the Tea Time franchise in January 2021, says he sells an average of 900-1,400 cups of tea daily. Supplementing tea sales are local snacks like ‘osmania’ biscuits (a sweet and salty biscuit), onion samosas and veg puffs which also find many takers at the outlet. Uday says he broke even on his initial investment of 4.25 lakh on the outlet in nine months, and is profitable now.

Uday Srinivas with Nirmala Sitharaman
Uday Srinivas with Nirmala Sitharaman

Hyderabad is dotted with 293 franchisees of Tea Time and all of Telangana has 871 outlets. The franchisees have spread to several other States and is close to 3,000 outlets across 14 States, says Uday Srinivas Tangella, Chairman and Managing Director of Desi Tea Time Pvt Ltd, whose idea it was to franchise the Tea Time brand, retaining control on the look of the store as well as the tea blend. Tea Time may well be the country’s largest tea chain brand.

Uday Srinivas Tangella Net Worth:

Uday Srinivas Tangella is a founder of Food and Beverages Service company Tea Time, India’s largest tea brands of India. According to our team research, Tea Time Pvt. Ltd has a turnover of 35 crore per month and overall turnover of all the outlets, it will be 25 crores Indian rupees and 300 crore annually. His personal net worth data is not available.

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