Manufacturing  August 28, 2018

Bhakti Inc. raises more than $2 million in equity offering

BOULDER — Bhakti Inc., the company behind the popular Bhakti Chai drinks, has raised $2.1 million in capital.

The Boulder-based company raised the funds in an equity offering, according to a Form D filed with the U.S. Securities and Exchange Commission on Aug. 15. The date of first sale was Aug. 3.

CEO Sarah Bird told BizWest that the capital will be used to help promote and distribute its new products: a line of 12-ounce chai drinks made with cashew milk and its chai in concentrate form. The company also makes its classic 16-ounce drinks and chai tea for brewing.

SPONSORED CONTENT

Ways to thank a caregiver

If you have a caregiver or know someone who has been serving as a primary caregiver, March 3rd is the day to reach out and show them how much they are valued!

 

BOULDER — Bhakti Inc., the company behind the popular Bhakti Chai drinks, has raised $2.1 million in capital.

The Boulder-based company raised the funds in an equity offering, according to a Form D filed with the U.S. Securities and Exchange Commission on Aug. 15. The date of first sale was Aug. 3.

CEO Sarah Bird told BizWest that the capital will be used to help promote and distribute its new products: a line of 12-ounce chai drinks made with cashew milk and its chai in concentrate form. The company also makes its classic 16-ounce drinks and chai…

Sign up for BizWest Daily Alerts