Bhakti Chai receives CIF’s first investment

NewHope 360

(March 3, 2015)

The Colorado Impact Fund (CIF), a private equity fund dedicated to supporting local companies that generate consistent investment returns in addition to positive community impact in Colorado, has selected Bhakti Chai, a Boulder-based manufacturer of fresh, craft-brewed chai tea to be the recipient of its first investment of $3 million in growth capital. Bhakti was founded in 2007 by Brook Eddy, a female entrepreneur who, after traveling to India, developed her own chai recipe—which she began bottling and selling throughout Boulder.