Third Wave Coffee posts 67% rise in FY24 revenue, but losses doubleThe WestBridge Capital-backed company spent Rs 12 crore on selling and marketing in FY24 as compared to Rs 2 crore a year ago. Rent costs a...
Specialty coffee brand First Coffee raises $1.2 million funding led by BeenextThe funds will be used to support the company’s expansion to more locations across the country, along with investments in hiring and market...
Specialty coffee startup Subko secures $10 million in funding led by Zerodha's Nikhil KamathFollowing the funding, Subko's valuation has increased to $34 million. The startup said the newly raised capital will be utilised to streng...
Blue Tokai revenue surges 70% in FY23; loss up 3.5 times as firm expands footprintSpecialty coffee brand Blue Tokai saw its total expenses balloon to Rs 166 crore in FY23 from Rs 90 crore in the previous fiscal primarily ...
Nikhil Kamath’s Gruhas, Collective Artists Network launch Rs 150 crore fund for consumer startupsThe new fund, Gruhas Collective Consumer Fund will look to invest around Rs 150 crore in areas such as fashion and lifestyle, health and we...
Third Wave Coffee lays off employees months after fundraiseThird Wave confirmed the layoffs to ET in a statement, saying that it was a “one-time restructuring exercise to consolidate our teams”.
Speciality coffee company Abcoffee raises $2 million in funding from Tanglin Venture Partners, othersAbcoffee currently has 10 outlets in Mumbai and Delhi, and plans to inaugurate two more in Mumbai by the end of this month. Anand emphasise...
Koo seeks fresh funding, strategics; Dunzo further delays paying salaries, will move out of Bengaluru HQHomegrown microblogging platform Koo is looking for fresh funding or a strategic partnership to further its “next phase of growth,” cofound...
Deepika Padukone dips toe in speciality coffee with investment in Blue TokaiKa Enterprises has joined Blue Tokai’s Series B round announced in January this year, in which it raised $30 million at a valuation of arou...
Specialty coffee startup Blue Tokai raises $30 million in funding led by A91 PartnersBlue Tokai’s latest capital raise comes on the back of other new age specialty coffee firms also drawing increased consumer and investor in...
Bhavik Koladiya sues Ashneer Grover; govt extends feedback deadline for draft gaming rulesKoladiya founded the fintech firm in 2017 with Shashvat Nakrani, his schoolteacher's son. In 2018, they began searching for a chief executi...
A lot still happening over coffee: How VG Siddhartha's Café Coffee Day transformed the simple brew into a lifestyleCoffee at a CCD outlet became an excuse for a business meeting, a date or just to hang out.
Bengaluru still not a 'plastic free' cityThe state had imposed a ban against using carry bags in 2016 but there are several loose ends impeding its successful implementation.
Redefining retirement: Senior citizens give back to the society, explore more job opportunitiesWith increased life expectancy, retirees returning to the job market sees a steady growth (YoY).
'Seniors' get a second innings at Hatti KaapiThe six-year-old company, with 35 outlets across the city, is all set to open outlets that will be run and managed entirely by senior citiz...
Bengalureans discover nightlife at Kempagowda International AirportFood outlets open round-the-clock and hassle-free parking facility are major attractions.
- Retail chains find local cuisine hot
Retail chains invite popular local vendors to share space within their stores.