Depresso! Cafés go through the grinderStarbucks, Barista, Chaayos, and Third Wave Coffee are facing a slowdown in growth due to rising competition and reduced consumer spending....
09 Jan, 2025, 05.30 AM IST
Indian coffee chain Blue Tokai targets three-fold revenue before deciding on IPOIndian coffee chain Blue Tokai is brewing ambitious plans for expansion. Aiming to triple its revenue by 2027, the company plans to expand ...
19 Nov, 2024, 01.43 PM IST
Cool beans! Cafes are having a field day this summerNational chains such as Third Wave Coffee, Chaayos, AbCoffee, and Boba Bhai have seen a notable increase in foot traffic at their cafes, pa...
23 Jun, 2024, 11.30 AM IST
12 Flags Group takes a sip of Blue TokaiThe investment by 12 Flags comes at a time when cafe chains in India are growing faster than quick service restaurants (QSRs), fuelled by y...
10 Apr, 2024, 12.49 AM IST
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 ...
05 Feb, 2024, 07.17 AM IST
Starbucks to brew a mix of expansion, affordability to compete with rivalsStarbucks, the world's largest coffee retailer operating in India through Tata Consumer Products, is strategically shifting its focus towar...
16 Nov, 2023, 12.44 AM IST
PE-backed Third Wave Coffee opens 46th outlet in BengaluruTelecom operator Vodafone Idea (VIL) is set to make substantial investments in the near future to facilitate the rollout of a robust 5G net...
27 Oct, 2023, 05.52 PM IST
Bean everywhere: Cafes offering specialty coffee are riding the new waveThe exact definition of specialty coffee is somewhat elusive. Consultant, educator and Q processor Binny Varghese says there isn’t one and ...
23 Jul, 2023, 11.06 AM IST
Going desi: Starbucks sees enough bucks in its Bharat accountIn FY23, Starbucks added 71 stores to take the overall door count to 333. Its India sales crossed the Rs 1,000-crore sales mark for the fir...
14 Jul, 2023, 05.09 PM IST
It's the cafe chains that the young are flocking toCafe chains in India are now growing faster than quick service restaurants (QSR) as younger, aspirational consumers increasingly prefer to ...
06 Jul, 2023, 09.54 PM IST
Starbucks brews up cheaper India drinks as domestic rivals expandAlthough Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many ...
07 Jun, 2023, 11.37 AM IST
After 2-year Covid lull, restaurants in Delhi decked up to welcome guests for Christmas, New YearIn Connaught Place, restaurants like Diggin Cafe, Zen Cafe, Farzi Cafe, Out of the Box Cafe, Warehouse Cafe and many other restaurants have...
22 Dec, 2022, 04.31 PM IST
As floods hit, Bengaluru man set up desktop in a coffee shopThe picture of a man working at a desktop placed inside a cafe in Bengaluru is now going viral on social media.
12 Sep, 2022, 10.46 AM IST
Third Wave Coffee is brewing new funding round led by WestBridgeThe round also includes a secondary share sale in which some of its early individual investors will exit. Once the deal is closed, the star...
09 May, 2022, 09.55 AM IST
Mall owners likely to offer relief to retail stores, food outlets, multiplexes amid pandemic: SCAISCAI director Abhishek Bansal said some of the retailers have started approaching the property owners, raising their concerns over the impa...
16 Jan, 2022, 02.52 PM IST
Delhi's restaurants, pubs & bars in commercial establishments down shutters temporarily"Deliveries are not sustainable for existing operational costs. Even on Malcha Marg, we are hardly getting any business. Most restaurants a...
13 Jan, 2022, 07.04 PM IST
Restaurants, malls hit pause on capex plans, stagger fresh suppliesFor malls and restaurants, the steady decline in numbers comes after Christmas. New Year was subdued because of the onset of the third wave...
10 Jan, 2022, 10.30 AM IST