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THIRD WAVE COFFEE
The big winners from India's coffee craze may not sell coffee at allIndia’s coffee culture is expanding beyond cafes and coffee chains, creating opportunities across beauty, homeware, luxury hospitality, whi...
Paris Panini operator Popo Global closes Rs 532 crore investment from Artal AsiaFounded in 2017 by brothers AB Gupta and Nikhil Gupta, Popo Global operates Bengaluru-based chains Pizza Bakery, Paris Panini and Smash Guy...
Tough task: Staying invested in businesses while ignoring noise called Gulf war; 6 mid-cap stocks with upside potential of up to 23%Trying to time the market turns volatility into something that beats an investor twice: Once on the way down, and once on the way up. So, i...
Blue Tokai: India's small home roaster that brewed a multi-thousand-crore café businessBlue Tokai began with a 500-gram roaster in a Delhi home and grew into a multi-format coffee business spanning cafés, packaged beans, subsc...
Temasek, ChrysCap brew up plans for Blue Tokai stake, put Rs 1000-1200 crore on the tableThe deal will value Blue Tokai chain at up to Rs 3,700 crore. This will be the largest round for the roasters so far, and will involve a co...
ETtech Deals Digest: Third Wave, Airbound lead weekly funding at $208 million, down 56% on-yearIndian tech and startup funding stood at $207.7 million across 20 rounds in the week ended August 28, down 6.3% from the previous week. Thi...
ETSA 2026: Jury to pick winners today; SoftBank trims Lenskart stakeThe day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars...
AI leaders on automation; PM Modi debriefs space startupsBusiness leaders at the Economic Times World Leaders Forum said AI agents can reshape work, but governance and human accountability remain ...
Third Wave Coffee raises Rs 408 crore in funding round led by WestBridge CapitalThe round, comprising a mix of primary and secondary capital, also saw participation from existing investor Creaegis and angel investors, t...
Starbucks bets on India's premium coffee boom amid rising competitionStarbucks is expanding its premium Reserve stores in India, aiming to capture a growing coffee market. The company sees intensified competi...
Blue Tokai brews up competition with Starbucks in India’s potential $1.15 billion market: ReportSpecialty coffee chain Blue Tokai plans to triple its store count to 800 by FY30. The company aims to open 120 new cafes this financial yea...
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...
Third Wave Coffee will add over 50 stores, expand to new cities: CEO Rajat LuthraThird Wave Coffee, backed by Westbridge Capital, plans to open 50 new stores in existing markets like Bengaluru, Delhi-NCR, Mumbai, and Hyd...
InShorts' Azhar Iqubal steps down from CEO role; cofounder Deepit Purkayastha to take overAzhar Iqubal, the co-founder and CEO of online news aggregator InShorts, has transitioned to the role of chairman, while co-founder Deepit ...
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”.
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...
Third Wave Coffee raises $35 million in funding round led by CreaegisThird Wave Coffee cofounder and chief executive Sushant Goel confirmed the new funding without providing any details. Creaegis closed a $42...
Zerodha sets valuation at Rs 30,000 crore; Third Wave Coffee secures fresh fundingNithin Kamath, cofounder & CEO, Zerodha, said they value the stockbroking company at 10 to 15 times of its profit after tax (PAT). This and...
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...
Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopenThe aggregators are now passing on the increased costs to customers.