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THIRD WAVE COFFEE
Latte to talk about: Cafes are trying to reclaim their glory days as hubs of conversation and are wooing the youngYoung Indians are turning to cafés for meaningful conversations and community, moving beyond passive screen time. In cities like New Delhi,...29 Mar, 2026, 07.57 AM IST- Costa Coffee's India FY25 sales jump 30% to Rs 198 cr; gross margin declines marginallyCosta Coffee saw significant growth in India. Revenue rose by 30.76 percent. Profit increased by 28.4 percent. The company opened more stor...13 Jul, 2025, 12.33 PM IST
- 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
- 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...20 Nov, 2024, 04.33 PM IST
- 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...18 Jun, 2024, 09.35 AM IST
- 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 ...05 Apr, 2024, 01.15 PM IST
- Third Wave Coffee ropes in ex-KFC India head as CEO; founder Sushant Goel to move to board roleThe company last raised $35 million from PE fund Creagis in September. Goel will transition out of his day-to-day operating role over the n...18 Mar, 2024, 06.32 PM 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
- Bose picks up minority stake in Noise; Udaan fires over 100 employeesIn what could potentially strengthen homegrown audio accessories and wearables brand Noise’s foothold in a tightly contested segment, the c...18 Dec, 2023, 07.33 PM IST
- 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”.15 Dec, 2023, 12.43 PM 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
- 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...28 Sep, 2023, 09.38 PM IST
- 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...28 Sep, 2023, 09.24 PM IST
- 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...18 Jan, 2023, 05.32 PM 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
- Tussle continues between logistics cos & aggregators; ecomm grows even as offline stores reopenThe aggregators are now passing on the increased costs to customers.09 May, 2022, 07.23 AM IST
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