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‘Nikhil Kamath waved hi’: Mumbai entrepreneur recalls how a café floor change led to once-in-a-lifetime momentAt a Bandra café, a young entrepreneur's meeting with a VC friend took an unexpected turn when Nikhil Kamath appeared. Seizing the moment, ...
EV unicorn Ather eyes $2.4 billion for IPO; prepares updated document filingAther IPO: The EV maker expects a spurt of 80% in value from previous funding. Zerodha cofounder Nikhil Kamath, an investor in the company,...
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...
Blue Tokai Coffee gets a Verlinvest flavourVerlinvest is set to invest Rs 200 crore in Blue Tokai Coffee Roasters at a Rs 1,200-crore valuation. Existing investors Hemendra Kothari’s...
Hungry for more: Food deals trending on startup streetCoffee, burgers, dosas and other brands scoop up new capital. Venture funds are investing in brands like FirstCoffee, AbCoffee, Café Amudha...
Discounting wars in quick commerce; tax relief for ecommerce suppliersThe recent funding raised by Zepto may trigger a discounting war in the quick commerce space. This and more in today’s ETtech Morning Dispa...
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...
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...
Bluestone’s new investors; states & semicon hubsHappy Tuesday! New investors are finalising Bluestone’s pre-IPO funding round. This and more in today’s ETtech Morning Dispatch.
Startups tap new pools of capital; consumer lending apps hit profitabilityCapital pools have diversified amid the broader tech slowdown with large global, crossover and hedge funds mostly staying away from cutting...
Fintechs push for cross-border payments; Chiratae’s $70 million portfolio saleHappy Wednesday! Razorpay, Cashfree, PayGlocal and other fintech startups are seeking a licence for facilitating cross-border payments from...
Norms for swappable e-bus batteries; Avanse, Subko raise fundsThe government is framing rules to enhance interoperability for batteries used in electric buses. This and more in today’s ETtech Top 5.
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...
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 ...