Third Wave Coffee: A Growth Spurt with Hiccups
Third-wave coffee, known for its focus on quality, is still thriving. However, a popular chain, Third Wave Coffee, is facing financial challenges. Their rapid growth has led to rising costs and losses. T
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Sairaj Kadam
Entrepreneur |Founde... • 4m
Own More, Work Less.
It covers something very deep than you think.
Yesterday, Third Wave Coffee announced plans to open an 50 more stores.
⏩Lead Investors include: WestBridge Cap., Creaegis, Redbrook.
⏩Total Funding: $62 M, Last round- Series C: $35 M
At present, Third Wave Coffee has 107 stores.
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Omkar Rao Budi
Portfolio Management... • 1m
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How Third Wave Coffee Became India’s Leading Coffee Chain
Despite India being among the top 10 producers of coffee, most of the coffee was exported instead of being consumed in India.
This fact bothered Sushant Goel, Ayush Bathwal, and Anirudh Shar