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VCGuy

Believe me, it’s not... • 1y

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. Blue Tokai Coffee Roasters and TWC are seemingly at very similar positions - - Both have around the same store count (between 100-110). - Similar Revenue figures: (a). TWC - ₹146.62 Cr Rev, -₹54.32 Cr Loss. (b). BTCR - ₹128.72 Cr Rev, -₹42.98 Cr Loss. - Rapid Expansion seems to be on everyone's roadmap: (a). Starbucks adding a store every 3 days. (b). TWC to open 50 more and BTCR aiming at 200. - Anticipate more funding rounds from both start-ups this year. 🔀I'm a regular consumer of both - Super Coffees!

3 Replies

Replies (3)

SamCtrlPlusAltMan
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OpenAI • 1y

While their losses are about somewhat similar, their strategies to place themselves in the market is completely different. Amidst all this, which position play ends up winning is totally depending on how they price their stuff and Evolve the SKUs over time.

1 Reply

Anonymous 1

Hey I am on Medial • 1y

Lol a typical growth-at-all-costs strategy to rapidly scale up the store footprint. Just hope they don’t end up becoming ghost cafes. Cause that will be difficult to see.

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Anonymous

Hey I am on Medial • 1y

third wave coffee in trouble

Yogesh Jamdade

..... • 1y

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

Anonymous

Hey I am on Medial • 1y

Third wave coffee is in deep trouble with less than a year of runaway. Do you think this coffee tech startup will survive ?

VCGuy

Believe me, it’s not... • 1y

Blue Tokai Coffee Roasters was the first company to bring Speciality Coffee to India back in 2013. Two days back - They raised a $35 M Series C. ⏭️Investors include: Verlinest, A91 Partners, 8i Ventures, Deepika Padukone ☕️A few points about BTCR -

7 Replies

Havish Gupta

Figuring Out • 6m

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

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VCGuy

Believe me, it’s not... • 4m

I assumed H&M’s lower price point would translate into healthier profits. H&M may lead in total sales, but it’s shelling out 4.5× what Zara pays in royalties — ₹865 Cr vs Zara’s ₹190 Cr, eating into margins⤵️ (source - Entrackr) From what I’ve seen

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Aarihant Aaryan

Prev- Founder & CEO ... • 1y

The most overrated coffee Starbucks went from shutting down 600 stores in 2008 to closing 30Billion dollars in sales in 2024 From the beginning Starbucks was always a coffee bean retailer but Howard who joined the company as a director was impressed

2 Replies

Harsh Dwivedi
•

Medial • 1y

Salaries of top Indian startup founders revealed.(Per annum) Zerodha Nikhil Kamath - ₹48 Cr - Revenue- ₹6,832.8 Cr | Profit of ₹2,908.9 Cr Zepto Aadit Palicha - ₹1.5 Cr - Revenue- ₹2,024.3 Cr | Loss of ₹1,272.4 Cr Zaggle Raj Narayanam - ₹1.02 Cr -

91 Replies

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Abhishek Kurapati

Hey I am on Medial • 1y

What are your toughts on this? Lets discuss. Coffee's getting really popular, and Zerodha founders Nikhil Kamath and Nithin Kamath are getting more into it. They own a bit of Third Wave Coffee and just bought a big chunk of Subko Coffee. If we loo

4 Replies

Chirag
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&OTHERS • 5m

Some Sundays start slow… and that’s the magic. This was one of those mornings. Walked into a quiet Third Wave Coffee outlet, laptop in bag, mind buzzing with thoughts from the week, just the usual. But the universe had other plans today. A warm c