Login

Post on Medial

VCGuy

Stealth • 5m

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 replies13 likes
2
Replies (3)

More like this

Recommendations from Medial

Anonymous

Anonymous

Stealth • 5m

third wave coffee in trouble

0 replies8 likes
2

Yogesh Jamdade

Stealth • 5m

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

See More
0 replies4 likes
Anonymous

Anonymous

Stealth • 5m

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

0 replies4 likes
Image Description
Image Description

VCGuy

Stealth • 2m

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 -

See More
7 replies13 likes
1

VCGuy

Stealth • 4m

Several reports indicate that OpenAI has doubled its revenue in <6 months. Late 2023: $1.6 B May 2024: $3.4 B 💡FutureSearch's report provides an interesting estimation of OpenAI's revenue breakdown - - $1.9 B from ChatGPT+, 7.7 M paying subscrib

See More
0 replies12 likes
1

VCGuy

Stealth • 3m

Google's $23 B offer for Wiz may reignite interest in deals and exits for cybersecurity start-ups. Wiz's $23 B offer from Google is ~2x the valuation of their Series E and 46x their ARR. Series E in May 24 : $1 B raised at $12 B valuation ⏩Invest

See More
0 replies8 likes
1
Image Description
Image Description

Harsh Dwivedi

 • 

Medial • 6m

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 -

See More
86 replies231 likes
159

VCGuy

Stealth • 3m

Wealth management startups in India seem to be gaining significant traction. In the past few weeks - - Dezerv raised $32 M from Premji Invest, now valued at $210 M - StableMoney closed a $14.7 M Series A - Infynite Club secured $2.6 M from Elevatio

See More
0 replies10 likes
2
Image Description
Image Description

Aarihant Aaryan

Stealth • 7m

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

See More
2 replies14 likes
Image Description
Image Description

Abhishek Kurapati

Stealth • 8m

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

See More
4 replies6 likes

Download the medial app to read full posts, comements and news.