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Amount Raised
$35 Million
Round Type
Funding Round
Description
The specialty coffee & QSR space is set to heat up further with Third Wave Coffee—a Bengaluru-based coffee chain that’s popular with the city’s startup community—raising $35 million in new funding in a round led by private equity firm Creaegis. Existing investors, including WestBridge Capital and Udaan cofounder Sujeet Kumar, have also participated in the round and Third Wave Coffee is now valued at around $150 million, people aware of the matter said. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post Graduate Certificate in Digital MarketingVisitIndian School of BusinessISB Applied Business AnalyticsVisitThird Wave Coffee cofounder and chief executive Sushant Goel confirmed the new funding without providing any details. Creaegis closed a $426 million fund on September 20 through which it has made the investment in the coffee chain
Fundz sees it the moment Third Wave Coffee raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Third Wave Coffee raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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