Mumbai-based quick-service coffee and food brand, Third Wave Coffee secures USD 35 million in a Series C funding round led by Creaegis, with participation from existing investor WestBridge Capital and angel investors.
The company plans to use the capital to fuel its nationwide expansion, strengthen its supply chain, invest in technology, and enhance capabilities.
Third Wave Coffee, founded in 2017 by Sushant Goel, Ayush Bathwal, and Anirudh Sharma, has already expanded its presence to over 100 stores across major Indian cities.
Third Wave Coffee, present in major Indian cities such as Bangalore, Mumbai, Delhi, and Pune, boasts a network of over 100 cafes. WestBridge Capital had previously led a USD 21 million Series B investment in the company in May last year.