PE Fund Investments
QSR brand Third Wave Coffee raises $35-M led by Creaegis
Bengaluru-based quick-service coffee and food brand Third Wave Coffee has raised USD 35 million in a Series-C funding round led by Creaegis with participation from existing investors including WestBridge Capital and angel investors. The company will use the capital to expand, bolster its supply chain, enhance capabilities, and strengthen technology. Established by Goel, Ayush Bathwal, and Anirudh Sharma in 2017, the firm claims to have over 100 stores. In May 2022, WestBridge Capital led a USD 21 million Series-B round in the firm, with participation from angel investors.
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