WestBridge and Creaegis are doubling down on Third Wave Coffee with an $80-100M round at a $400-500M valuation, up from $155M. Capital fuels pan-India café rollout across Bengaluru, Delhi, Mumbai, Pune and Hyderabad as FY25 revenue rose to ₹268.6 cr and losses narrowed to ₹94.4 cr from ₹152.4 cr.

Mint · 5/26/2026, 9:07:59 AM

WestBridge and Creaegis are doubling down on Third Wave Coffee with an $80-100M round at a $400-500M valuation, roughly 2.5-3x its prior $155M mark. Capital funds pan-India café expansion against Blue Tokai, Starbucks and Subko as FY25 revenue hit ₹268.6 cr and losses narrowed to ₹94.4 cr from ₹152.4 cr.

Mint · Companies · 5/26/2026, 9:07:44 AM

Specialty coffee in India is moving beyond instant, with Blue Tokai, Third Wave, Maverick & Farmer, Araku and Subko leading a shift to premium beans, cafes and D2C. Market projected to grow from $3.01 Bn in 2025 to $6.52 Bn by 2031, anchored by Bengaluru's third-wave culture.

Inc42 · Buzz · 5/26/2026, 5:33:37 AM

Mumbai-born coffee chain abcoffee raised Rs 61 Cr ($6.39M) pre-Series B led by Kliff Ventures, with Hero Enterprise, Merisis, Stride and Nexus participating. Capital fuels expansion of its 90+ outlet footprint across Mumbai, Delhi-NCR and Bengaluru, plus supply chain, tech and the Procaff product line.

Entrackr · 5/25/2026, 8:30:55 AM

Fashion led with 14 openings spanning MiniKlub, BHPC, Kalpraag, Benetton, House of Rare, Juicy Couture and True Religion. QSR/coffee added momentum with 11 Third Wave outlets. Funding was headlined by Snitch's $40M Series B, alongside Aukera ($15M), Pepperfry ($5.2M), Naagin ($2.1M) and Khari Foods (₹3cr).

India Retailing · 5/14/2026, 1:25:51 AM