Third Wave Coffee nears $80-100M raise at up to $500M valuation, tripling prior mark
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.
Third Wave Coffee is close to raising $80-100 million from existing backers WestBridge and Creaegis at a $400-500 million valuation, fueling pan-India café expansion as FY25 losses narrowed and revenue grew to ₹268.6 crore.