Third Wave Coffee raises ₹408 crore in a funding round led by WestBridge Capital, according to reports. The company uses the capital to support its expansion plans.
The Business Line report links the fundraising to the company’s growth strategy, saying Third Wave Coffee is looking to add 100 new cafés every year. The Economic Times also reports on the ₹408 crore funding, though details beyond the amount and the fact of the round are not specified in the provided excerpt. Across the outlets, the central agreement is the size of the round and that WestBridge Capital leads it, while emphasis differs on the company’s stated retail expansion targets.
No additional information in the supplied excerpts covers the round’s structure, investors beyond the lead, valuation, or specific timelines for new store openings.