Series C · Consumer
Third Wave Coffee raises $35 million Series C led by Creaegis
The financing backed expansion of a specialty-coffee and quick-service food brand across India.
Third Wave Coffee operated more than 100 cafes across India when it announced the financing in September 2023. Co-founder and then-CEO Sushant Goel said the business had grown fivefold over the preceding year as it expanded its national footprint.
Creaegis described its approach as digital-first, backing technology and product innovation alongside the physical cafe network. WestBridge Capital and Udaan co-founder Sujeet Kumar joined the round as returning investors.
Use of funds
Expand the cafe network across India.
Strengthen the supply chain.
Invest in technology and product innovation.
Funding history
Series C · This round$35M
Series A$6M