Third Wave Coffee raises $43 mn in funding round led by WestBridge Capital

•Third Wave Coffee raised $43 million in a funding round led by WestBridge Capital, with existing investors Creagis and angel investors also participating.

•The new funding will aid expansion into existing markets, increase density in high-potential cities, and enhance food offerings.

•Third Wave Coffee currently operates 240 cafes and aims to reach 320 by FY27-end, with plans to add 100 new cafes annually.

•The company's total funding now stands at $105 million, with WestBridge Capital's Sandeep Singhal citing Third Wave's focus on quality and execution as key factors in its success.