Bengaluru-based Third Wave Coffee raises $6 mn in Series A funding round

Bengaluru-based coffee QSR (quick service restaurant) start-up Third Wave Coffee has raised $6 million as part of its Series A funding round. Several existing and new shareholders participated in the private equity round, including Sujeet Kumar (co-founder, Udaan), Arpan Sheth (Bain & Company) and Ayyappan Rajagopal (CEO, Cleartrip), amongst others.

The Series A funding comes just months after the start-up closed its pre-Series A funding round in April from a clutch of investors, including Sujeet Kumar, Nikhil Kamath, Neelesh Bhatnagar and Ayyappan Rajagopal.

Third Wave Coffee counts itself as one of the top coffee QSRs in the country, with a significant market