Third Wave Coffee, a quick service restaurant (QSR) brand, has launched its 23rd store in Mumbai. Situated at Santacruz, the new outlet represents its sixth collaborative space with the Mumbai-based bookstore chain, Crossword Bookstores.
Rajat Luthra, CEO of Third Wave Coffee, remarked, “The addition of our new Santacruz location not only expands our presence in Mumbai but also underscores our dedication to nurturing community ties and promoting a culture centered on reading and learning.”
This marks the coffeehouse chain’s 118th location across the country.
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Nidhi Gupta, director of Crossword Bookstores, expressed, “Nestled within the welcoming atmosphere of Crossword Bookstore, this latest Third Wave Coffee establishment provides visitors with an ideal environment to savor a high-quality coffee experience amidst a sanctuary of books.”
Gupta added, “This partnership further integrates the realms of outstanding coffee and intellectual engagement, offering a perfect destination for both coffee aficionados and bibliophiles.”
Founded in 2017 by Sushant Goel, Ayush Bathwal, and Anirudh Sharma, Third Wave Coffee operates under Heisetasse Beverages Private Ltd., an Indian company with cafes in various cities across India, including Hyderabad, Coonoor, Bengaluru, Delhi, Mumbai, Chandigarh, and Pune.
In September 2023, the company secured $35 million in Series C funding from Creaegis and its existing investor, WestBridge Capital. The funding is earmarked for nationwide expansion, bolstering its supply chain, advancing capabilities, and technology investments.
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