Top deals of Sept 22-28: Quick service restaurant Third Wave Coffee raises $35 m

Pilgrim, Ergos, Castler and Legistify were other companies that received significant investment during the week

Update: 2023-10-02 01:00 GMT
Third Wave Coffee operates about 100 outlets across cities including Mumbai, Delhi, Pune and Hyderabad. I Photo: Company website
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Heisetasse Beverages, which runs coffee quick-service restaurant (QSR) Third Wave Coffee, has raised g $35 million in Series C funding from Creaegis, Westbridge Capital Partners, and Udaan founder Sujeet Kumar, according to data from PrivateCircle Research. The Bengaluru-based startup will use the funds to expand, scale up supply chain and develop its technology stack. It operates about...

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Heisetasse Beverages, which runs coffee quick-service restaurant (QSR) Third Wave Coffee, has raised g $35 million in Series C funding from Creaegis, Westbridge Capital Partners, and Udaan founder Sujeet Kumar, according to data from PrivateCircle Research. The Bengaluru-based startup will use the funds to expand, scale up supply chain and develop its technology stack. It operates about 100 outlets across cities including Mumbai, Delhi, Pune and Hyderabad.

Heavenly Secrets, which runs beauty and personal care D2C (direct-to-consumer) startup Pilgrim, raised $20 million in Series B funding from Vertex Ventures SE Asia & India, Fireside Ventures, and the Narotam Sekhsaria Family Office.

Agritech startup Ergos Business Solutions Pvt Ltd, operating under the name Ergos, secured $7 million from Abler Nordic (Nordic Microfinance Initiative), Aavishkaar Capital, Chiratae Ventures (IDG), and Trifecta Capital.

Ncome Tech Solutions Pvt Ltd, which runs escrow banking startup Castler, raised a pre-Series A round of $6 million. Capital 2B, IIFL Fintech Fund, and Flipkart invested in the round.

Legaltech startup Legistify Services Pvt Ltd raised a Series A round of $4 million from Enrission Group, Titan Capital, Indiamart Intermesh, GSF India, Cathexis Ventures, and Justin Hamilton.

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