They are adding more branches. FnB isnt an easy space to be in but their Coffee is great. Should be able to take the space left by CCD
Sucks if third wave is going down
Am starting to feel these VC funded business are mainly done by people with connections. Startup economy is equivalent to the trust fund kids of the US.
There's CCD (now falling). Starbucks toh hai hi. There's Blue Tokai and Third Wave (backed by capital). Recently Nexus funded abCoffee with $3.4Mn.
How many coffee startups are gonna get funded? I think they're just seeing this as safe...
When you compete to serve the top 1% of India, obviously it will end up in losses
Apparently they fired 100+ folks even when there is enough runaway post recent funding. Any more insider updates?
