SPECIALITY COFFEE CHAIN
TATA Starbucks introduces its first metro store in India
TATA Starbucks opened its first store in a metro station at the Western Express Highway metro station in Mumbai. It will offer quick grab-and-go options and dine-in facilities from 8 am to 9 pm daily. CEO Sushant Dash expressed the company's commitment to providing an exceptional coffee experience in a convenient location. The store features a diverse menu with Indian-inspired beverages and loyalty programs for customers to enjoy.
Best Birthday Gift for Wife in India to Make Her Feel Extra Special (2024)
Are you looking for a great gift for your wife on the occasion of her birthday? If so, then continue reading this article to learn about the best birthday gifts for wives in India. These gifts are readily available on Amazon and you can place your order using the buying links shared in the article below.
Third Wave Coffee will add over 50 stores, expand to new cities: CEO Rajat Luthra
Third Wave Coffee, backed by Westbridge Capital, plans to open 50 new stores in existing markets like Bengaluru, Delhi-NCR, Mumbai, and Hyderabad, with a focus on Chennai, as stated by new CEO Rajat Luthra. The expansion comes as new-age coffee brands such as Blue Tokai, Subko Coffee and AbCoffee have seen a rush of venture capital.
Top 8 Gift Combos for Dads: Perfect Picks for Father's Day
Gift combos for dads are a fantastic way to surprise them on Father's Day, offering a thoughtful blend of items that cater to their interests and needs. These combos might include a mix of practical and personalized gifts, such as a stylish wallet, a sleek pen, a durable belt, and a keychain, all neatly packaged together. These curated gift sets show you’ve put extra thought into celebrating his special day, making it a memorable and heartfelt occasion.
14 Mother’s Day Gift Combos to make her day extra special
The ideal time to express your gratitude to your mother is on Mother's Day. This year, give her one of these 14 gift combinations to show how much you appreciate her and to make her feel extra special. These Mother's Day gift sets are sure to make her smile, whether you're giving it to her as a self-indulgence or as a token of your love.
12 Flags Group takes a sip of Blue Tokai
The investment by 12 Flags comes at a time when cafe chains in India are growing faster than quick service restaurants (QSRs), fuelled by younger set of consumers, aspirational demand, and menu innovation. In addition to new-age speciality coffee chains such as Blue Tokai, Third Wave and Slay, there are legacy brands such as Tata Starbucks, Costa Coffee and Barista, as well as relatively newer global entrants to India like British chain Pret a Manger and Canada's Tim Hortons, all of which are fuelling demand for cafes.
- Go To Page 1
Rakesh Kapoor-backed 12 Flags invests in Blue Tokai; its first investment in India
In addition to new-age specialty coffee chains such as Blue Tokai, Third Wave and Slay, there are legacy brands such as Tata Starbucks, Costa Coffee and Barista, as well as relatively newer global entrants to India like British chain Pret a Manger and Canada’s Tim Hortons, all of which are fuelling demand for cafes.
Oh dear! The bill for your dinner date just went up. Blame it on pricey cocoa, coffee, palm oil & sugar
The cost of dining out and ordering in restaurants is rising, with bills potentially rising 5-8% starting this month. This is the first increase in about 1.5 years, as prices of cocoa, coffee, palm oil, and sugar have surged over the past quarter. Cocoa prices have reached a record, reaching over $10,000 per tonne, following disappointing harvests in key producing countries such as Ghana and Ivory Coast. Cocoa prices have doubled in the January-March quarter from the preceding one, and cocoa butter has risen over 150% in just one year.
Daylight Saving Time 2024 USA: Burger King, Taco Bell, Starbucks's best coffee, breakfast deals, offers
As Daylight Saving Time, US resident will lose an hour this weekend but cafe and restaurant owners have revealed some good deals to make things entertaining.
10 Gift ideas for women - Show love with a special gift under 1000 this Valentine’s Day 2024
Valentine's Day is the perfect occasion to show the special women in your life how much you care. Even if you're on a budget, you can still find meaningful and charming gifts that will make her heart flutter. This collection of gift ideas for women under 1000 covers a range of options, from small tokens of affection to experiences that create lasting memories.
National Bagel Day 2024: Take a look at the offers and deals on bagels
Bagel is a famous food with a day of its own which is National Bagel Day, which falls on Monday, January 15, 2024 this year. Here's everything to know about the various offers and deals on this special day by fast food chains
Bullish on India as it has everything in place to accelerate trajectory: Starbucks Global CEO Narasimhan
Starbucks CEO Laxman Narasimhan has announced plans to open a new store every third day in India to operate 1000 cafes by 2028. The company is focusing on the tea-drinking nation's impressive development and improved ease of doing business. Starbucks has 390 stores in India and crossed the Rs 1,000-crore sales mark for the first time since its establishment in 2012.
Time now on the menu at fine dine restaurants
The rebound in the hospitality sector in India has resulted in longer dining times at fine-dine restaurants, with customers spending an additional hour on average at a table. The increase in dining time has reduced table cover turnover, prompting some businesses to introduce time slots for reservations. Restaurants have observed a shift in dining behavior, with two-course meals turning into four-course affairs, including drinks and after-meal coffee.
Bhavish Aggarwal's Krutrim AI plans; Elevation Capital report on startup outlook
Ola founder Bhavish Aggarwal on Friday unveiled the large language model (LLM) Krutrim, which he described as ‘India’s own AI’. This and more in today’s ETtech Top 5.
How to make a luxury brand from scratch? Lessons from a coffee shop
Bacha Coffee, a brand fewer than five years old has thrived in post-pandemic Singapore thanks to the grandeur of its stores and its positioning in posh locations like ION. It’s a spare-no-expense model that co-founders Taha Bouqdib and Maranda Barnes replicated after building Bacha’s sister brand, TWG Tea, into a status symbol across Asia.
No conflict of interest; Cafe coffee culture in India Instagrammable: Costa Coffee global CEO
The Coca-Cola company had acquired UK cafe chain Costa Coffee for $5.1-billion in 2019, to expand its beverages portfolio globally and drive cross synergies with cafes. But in India, Costa Coffee has been operated by PepsiCo's exclusive bottler RJ Corp which owns Devyani International Ltd (DIL), and continues to do so.
India a priority market for Costa Coffee, to add around 50 stores every year: Global CEO Philippe Schaillee
In India, Costa Coffee is operated through its franchise partner Devyani International Ltd (DIL), which has recently opened its 150th store here. Interestingly, DIL is promoted by RJ Corp Ltd, which is also a promoter of Varun Beverages Ltd (VBL), which is the bottling partner of PepsiCo.
Domino’s, Pizza Hut and other pizza chains cut rates as small rivals slice up market
Domino's sent messages to its subscribers last week alerting them about an "epic price drop on large pizzas". The pizza chain said prices of vegetarian large pizzas have been reduced from Rs 799 to Rs 499, and that of non-veg large pizzas from Rs 919 to Rs 549. "Pay less, get more," the company said in the messages.
Zerodha sets valuation at Rs 30,000 crore; Third Wave Coffee secures fresh funding
Nithin Kamath, cofounder & CEO, Zerodha, said they value the stockbroking company at 10 to 15 times of its profit after tax (PAT). This and more in today’s packed edition of ETtech Top 5
Speciality coffee company Abcoffee raises $2 million in funding from Tanglin Venture Partners, others
Abcoffee currently has 10 outlets in Mumbai and Delhi, and plans to inaugurate two more in Mumbai by the end of this month. Anand emphasised that the company's goal is to establish 100 outlets within the next 12 months.
Deepika Padukone dips toe in speciality coffee with investment in Blue Tokai
Ka Enterprises has joined Blue Tokai’s Series B round announced in January this year, in which it raised $30 million at a valuation of around Rs 650 crore. A91 Partners led the round.
Coffee Day Global and IndusInd Bank settle insolvency resolution plea at NCLAT
IndusInd Bank has withdrawn its insolvency resolution application against Coffee Day Global after assigning its loans to asset reconstruction company ASREC (India). The withdrawal was allowed by the National Company Law Appellate Tribunal (NCLAT) in Chennai. Coffee Day Global owns 495 Café Coffee Day outlets and has a debt of Rs 960 crore ($130 million) as of March 2022. This development comes as Coffee Day Enterprises is facing its own insolvency resolution application.
Coffee Day stares at corporate insolvency over bond defaults
Coffee Day Enterprises (CDEL) informed the exchange about the insolvency application filed by IDBI Trusteeship without naming the bondholder. CDEL is Coffee Day Global's holding company that operates the Cafe Coffee Day chain. On March 31, 2022, CDEL had defaulted on ₹115.37 crore of bond payments to Credit Opportunities II Pte and ₹116.55 crore to India Special Situation Scheme, both funds of Ares SSG Capital.
IDBI Trusteeship files insolvency resolution application against Coffee Day Enterprises
Ares SSG Capital Management has filed an application for corporate insolvency of Coffee Day Enterprises (CDEL) due to a bond default. CDEL's holding company, Coffee Day Global, was already admitted for corporate insolvency. Several lenders of CDEL have sold their debt to different asset reconstruction companies.
Bean everywhere: Cafes offering specialty coffee are riding the new wave
The exact definition of specialty coffee is somewhat elusive. Consultant, educator and Q processor Binny Varghese says there isn’t one and that when experts talk about specialty coffee, they mean coffee for which a professional coffee taster, called a Q Grader (akin to a wine sommelier), has given at least 80 points out of 100.
15 Mother’s Day gift combos to make her feel special
Mother's Day is the perfect opportunity to show your mom how much she means to you. Show your appreciation this year by getting her one of these 15 gift combos that are sure to make her feel special. From luxurious perfumes to beautiful jewellery sets, there is something for every type of mom. Whether you want to give her something to pamper herself or something to show your love, these Mother's Day gift combos are sure to put a smile on her face.
Olive oil in coffee? New Starbucks line a curiosity in Italy
The coffee-olive oil concoction has provoked both amusement and curiosity among Italians. While it echoes the keto diet-influenced trend of combining coffee with fats, Starbucks' line of five oil-infused drinks also adds a sugary or oat milk twist. Gambero Rosso, an Italian food and wine magazine, called the mixing of olive oil with coffee "a curious combination" but said it was reserving judgment, having not yet sampled the drinks.
Specialty coffee startup Blue Tokai raises $30 million in funding led by A91 Partners
Blue Tokai’s latest capital raise comes on the back of other new age specialty coffee firms also drawing increased consumer and investor interest.
NCDEX to relaunch Robusta Cherry AB Coffee Futures contracts
The contract will have a daily price limit of 6% (4% + 2%), which means once the price reaches 4% cap on either side the trading will be halted for a cooling period of 15 minutes, after which another 2% movement can be allowed on the same side until the end of the session.
Load More