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Alpha Wave Ventures led a $53m Series C funding round in Chaayos.

Synopsis

Alpha Wave Ventures, a global investment company, led a $53m Series C funding round in Chaayos, a chai tea cafe chain, with participation from Elevation Capital, Tiger Global and Think Investments. "We are impressed by the team's customer obsession, which is visible in its best in class unit economics and customer NPS," Navroz Udwadia, Alpha Wave Global Co-founder.

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