BARISTA COFFEE
Delhi's latte-me-pay culture brewing
Delhi's 'brewtherly' pay-it-forward coffee trend, 'Mocha Hood,' includes suspense, fiscal heroism, and caffeinated kindness. Baristas adapt charges subtly, central to this culture. Social etiquette challenges and existential crises accompany growing queues, making each coffee purchase a crucial character statement.
Best coffee beaters (2024): Discovering the top tools for brewing your perfect cup
Discover the best coffee beaters for brewing your perfect cup of coffee enthusiasts through the finest tools to enhance their brewing process. From manual frothers to electric mixers, this comprehensive overview highlights the best equipment to achieve barista-quality coffee at home. Whether a novice or a seasoned brewer, this guide ensures you find the perfect tools to elevate your coffee-making experience.
Costa Coffee posts 49 pc rise in revenue to Rs 152 cr in FY24, adds 67 new stores
British coffee chain Costa Coffee reported a 49 per cent growth in revenue from operations to Rs 151.8 crore in India, Devyani International Ltd said in the annual report. Its gross profit stood at Rs 116.6 crore, up 45 per cent from the year-ago period, it said.
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.
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.
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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.
Shana Swash: Joe Swash's sister and EastEnders star gives birth, reveals her newborn's UNUSUAL name
Former EastEnders star Shana Swash, sister of Joe Swash, celebrated the arrival of her daughter Kitty Frances Swash Jones with fiancé Nick. From engagement to entrepreneurship, Shana's journey unfolds, intertwining family joy, a coffee venture, and her upcoming film, "Love Without Walls.”
Meghan Markle takes center stage as the face of trendy coffee brand, leaves glowing review on website
"The Duchess, an investor in the oat latte brand since 2020, is said to be a regular consumer of their powdered lattes, savoring them both morning and night. This endorsement comes on the heels of Meghan's featured appearance in a recent advertisement for the brand."
Starbucks to brew a mix of expansion, affordability to compete with rivals
Starbucks, the world's largest coffee retailer operating in India through Tata Consumer Products, is strategically shifting its focus towards rapid expansion and enhanced affordability. In a market where at least half-a-dozen new players are intensifying competition in the coffee cafe chain segment, Sunil D' Souza, Managing Director of Tata Consumer Products, sheds light on Starbucks' approach to navigate the dynamic landscape.
Barista and Massive Restaurants collaborate with Fudr to launch food ordering and payment app
Founded by technology and marketing professionals Aayush Khandpur, Prem Lokesh, Shobhit Marwah, and Akshat Khandpur, Fudr helps F&B brands build their app economies through its software as a service app builder stack that is fully integrated with POS and payment systems.
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.
Seattle-based firm makes 'beanless coffee' to help combat deforestation
Coffee farms are moving uphill and destroying trees and forests as the climate heats up globally. These are specifically the arabica variety, one of the favourites of baristas.
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.
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.
Going desi: Starbucks sees enough bucks in its Bharat account
In FY23, Starbucks added 71 stores to take the overall door count to 333. Its India sales crossed the Rs 1,000-crore sales mark for the first time since it set up shop in the country a decade ago. At Rs 1,087 crore, it was up 71% from FY22.
It's the cafe chains that the young are flocking to
Cafe chains in India are now growing faster than quick service restaurants (QSR) as younger, aspirational consumers increasingly prefer to meet and hang out in cafes despite high menu prices, execs and analyst reports say.
Starbucks brews up cheaper India drinks as domestic rivals expand
Although Starbucks still dominates in India, rivalry is fizzing in the capital, New Delhi, and the technology hub of Bengaluru, where many Third Wave cafes are often as crowded as Starbucks outlets. "We've lost 30 cups a day to them," said a barista at a Starbucks shop in Delhi that sells 7,500 drinks a month, referring to a Third Wave that opened nearby months ago, but already sells 3,700.
Bean shortage drives up cost of even the cheapest cup of coffee
The crops in Brazil, which is the second-largest grower of the robusta variety, have been hurt by drought.
Last-minute Mother's Day gifting ideas: Coffee hampers, chocolate boxes & dessert baskets will make your mom smile
This Mother's Day, celebrate the superwoman in your life with a variety of gifting options.
Big catching up to do for new players, looking beyond metros: Barista CEO Agrawal on growing competition
From coffee giants Tim Hortons, Tata Starbucks, the recently opened 'Pret A Manger' to local coffee-related startups like Blue Tokai, Sleepy Owl and Rage Coffee, everyone seems to be betting big on the growing coffee culture in the traditionally tea-drinking nation.
Barista Coffee opens 350th store in Udaipur, plans to reach the count of 500 in 2 years
“At Barista, we are expanding our footprint across the country in a strategic manner and plan to be at 500 store count over the next 2 years. The objective is to connect with the larger community and be accessible for our consumers at multiple touch points," the company CEO said.
Starbucks CEO Laxman Narasimhan's new role: To serve as a barista once a month
Starbucks' new CEO Laxman Narasimhan has spent the last six months immersing himself in Starbucks, earning his barista certification as well as visiting stores, farms and manufacturing centers across the world.
New Starbucks CEO Laxman Narasimhan is a certified barista after a 40-hr training programme!
The Wharton alumnus underwent rigorous training in 33 stores before he takes charge next month.
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.
Must-reads from the week: 5 auto stocks to bet on, why a weaker rupee may be good and how Barista is quietly expanding
A rundown of the five most important, popular and interesting stories on ET Prime this week.
Coffee chain Barista brews a new strategy as it quietly scales up
When a host of popular brands — including Starbucks, Blue Tokai and Third Wave Coffee — are vying to get a giant chunk of the pie, can a legacy brand like Barista manage to hold its own?
International Coffee Day: Be Your Own Barista; Brew Dolce Chocolate Latte, Bitter Delight At Home
Attention, coffee lovers! This is a blessing in disguise. Whether you like a hot cup of joe in the morning or want to add a unique, boozy twist to your evening weekend celebration, this coffee recipe manual is your perfect go-to guide. These cocktail and mocktail coffee recipes are a perfect addition to your festive celebrations as well. On International Coffee Day, take your regular beverage a notch higher and turn it into a luxurious drink.
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