Alpha Wave, IvyCap set to exit cloud kitchen but will they taste any profit?

By Debjyoti Roy

  • 21 Apr 2025
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Credit: 123RF.com

Alternative investment firm Alpha Wave, along with venture capital firm IvyCap and a group of angel investors, is set to exit its four-year-old investment in a cloud kitchen venture. However, the outcome appears to be less than ideal, particularly for late-stage investors.   Alpha Wave (which makes both late-stage venture capital and ......

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