WayCool Foods

WayCool Foods & Products Pvt. Ltd. is one of India's fastest growing Agri-Tech companies, driving social impact while transforming India's food economy.

WayCool's vision is to organize India’s farm-to-fork supply chain, to deliver cleaner, fresher and better produce to consumers, generate higher returns to farmers, and reduce wastage and inefficiency.

WayCool Foods was founded in July 2015 by Karthik Jayaraman and Sanjay Dasari. The company is headquartered in Chennai, India.

 

WayCool procures, processes and distributes a wide range of food products including fresh produce, staples and dairy products, moving over 250 tonnes of food every day to 8,000 enterprise clients across Southern India.

 

WayCool operates a soil-to-sale model, engaging deeply with a base of nearly 40,000 farmers to improve farm income, while bringing efficiency through its direct supply chain model.

 

WayCool works with 3,500 small farmers across South India, buying around 320 varieties of fresh produce as well as staples, dairy and other produce. It also works directly with around 35 non-governmental cooperatives with access to a tentative base of 85,000 farmers.

 

WayCool is backed by Lightbox, Aspada, LGT Impact Ventures, LightRock, World Bank’s International Finance Corp., Caspian Impact Investment, InnoVen Capital, FMO, Northern Arc Capital Ltd., and others. The company raised $117M in an ongoing Series D round on Jan 13, 2022. This brings WayCool's total funding to $228.4M to date.

 

 

  • Year founded: 2015
  • Funding Info: $228.4M over 8 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: NA
  • City/Town: Chennai
  • State: Tamil Nadu
  • Country: India
Related businesses