Agritech Startup WayCool Secures ₹210 Cr Funding to Enhance Food Production and Distribution

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Chennai-based agritech startup WayCool has secured ₹210 Cr (approximately $22.7 Mn) in a recent funding round led by Lightrock India. Founded in 2015 by Karthik Jayaraman and Sanjay Dasari, WayCool is dedicated to revolutionizing food production and distribution through the strategic use of technology.

The startup manages a sophisticated supply chain that spans from cultivation to retail, showcasing its commitment to efficiency and innovation in the agritech sector. WayCool engages with over 85,000 farmers through its platform ‘Outgrow’ and markets a variety of food items under seven distinct labels.

This funding milestone follows a previous round of ₹38.2 Cr led by Trifecta Capital, further strengthening WayCool’s trajectory in reshaping the agricultural landscape in India and meeting the evolving demands of the market.

Source: Inc42 Media