| Date | Title | Description |
| 03.10.2024 | WayCool Secures INR 100 Cr Debt Financing from Grand Anicut to Strengthen Operations The fresh funds will be used to refinance existing borrowings and bolster working capital. | WayCool, the Chennai-based agricultural supply chain firm, has secured INR 100 crore (USD 12 million) in debt financing from Grand Anicut, marking its first major capital infusion in two years.
The company's board approved the issuance of 1... |
| 02.10.2024 | The Rise of AI in Automotive: Numa and Broom Lead the Charge | The automotive industry is undergoing a seismic shift. Traditional practices are being challenged by innovative startups like Numa and Broom. These companies are not just players; they are revolutionaries. They are tackling age-old problems... |
| 02.10.2024 | Deals in brief: Indonesian startup Broom lands Series A+ funding, Mitsui invest in US-based Numa, latest India deals, and more | Broom lands USD 25 million in Series A+ round
Broom, an Indonesia-based startup shaking up the used car market, has landed USD 25 million in a Series A+ funding round led by Openspace, with support from AC Ventures, Quona Capital, MUFG Inno... |
| 02.10.2024 | Deals in brief: Indonesian startup Broom lands Series A+ funding, Mitsui invests in US-based Numa, latest India deals, and more | Broom lands USD 25 million in Series A+ round
Broom, an Indonesia-based startup shaking up the used car market, has landed USD 25 million in a Series A+ funding round led by Openspace, with support from AC Ventures, Quona Capital, MUFG Inno... |
| 01.10.2024 | WayCool Bags INR 100 Cr Debt From Grand Anicut | SUMMARY
Chennai-based agritech startup Waycool has secured a debt funding of INR 100 Cr ($11.9 Mn) from Grand Anicut.
The board approved a capital infusion through 1,000 Series B6 debentures at an issue price of INR 10 Lakh each to raise IN... |
| 01.10.2024 | WayCool raises Rs 100 Cr in debt from Grand Anicut
Recommended Stories For You | Agriculture supply chain startup Waycool has raised Rs 100 crore in debt financing from Grand Anicut, according to filings with the Registrar of Companies.
The board approved a capital infusion through 1,000 Series B6 debentures at an iss... |
| 12.08.2024 | WayCool Foods FY23: Loss Up 89% To INR 685 Cr, Revenue Crosses INR 1K Cr Mark | SUMMARY
Operating revenue rose 62% to INR 1,251.4 Cr in FY23 from INR 772.3 in FY22
WayCool’s total expenses increased 96% YoY to INR 3,856.9 Cr – almost 3X of its revenue
WayCool is an agritech startup which sells food products under seven... |
| 30.07.2024 | Over 200 employees laid-off by agritech firm Waycool | In an effort to increase profitability, Waycool, a supply chain company for agriculture, has let go of more than 200 workers across several departments. This is the company’s third round of layoffs; it is based in Chennai.
“Each of WayCool’... |
| 27.07.2024 | The Agritech and Edtech Exodus: A Tale of Layoffs and Shutdowns | The startup landscape in India is undergoing a seismic shift. Agritech and edtech sectors, once seen as fertile ground for innovation, are now facing a harsh winter. Companies like Waycool and Bluelearn are making headlines for all the wron... |
| 26.07.2024 | Agritech firm Waycool lays off more than 200 employees | Agriculture supply chain firm Waycool has laid off over 200 employees across departments as the company eyes profitability. This is the third round of layoffs at the Chennai-based company.
“Each of WayCool’s businesses is executing their pl... |
| 15.07.2024 | GAWA Capital’s Luca Torre on investing in India, the 'theory of change' and more | Premium
Luca Torre, co-founder and co-CEO, Gawa Capital
European firm GAWA Capital, an impact investor that makes both debt and equity bets, is in the process of raising its new €300-million fund (Rs 2,730 crore) to invest in India and Lati... |
| 01.06.2024 | Agritech startup YoLa raised $7 M Pre-series A funding | A $7 million pre-Series A funding round has been secured by YoLa Fresh, a Moroccan agritech startup that is creating an open and sustainable fresh food supply network. Leading the round was Al Mada Ventures, with participation from FMO, the... |
| 09.11.2023 | Agritech Waycool in talks to raise $40 million in internal funding round led by Lightrock | Waycool |
| 02.08.2023 | Data snapshot: India farmtech investment ‘relatively strong’ despite a harsh fundraising environment | Data Snapshot is a regular AgFunderNews feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts ab... |
| 07.06.2023 | Data snapshot: Agribusiness Marketplaces & Fintech continue to dominate India’s upstream investments | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new r... |
| 21.12.2022 | Data snapshot: ‘A lot of hope’ for India’s supply chain as funding grows for Midstream Technologies | Data Snapshot is a regular AFN feature analyzing agrifoodtech market investment data provided by our parent company, AgFunder.
Click here for more research from AgFunder and sign up to our newsletters to receive alerts about new research re... |
| 04.07.2022 | WayCool Foods & Products Raises USD40M in Funding Led by 57 Stars | WayCool Foods & Products Private Limited, an Indian food and agri-tech platform, raised USD40m in funding.
The round was led by 57 Stars. The investment is the first transaction for 57 Stars Direct Impact Fund and the second investment ... |
| 23.06.2022 | The Week in Agrifoodtech: WayCool bags $40m, Rohlik raises $231m despite e-grocery woes | Indian farmer-to-business marketplace WayCool landed another round of funding this week, as did Czech e-grocery startup Rohlik. Elsewhere, France’s HappyVore secured nearly $40 million to open a facility for plant-based meat, and cereal gia... |
| 23.06.2022 | 57 Stars leads $40m investment in Indian agritech startup WayCool Foods | Indian agritech startup WayCool Foods and Products Pvt Ltd has raised $40 million in fresh financing led by global investment firm 57 Stars LLC, it announced on Wednesday.
WayCool has raised $25 million in equity and the rest as debt. |
| 22.06.2022 | Agricommerce Company WayCool Foods Raises up to $40 MIllion | - |
| 22.06.2022 | IFC-backed WayCool raises $40 mn from US investor 57 Stars Global | Private equity-backed B2B food and agritech platform WayCool Foods & Products Pvt Ltd has raised $40 million (around Rs 313 crore) from US-based alternative investment firm 57 Stars Global Innovation Fund.
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This is the seco... |
| 22.06.2022 | Food and agritech platform WayCool raises $40 million in funding led by 57 Stars | Food and agritech platform WayCool Foods on June 22 said it has raised an investment of up to $40 million, led by global investment firm 57 Stars LLC, amid a bleak startup funding environment.
The Chennai-based company said the investment m... |
| 22.06.2022 | Waycool raises $40 Mn from 57 Stars Global | B2B food and agritech platform Waycool has raised $40 million from alternative investment firm 57 Stars Global Innovation Fund. This is the second round of funding for the Chennai-based firm in 2022.
The investment is the first transaction ... |
| 20.01.2022 | The Week in Agrifoodtech: Consumer foodtech players Flipdish, Yumi & La Vie raise large rounds | One of this week’s biggest fundings went to Flipdish — a US startup providing software that powers payments, online ordering, and delivery for foodservice enterprises — which netted a massive $100 million in a round led by Chinese tech gian... |
| 19.01.2022 | Data Snapshot: India’s most active funding category last year? Midstream Tech | Data Snapshot is a regular AFN feature in which we analyze agrifoodtech market investment data provided by our parent company, AgFunder. Click here for more research from AgFunder and sign up to our newsletter to receive alerts about new re... |
| 17.01.2022 | Brief: Indian farmer-to-business platform WayCool bags $117m to build agrifoodtech conglomerate | WayCool Foods, a startup which helps farmers sell their produce to enterprise customers online, has raised $117 million in Series D funding.
New and existing investors including LightRock, LightBox, Lightsmith, Redwood Equity Partners, Gawa... |
| 13.01.2022 | WayCool Foods closes $117-million funding round to push deeptech, automation | ETtech(Illustration: Rahul Awasthi/ETtech)
Chennai: Agritech startup WayCool Foods has racked up $117 million in an ongoing Series D funding round that saw the participation of new and existing investors, including LightRock, LightBox, FMO,... |
| 13.01.2022 | WayCool Foods raises $117 mn in Series D from Lightrock, IFS and others | WayCool Foods, India's fastest growing agri-commerce company, has raised $117 million in a Series D round that saw participation from new and existing investors such as LightRock, LightBox, FMO, Lightsmith, World Bank Group’s IFC, Redwood E... |
| 20.12.2021 | European fund Huruma invests $11.6 m in WayCool Foods | The investment will be used to accelerate and leverage deep tech and automation to enhance its efficiency
European impact investing fund, Huruma, managed by GAWA Capital, has invested $11.6 million in agri-commerce company WayCool Foods. Th... |
| 09.12.2021 | The Week in Agrifoodtech: India leads as AgroStar, Ola, WayCool & Samhitha score funding | Online farmer marketplace Agrostar scored $70 million while delivery and transport app Ola bagged $139 million as Indian startups led in the agrifoodtech funding stakes this past week. Elsewhere, the US’s Serve Robotics raised $13 million f... |
| 26.10.2021 | AFN Africa: Investing in knowledge & information to accelerate innovation in African agriculture | This post has been published in partnership with FMO. The author is Maurice Scheepens, a senior investment officer with FMO’s Ventures Program who focuses on developing and implementing its agritech strategy.
There’s a $1 trillion market op... |
| 14.10.2021 | Agritech Startup WayCool Foods Raises $13 Million In Funding | WayCool Foods, a Chennai-based agritech startup, has raised $13 million in the second tranche of a Series D round, making this the second funding round raised by the startup this year.
This funding round would be the largest for the agritec... |
| 14.10.2021 | WayCool Foods gets $13 million as part of largest agritech funding in India | Agencies
Chennai: WayCool Foods and Products Pvt. has raised $13 million in the second tranche of a Series D round, which a source claimed would be the largest for the agritech space in India upon completion.
The round would be closed in a ... |
| 14.10.2021 | Chennai-based Waycool Has Raised USD 13 million In Its Series-D Round | Agritech startup Waycool has kicked off a new round as the company has raised Rs 96 crore or close to $13 million as a part of its Series D round. This is the second fundraise for the Chennai-based company this year.
In April, it had scoope... |
| 12.07.2021 | Ag commodities platform Tridge scores $60m Series C funding | South Korea’s Tridge has raised $60 million in a Series C round led by local private equity firm Forest Partners.
The Seoul-based startup describes itself as the “global sourcing hub of food and agriculture.” Its online platform connects su... |
| 02.04.2021 | Waycool Raises $20 Million in a Fresh Funding Round | Chennai: Agritech startup Waycool has raised Rs 145 crore or close to $20 million in a fresh round from existing backers Lightstone, Lightbox Ventures, and Netherland-based FMO Development Bank.
Waycool has approved the allotment of 84,407 ... |
| 10.12.2020 | Agritech startup WayCool raises $7.8 mn in debt financing round | Debangana Ghosh 10 Dec, 2020
WayCool Foods and Products, which offers a B2B omnichannel agri supply chain platform, on Thursday said that it has raised $7.8 million in debt from non-banking financial company (NBFC) Samunnati, RBL Bank and I... |
| 10.12.2020 | WayCool Foods Raises USD 7.8 Mn | WayCool Foods, India’s largest agri supply chain startup, has raised USD 7.8 Mn in debt from Samunnati, RBL Bank, and InnoVen Capital.
This follows the earlier debt financing round of USD 5.5 Mn which was guaranteed by United States Interna... |
| 10.12.2020 | [Funding alert] WayCool Foods raises $7.8M through debt financing | Agri supply chain startup WayCool Foods has raised $7.8 million in debt from Samunnati, RBL Bank, and InnoVen Capital. The funds will be used to meet working capital needs and to boost automation in the existing distribution centres and war... |
| 24.08.2020 | India based agritech startup WayCool Foods receives a US$ 114K grant | - |
| 21.08.2020 | Chennai-Based WayCool Receives Grant Worth $114K From Dutch Development Bank FMO | August 21, 2020 4 min read
You're reading Entrepreneur India, an international franchise of Entrepreneur Media.
Chennai-based WayCool Foods, an agritech startup on Thursday received a grant of $114,000 from Dutch entrepreneurial bank FMO fo... |
| 21.08.2020 | WayCool secures $114,000 from FMO to help Indian farmers social distance | Supriya Roy 21 Aug, 2020
WayCool Foods & Products, a startup that operates a technology-enabled supply chain for food and agricultural produce, on Thursday said that it has secured a grant of $114,000 from Dutch entrepreneurial developm... |
| 20.08.2020 | WayCool Foods receives USD 114K grant from Dutch Development Bank | Chennai: Agritech startup WayCool Foods has received a grant of $114K from Dutch Development Bank FMO.
The capital would be utilized for the procurement and distribution of dual-purpose PPE kits and enablement of on-site Soil testing to far... |
| 20.08.2020 | Agritech startup WayCool Foods receives $114K grant from Dutch development bank FMO | Chennai-based WayCool Foods, an agritech startup, has received a grant of $114,000 from the Dutch entrepreneurial development bank FMO. The grant will be used for procurement and distribution of dual-purpose PPE kits and enablement of on-si... |
| 11.06.2020 | Agritech startup WayCool raises $5.5 mn in debt funding from IndusInd Bank | Shashank Didmishe 11 Jun, 2020
Chennai headquartered WayCool Foods and Products, which runs a business-to-business (B2B) omnichannel fresh produce distributor platform WayCool, has raised $5.5 million in debt financing from IndusInd Bank.
G... |
| 10.06.2020 | WayCool Foods receives $5.5 million debt financing from IndusInd Bank | Agritech startups have received more than $248 million in funding as of June 2019, a growth of 300% as compared to the previous year. WayCool Foods receives $5.5 million debt financing from IndusInd Bank 1 min read . Updated: 10 Jun 2020, 0... |
| 10.06.2020 | WayCool Foods receive USD 5.5 million debt financing from IndusInd Bank | Chennai, June 10 () WayCool Foods, an agriculture and technology firm engaged in food development and distribution on Wednesday said it has received USD 5.5 million debt financing from IndusInd Bank. U S International Development Finance Co... |
| 10.06.2020 | [Funding alert] Agritech startup WayCool Foods raises $5.5M from IndusInd Bank | Chennai-based agritech startup WayCool Foods on Wednesday said it has raised $5.5 million from IndusInd Bank through debt financing as part of its Series C round. The transaction was guaranteed by Development Finance Corporation (DFC) — Ame... |
| 08.05.2020 | Q&A: How is Covid-19 impacting fresh produce businesses globally? | Editor’s note: Tanmay Bhargava is head of Asia Pacific at Intello Labs. Based in Gurugram, India, Intello Labs uses machine learning tech to grade the quality of agricultural produce. Intello Labs is a member of the first cohort of GROW, Ag... |
| 17.03.2020 | How Indian agritech can help address climate risks | Editor’s note: Hemendra Mathur is an investor, mentor and board member of many Indian agritech, food, and foodtech startups and overseas. He works as venture partner with Bharat Innovation Fund. He is also co-founder of ThinkAg, a platform ... |
| 07.02.2020 | Lightbox leads $32 mn Series C round in agri-tech startup Waycool | Shashank Didmishe 7 Feb, 2020
Chennai-headquartered WayCool Foods & Products, a business-to-business (B2B) omnichannel fresh produce distributor, has raised $32 million in a Series C round led by venture capital firm Lightbox Ventures.
... |
| 07.02.2020 | LightBox leads $32 Mn funding round in WayCool | Agritech startup WayCool Foods has secured $32 million in an equity and debt funding round led by LightBox Ventures. Dutch development bank FMO and existing investor LGT Lightstone Aspada also participated in the round.
The Series C round h... |
| 07.02.2020 | Lightbox leads USD 32 mn investment in WayCool Foods | New Delhi, Feb 7 () Chennai-based WayCool Foods has raised USD 32 million (about Rs 228 crore) in a combination of equity and debt, led by Lightbox.
The series C round also saw participation of Dutch entrepreneurial development bank FMO and... |
| 07.02.2020 | Lightbox leads $32 mn funding in fresh-produce distributor Waycool | Fresh-produce distributor Waycool Foods & Products Pvt. Ltd has raised Rs 227 crore ($32 million) in a combination of equity and debt funding led by venture capital firm Lightbox.
Early backers FMO and LGT Lightstone Aspada also investe... |
| 07.02.2020 | [Funding alert] Lightbox leads $32M investment in agritech startup WayCool Foods | Chennai-based WayCool Foods, an agritech startup working to improve food supply chain and farmer livelihood, has raised $32 million in a combination of equity and debt in its Series C round. The round was led by Lightbox and saw participati... |
| 07.02.2020 | Lightbox leads $32m funding in Indian agtech startup WayCool Foods | Premium
Chennai-based agtech startup WayCool Foods Pvt Ltd Thursday announced that it has raised $32 million in a combination of equity and debt funding led by venture capital firm Lightbox.
Continue reading this story with a subscription t... |
| 16.01.2019 | WayCool Foods raises ₹120 crore in equity, debt funding | WayCool Foods founders Sanjay Dasari (left) and Karthik Jayaraman (right), with their team. WayCool Foods raises ₹120 crore in equity, debt funding 1 min read . Updated: 16 Jan 2019, 08:10 AM IST M. Sriram
WayCool Foods aims to use the fund... |
| 15.01.2019 | Agri-tech startup WayCool raises Rs 120 cr | Agri-tech start-up WayCool on Tuesday said it has raised Rs 120 crore from LGT Impact, prominent angel investors and institutional lenders, including Northern Arc Capital and Caspian. The amount has been raised in combination of equity and ... |
| 14.11.2017 | Indian Agribusiness Marketplace Startups are Having a Moment, But Will it Last? | An Indian startup trend that experts have foretold for a while is coming to fruition in a big way.
As India grows its horticultural capacity in reaction to the government’s National Horticulture Mission, which launched in 2005 to enable the... |
| 04.04.2017 | Fresh produce distribution startup Waycool gets $2.7 mn from Aspada | Chennai-based Waycool Foods and Products Pvt. Ltd, which operates omni-channel fresh produce distribution platform Waycool.in, has raised $2.7 million (Rs 17.5 crore) from impact investor Aspada Investment Company.
Waycool, which operates p... |
| - | WayCool Secures $5.5 Mn Debt To Meet Demand From Kiranas, Delivery Startups | Chennai-based agritech startup WayCool Foods and Products has secured $5.5 Mn in debt financing. Cofounder and CEO Karthik Jayaraman told Inc42 that the debt has been 100% guaranteed by US International Development Finance Corporation (DFC)... |
| - | Agri Supply Chain Startup WayCool Raises $7.8 Mn In Debt | Chennai-based agritech startup WayCool Foods and Products has raised $7.8 Mn in debt funding from Samunnati, RBL Bank and InnoVen Capital. The company will use this funding to meet its working capital needs and to boost automation in the ex... |
| - | WayCool | “WayCool (WayCool Foods) is India's leading food and agri tech company Supplying 2000+ tons of food to a network of 179K+ retailers every day.” |
| - | Exclusive: LightSmith To Enter India With Investment In Lightbox Backed WayCool’s $100 Mn Round | Chennai-based agritech startup Waycool Foods is in talks to close its Series D round worth $100 Mn in the coming weeks. The funding round will see the first ever investment by New York-based PE firm The Lightsmith Group in the country.
Sour... |
| - | Funding Galore: Indian Startup Fundings Of The Week [3 April – 8 April] | One of Snapdeal’s crucial investors, Softbank revoked a debt financing offer, as part of a supposed $150 Mn-$200 Mn funding round. Co-investors Kalaari and Nexus have questioned Softbank’s intentions regarding Snapdeal – as Softbank withdre... |
| - | Tamil Nadu Govt Plans A $77 Mn VC Fund In Bid To Build The Next Top Tier Startup Hub | “She is a quaint city with quirky street names…She offers global cuisines on roadside carts, Piping hot idlies at the stroke of midnight… Is it denims,dry fruits or spices you want? Books, electronic or musical instruments? Name it and she ... |
| - | WayCool announces ESOPs worth ₹250 crore | WayCool Foods employees can now have a slice of the pie in the largest and the fastest-growing agri-commerce company. The Chennai-based firm has announced its first employee stock ownership plan (ESOP) worth ₹250 crore for all 1,500 employe... |
| - | [Funding alert] Agritech startup WayCool raises $25M in equity led by 57 Stars LLC | Chennai-based agritech startup Waycool on Wednesday said it raised $25 million through equity with investments led by 57 Stars LLC, a Singapore-based independent global alternative investment firm targeting high-growth sectors driven by t... |
| - | Agri Startup Utkal Tubers Raises $4.6 Mn Funding From CapAleph Indian Millennium SME Fund and Zephyr Peacock | Agri startup Utkal Tubers has raised $4.6 Mn (INR 30 Cr) from CapAleph Indian Millennium SME Fund and Zephyr Peacock India Fund. The early-stage startup, a potato seeds company, completed a year of operation in March 2017, producing 1,000 t... |
