WayCool Foods & Products Raises USD40M in Funding Led by 57 Stars

▤ Summary

WayCool Foods & Products Private Limited, an Indian food and agri-tech platform, raised USD40m in funding. The investment is the first transaction for 57 Stars Direct Impact Fund and the second investment for 57 Stars Global Innovation Fund 2 (“GIF 2”). WayCool is a food and agri-tech company that focuses on food development and distribution. It leverages innovative technology to scale and operate a complex supply chain from soil to sale. WayCool works with more than 150,000 farmers, and operates a full stack, broadline product range across multiple channels, serving over 100,000 clients.

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