WayCool

company

About

WayCool is a developer of a tech-enabled supply chain approach that produces staples like rice, dairy, and value added products.

  • 1001 - 5000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$7.80M
Industries
Agriculture,AgTech,Farming,Food and Beverage,Food Processing
Founded date
Jul 1, 2015
Number Of Employee
1001 - 5000
Operating Status
Active

Waycool is an agri-tech company that processes, distributes, and procures fresh produce, dairy products, and staples. The company helps increase farmers’ income, through innovative quality management and food safety technology. It leverages technology and innovation to improve logistics and distribution services. Waycool distributes farm-sourced fruits, vegetables, and other produce to local shops and modern retail outlets. They have a retail presence, currently in Chennai, through the brand SunnyBee, operating retail stores, mobile stores on trucks, and e-commerce. In addition, there are a number of high-quality private label products that SunnyBee produces and brands through partnerships with sister companies. WayCool establishes direct links to farmers and consumers using physical and information technology to link them efficiently.

WayCool was founded by Karthick Jayraman and Sanjay Dasari and is headquartered in Chennai, India.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$63.40M
WayCool has raised a total of $63.40M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2021 Series C $20.60M 1 Detail
Dec 10, 2020 Debt Financing $7.80M 2 Detail
Feb 7, 2020 Series C $35M 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
WayCool is funded by 2 investors. InnoVen Capital and Samunnati are the most recent investors.
Investor Name Lead Investor Funding Round
InnoVen Capital Series C
Samunnati Debt Financing