WayCool Foods, a Chennai-based agri-tech startup that processes, distributes, and procures fresh produce, dairy products, and staples, announced that it has raised $5.5 million debt funding from IndusInd Bank. Recently, the company raised $32 million in Series C funding led by Lightbox. The Agri-tech startup plans to use the funds to introduce advanced technology, implement…
Tag: Karthik Jayaraman
Lightbox invests $32 mn in Agritech startup WayCool Foods
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•Chennai-headquartered WayCool Foods has raised $32 mn in a combination of equity and debt in its Series C round, the company said in a statement. The round was led by Lightbox and saw participation of FMO, the Dutch entrepreneurial development bank, as well as its current investor LGT Lightstone Aspada. The company has also partnered…