Fundz

Waycool raised $12 million in debt financing led by Grand Anicut to support ongoing business operations.

Oct 01, 2024

Amount Raised

$12 Million

Round Type

Debt Financing

ChennaiFood And BeverageFarming

Investors

Grand Anicut

Description

Waycool, the Chennai-based agriculture supply chain firm, has raised Rs 100 crore (about $12 million) in debt financing from Grand Anicut. This debt round is significant for Waycool as it reflects the firm's need for funding amidst challenges in raising equity capital.

Quick answer

WayCool raised $12 Million in a Debt Financing round, dated October 1, 2024. Investors: Grand Anicut. WayCool is based in Chennai, Tamil Nadu, India.

How much did WayCool raise?
WayCool raised $12 Million in a Debt Financing round on October 1, 2024.
Who invested in WayCool?
Grand Anicut is named as investors in this round.
What does WayCool do?
WayCool Foods is India’s largest and fastest-growing agri-commerce company.
Where is WayCool based and how big is it?
WayCool is based in Chennai, Tamil Nadu, India. Fundz records about 1,114 employees.
Who are the decision-makers at WayCool?
Fundz holds 2 contacts at WayCool. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Food And Beverage and Farming around the same time

Companies in the same sectors as WayCool that raised within 45 days of this round, from Fundz verified event records.

  • The Green Coffee Company raised $15M (Funding Round) on September 10, 2024.
  • Plantible Foods Inc. raised $30M (Series B) on November 15, 2024.
  • High Basin Brands raised $4M (Seed) on November 14, 2024.
  • Circle Seafoods raised $8.6M (Seed) on November 13, 2024.
  • Rebellyous raised $2.5M (Seed) on November 7, 2024.
  • Pratt Standard Cocktail raised $185K (Pre-Seed) on November 4, 2024.

Who to call at WayCool, and when

A new round usually means WayCool is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at WayCool, from your own LinkedIn network

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Company Information

Company

WayCool

Location

Chennai, Tamil Nadu, India

About

WayCool Foods is India’s largest and fastest-growing agri-commerce company. Focusing on food development and distribution, the company leverages innovative technology to scale and operate a complex supply chain from soil to sale. Through its farmer engagement program - Outgrow, WayCool works with 85000+ farmers. WayCool operates a full stack, broadline product range across multiple channels and categories such as fresh produce, staples, and dairy, serving over 1,00,000 clients in the general trade, modern trade, and food services space. WayCool's consumer brands basket consists of Madhuram, KitchenJi, L'exotique, and Freshey’s, to name a few.

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