India’s WayCool Foods and Products lands $16.9 million in new funding

01/15/2019 11:50:00 AM (GMT)

Indian agricultural technology platform WayCool Foods and Products has landed 120 crore rupees ($16.9 million) in new funding.

The round was conducted by LGT Impact with participation from prominent angels, and institutional lenders, including Northern Arc Capital and Caspian.

With the new capital, WayCool Foods will further ramp up its operations across Southern and Western India, boost technology platform as well as reinforcing its supply chain.

Indian investment bank Veda Corporate Advisors acted as financial advisor to WayCool for the round.

WayCool Foods and Products

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