WayCool Foods raises $117 million
The Hindu
City-based WayCool Foods has raised $117 million from new and existing investors to expand its business and to invest in complementary business to create ‘keiretsu’.The agri-commerce company has raise
City-based WayCool Foods has raised $117 million from new and existing investors to expand its business and to invest in complementary business to create ‘keiretsu’.
The agri-commerce company has raised funds from LightRock, LightBox, FMO, Lightsmith, World Bank Group’s- IFC, Redwood Equity Partners and Gawa Capital, it said in a statement.
The deployment of funds, which is a combination of equity and debt, has begun. It will be used to accelerate and leverage deep tech and automation to enhance its efficiency multi-fold.
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