WayCool's asset
WayCool

@waycool.in

WayCool (WayCool Foods) is India's leading food and agri tech company Supplying 2,000+ tons of food to a network of 169,000+ retailers every day

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WayCool Foods & Products Pvt Ltd, commonly known as WayCool, is a Chennai-based food processing and distribution company operating in India. Founded in 2015 by Karthik Jayaraman and Sanjay Dasari, WayCool started as a B2B agritech company aiming to revolutionize the logistics and distribution of food products in the country. Headquartered in Chennai, Tamil Nadu, WayCool operates through a vast network of distribution centers and hubs strategically located across multiple Indian cities.


These centers are equipped with advanced technology and infrastructure to handle various food products and ensure their efficient storage and delivery. WayCool specializes in the distribution of perishable goods, procuring directly from farmers and aggregating them for various clients, including restaurants, hotels, and retail stores. The company offers a wide range of products, including fruits, vegetables, staples, dairy, bakery, and other processed foods.


By streamlining the supply chain and eliminating intermediaries, WayCool aims to ensure fresher, higher quality products with minimal wastage. On a global scale, WayCool primarily operates within India, focusing on addressing the gaps in its food supply chain. The company has not expanded internationally at this point.


While WayCool does not have any subsidiaries or joint ventures, it has formed partnerships with multiple stakeholders in the industry. WayCool has collaborated with farmers, providing them with financial support, training, and technology to improve agricultural practices and increase their productivity. The company also works with food processors, retailers, and logistics providers to enhance the overall food supply ecosystem.


In terms of market position, WayCool has emerged as a leading player in India's agritech sector. The company has experienced rapid growth since its inception, demonstrating its potential to transform the food supply chain in the country. WayCool's dedication to quality, sustainability, and innovation has helped it establish a strong reputation in the industry.


It competes with established players such as BigBasket and Grofers, but differentiates itself by focusing on fresh and perishable goods. WayCool has achieved several milestones since its establishment. In 2019, it raised $32 million in a funding round led by Lightbox Ventures and supported by prominent investors such as FMO, LGT Lightstone Aspada, and Caspian.


This funding enabled the company to expand its operations and invest in technology to enhance its customer experience. As of the latest available information, as of 2021, WayCool continues to grow and expand its operations. The company is implementing innovative solutions to address the challenges faced by the agricultural supply chain in India.


It remains committed to its mission of reducing food waste, promoting sustainability, and providing quality products to its customers

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