WayCool raises 120 Crore

Forums AgriTech News(Agri) WayCool raises 120 Crore

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      #News(AgriTech) [ via IoTForIndiaGroup ]

      Chennai based fresh produce distribution startup WayCool has raised Rs 120 crore through equity and debt in a funding round. Karthik Jayaraman, cofounder of WayCool, said about 75% of the capital raised was through sale of equity, while the rest was debt.

      The investment is part of an ongoing Rs 200-220 crore Series-B round that WayCool plans to use to expand its footprint. The funding round also saw participation from angel investors and institutional lenders such as Northern Arc Capit ..

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