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WayCool Foods receives USD 114K grant from Dutch Development Bank

Chennai: Agritech startup WayCool Foods has received a grant of $114K from Dutch Development Bank FMO.

The capital would be utilized for the procurement and distribution of dual-purpose PPE kits and enablement of on-site Soil testing to farmers during Covid-19.

Founded in 2015 by Karthik Jayaraman and Sanjay Dasari, WayCool is a business-to-business startup that connects farmers and food producers with restaurants, hotels, among others.

Previously, it had secured $32 million in an equity and debt funding round led by Lightbox Ventures in February 2020

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