Venture capital firm Lightbox has led a $35 million (about Rs 250 crore) equity and debt funding round in Chennai-based agri-tech supply chain company WayCool Foods, showcasing the growing interest of risk capital investors in the greenfield sector. WayCool Foods works with an estimated 40,000 farmers, predominantly in the southern part of India, sourcing fruits, vegetables, rice, pulses and dairy products, moving about 250 tonnes of produce daily and serving 8,000 institutional clients.
Lightbox leads $35M funding round in Chennai-based WayCool Foods
Date posted: Monday 10 February 2020