Cofounder of agritech startup WayCool Sanjay Dasari has resigned after almost a decade with the company.
WayCool specialises in Agricultural supply chains and branded farm and food products.
In a statement posted on LinkedIn, the entrepreneur said: “After 9.5 incredible years building WayCool, it’s time for me to take the final step in the founder’s journey—an exit.”
WayCool Cofounder Parts Ways With Company
Explaining the new nature of his association with the company, he said: “I’ll still be involved with WayCool in an advisory role, supporting strategic projects and fundraising efforts, but I’m stepping back from the day-to-day (sic) of the company I founded and the only job I’ve ever known.”
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About his plans for the future, the co founder wrote: “I’m open to options and going where my curiosity takes me, weighing opportunities between operating and investing while doubling down on angel bets, mentorship and speaking.”
WayCool’s Fascinating Journey
The company originally started as a supply chain business for agricultural products before expanding into the packaged consumer goods sector.
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On July 26, ET reported that the Chennai-based firm had laid off over 200 employees in its third round of job cuts within the year, as part of its strategy to reach profitability. Additionally, the company confirmed the exit of B.P. Ravindran, who had been leading its FMCG subsidiary, BrandsNext, which includes brands like Madhuram, Kitchenji, and Freshey’s.
