Friday, November 8, 2024

WayCool

Chennai-based agritech startup WayCool has raised INR 100 crore ($11.9 million) in debt funding from Grand Anicut. Details͏͏ of͏͏ the͏͏ Capital͏͏ Infusion: The͏͏ board͏͏ has͏͏ approved͏͏ a͏͏ capital͏͏ infusion͏͏ of͏͏ INR͏͏ 100͏͏ crore͏͏ through͏͏ 1,000͏͏ Series͏͏ B6͏͏ debentures,͏͏...
WayCool, the Chennai-based agritech startup, has reportedly ini͏͏tiated͏ a͏no͏th͏er ro͏und͏ of layoffs, just ͏five͏ months af͏ter s͏acking at͏ lea͏͏st ͏͏70 em͏͏ployees, as it s͏ee͏ks to streamlin͏e͏͏ i͏͏t͏s ͏bu͏sines͏s͏ ͏operat͏͏ions. Ov͏er ͏͏200͏ J͏o͏bs C͏ut in Third Layoff Wave: ͏͏Ac͏͏co͏͏rdi͏ng...

Agritech startup Grow Indigo secures $8 Million in funding to fuel sustainable agriculture innovation

Agritech startup Grow Indigo has recently secured $8 million (INR 67 crore) in a strategic funding round, with contributions from key stakeholders including Indigo...

WayCool keeps supply chain focus as SunnyBee Market joins Fresh2Day

In a significant transaction within the Chennai grocery retail industry, WayCool, valued at INR 2,000 crores, has concluded its retail operations under the SunnyBee...

BrandsNext expands into specialty rice market with KitchenJi, targeting biryani enthusiasts in tier I and II markets

BrandsNext, a venture under WayCool, announced its entry into the specialty rice market through the KitchenJi flagship brand, as revealed in a press release...

Agri-tech firm WayCool sets up FMCG arm ‘BrandsNext’, names BP Ravindran as CEO

WayCool, a food and agri-tech platform, announced on Friday the launch of its new entity, 'BrandsNext,' to boost its FMCG business, according to a...

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