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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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