About WayCool
WayCool is a Retail company based in Chennai (India) founded in 2015 by Vignesh Kumar Manogaran and Sendhil Kumar Natarajan. Provider of food supply chain management and farming solutions. It operates in the Retail and Agriculture sectors. WayCool has raised $388.23 million across 29 funding rounds from investors including RBL Bank, Northern Arc Capital and IndusInd Bank. The company has 539 employees. WayCool has completed 3 acquisitions, including Aalgro, Allfresh Supply Chain Management and BENANI FOODS. WayCool was last valued at $753.08 million in June 2024. Its Indian entity Waycool Foods And Products Private Limited reported revenue of ₹1,111 Cr. Its focus areas include B2B E-Commerce, Food & Beverages, Groceries and Farm Products. Its competitors include Ninjacart, FarMart and Poshn; 3 of its 3 listed competitors have raised funding.
Company details
WayCool was founded in 2015 and is headquartered in Chennai, India. Operations focus on the agriculture and food distribution sector, where farmers are connected to retailers through integrated platforms. AI-based demand forecasting, inventory management, and climate adaptation programs are utilized to support supply chain efficiency. Staples, fruits, vegetables, and dairy products are distributed, alongside farming solutions, logistics, private label packaging, and related services.
- Headquarters Chennai, India
- Employees 539
- Founders Vignesh Kumar Manogaran, Sendhil Kumar Natarajan
- Stage Minicorn
- SectorsRetailAgriculture
- Email••••••••
- Phone•••• ••••
- Website waycool.in
- Social LinkedIn X Facebook
- Legal Name Waycool Foods And Products Private Limited
- Date of Incorporation 01 Jul, 2015
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1,111 Cr
FY 2023 · +62% YoY
- Net Loss-₹2,592 Cr
FY 2023 · -205% margin
- EBITDA-₹2,519 Cr
FY 2023 · -200% margin
- Total Equity Funding$388.23M (USD)
in 29 rounds
- Latest Funding Round$22.7M (USD), Series E
Mar 2026
- InvestorsRBL Bank
& 84 more
- Employee Count539
- Investments & AcquisitionsAalgro
& 2 more
Associated legal entities of WayCool
WayCool operates through Waycool Foods And Products Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Waycool Foods And Products Private Limited CIN U52399TN2015PTC101215 | Active | 01 Jul 2015 | Chennai, Tamil Nadu | ₹1,111 Cr | 539 | 7 | View details |
Funding Insights of WayCool
WayCool has successfully raised a total of $388.23M across 29 strategic funding rounds. The most recent funding activity was a Series E round of $22.7 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $388.23M
- Total Rounds 29
- Last Round Series E — $22.7M
- First Round $1.12M
(Mar 2016)
- Investors Count 85
Latest 10 of 29 funding rounds of WayCool with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $22.7M | Series E | – | Lightrock | – |
| Jan 2025 | $4.45M | Series D | – | Trifecta Capital | |
| Oct 2024 | $13.13M | Debt – Conventional | – | – | |
| Jun 2024 | $1.89M | Series D | $753.08M | Pivot Investment Partners | |
| Dec 2023 | $8.08M | Series D | $757.63M | Agami Ventures, Lightbox | |
| Mar 2023 | $41.55M | Series D | $••••• | Lightrock India | |
| Aug 2022 | $12M | Series D | – | Trifecta Capital | – |
| Aug 2022 | Debt – Venture | – | – | ||
| Jul 2022 | $6.5M | Debt – Conventional | – | – | |
| May 2022 | $26.93M | Series D | – | 57 Stars |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2024 | $753.08M | •••••••• |
| Dec 2023 | $757.63M | •••••••• |
| Mar 2023 | $••••• | •••••••• |
| Mar 2021 | $••••• | •••••••• |
| Sep 2019 | $••••• | •••••••• |
| Jul 2018 | $••••• | •••••••• |
| Mar 2018 | $••••• | •••••••• |
| Mar 2017 | $••••• | •••••••• |
Full valuation and stage history of WayCool
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
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Verified entity values are shown only after access is granted.
Last known valuation $753.08M (Jun 2024). 85 investors in total: 47 institutional and 38 angel.
Investors in WayCool
WayCool has secured backing from 85 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include RBL Bank, Northern Arc Capital and IndusInd Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private debt and equity funds are managed for technology sectors. | trifectacapital.in | Gurugram, India | ||
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture debt is provided to growth-stage companies for business scaling. | strideventures.global | Delhi, India | ||
Investment services in private credit, seed funds, growth equity, and late-stage equity for businesses in India. | 2015 | anicutcapital.com | Chennai, India | |
Investments in seed-stage companies focused on energy, infrastructure, and sustainable technology. | 2015 | agamiventures.in | Mumbai, India | |
Growth-stage technology sectors are targeted for venture capital investments. | lightsmithgp.com | New York, United States | ||
Development financing is provided for entrepreneurial ventures in emerging markets. | 1970 | fmo.nl | The Hague, Netherlands | |
Private equity firm | 57stars.com | Washington, Dc, United States | ||
Venture capital investments are directed toward India's consumption market businesses. | lightbox.vc | Mumbai, India | ||
Private equity firm focused on healthcare, renewable energy, education, and other sectors | 2019 | lr-india.com | Bengaluru, India |
Investor details for WayCool
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Waycool Foods And Products Private Limited (WayCool)
Waycool Foods And Products Private Limited is the primary company behind WayCool. The board of Waycool Foods And Products Private Limited currently have 7 directors; the longest-serving is Karthik Jayaraman, appointed in 2016. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Karthik Jayaraman DIN 07229751 | Managing Director | 02 Apr 2016 | 10 yrs 6 mo | Waycool Foods And Products Private Limited |
| Vinod Kumar Dasari DIN 00345657 | Director | 14 Mar 2017 | 9 yrs 7 mo | Waycool Foods And Products Private Limited |
| Vaidhehi Ravindran DIN 08163327 | Director | 13 Apr 2019 | 7 yrs 6 mo | Waycool Foods And Products Private Limited |
| Kartik Srivatsa DIN 03559152 | Director | 13 Apr 2019 | 7 yrs 6 mo | Waycool Foods And Products Private Limited |
| Sanjay Joseph Wagle DIN 09463828 | Nominee Director | 13 Jan 2022 | 4 yrs 9 mo | Waycool Foods And Products Private Limited |
| Sandeep Murthy DIN 00591165 | Additional Director | 07 Oct 2024 | 2 yrs | Waycool Foods And Products Private Limited |
| Parthasarathi Venkatesh DIN 07975378 | Nominee Director | 18 Aug 2025 | 1 yr 2 mo | Waycool Foods And Products Private Limited |
People of WayCool
33 people are tracked at WayCool (16 in leadership, 17 in team); the tracked headcount is 539.
| Name | Role | Group |
|---|---|---|
Vignesh Kumar Manogaran | Co-Founder | Leadership |
Sendhil Kumar Natarajan | Co-Founder | Leadership |
Kalyan Achyutuni | Chief Technology Officer | Leadership |
| President and Co-Founder | Leadership | |
Jude Pereira | Head - Robotics And Advanced Automation | Leadership |
Rohit Vaishnav | Head Of Sales | Leadership |
Srisurya Kiran Kasturi | Head Of Engineering | Leadership |
Naveen Kumar | Domestic Procurement Head | Leadership |
Sabapathy Rathinavel | Business Head | Leadership |
Raghav Pandey | National Operation Head Wet | Leadership |
Vijaya Shree Sukumar | Head QA - International Business | Leadership |
Ashif Banu Abdul Razaak | Divisional Head | Leadership |
Gopalakrishnan G | Head Of Department | Leadership |
Sendhil Kumar N | Head - Outgrow & Farmer Engagement, Waycool Foods | Leadership |
Cv Prabhu | Head - Sales & Distribution | Leadership |
Athaulla Khan | Director Customer Success | Leadership |
Rahul Rengasamy | Lead, Strategic Projects | Team |
Sriram Sridharan | Unknown Role | Team |
Rakesh Babu A | Sr. Sales Manager | Team |
Krithika Lakshmanan | Brand Manager | Team |
13 more people are available in the full profile.
Complete people profiles for WayCool
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of WayCool
Figures of Waycool Foods And Products Private Limited, the primary company behind WayCool, for FY 2023. Revenue was ₹1,111 Cr (+62% year on year). Net loss was -₹2,592 Cr (-205% margin). EBITDA was -₹2,519 Cr (-200% margin). Revenue has grown at a compounded annual rate of +66% over three years and +103% over five years.
- ₹1,111 CrRevenue · FY 2023 · +62% YoY
- -₹2,592 CrNet loss · -205% margin
- -₹2,519 CrEBITDA · -200% margin
- ₹1.14 CrPaid-up capital
- 539Employees (provident fund records)
- +66%Revenue CAGR, 3 years
- +103%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Waycool Foods And Products Private Limited are on its company page.
Detailed financial statements for WayCool
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by WayCool
WayCool has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aalgro, Allfresh Supply Chain Management and BENANI FOODS.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Fruits' supply chain is managed from harvest to market. | allfreshsupply.com | Delhi, India | 2013 | Nov 2022 | •••• | |
Ready-to-cook food brand | benanifoods.com | Chennai, India | 2013 | Mar 2019 | $234,988 | |
Online platform for fruit trading connects local mandis. | aalgro.com | Bengaluru, India | 2014 | Mar 2019 | •••• |
Complete acquisition details for WayCool
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of WayCool
7 dated milestones of WayCool across 11 years, from founding to its latest funding, stage changes and deals.
- Founded WayCool is founded.
- Funding First funding round of $1.1M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Aalgro.
- Acquisition Acquires BENANI FOODS.
- Acquisition Acquires Allfresh Supply Chain Management.
- Funding Latest funding round, Series E, of $22.7M.
Competitors of WayCool
WayCool has 3 listed competitors in our database, 3 of them funded. They include Ninjacart, FarMart and Poshn.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ninjacart.com | 2015 | Bengaluru, India | $507.77M | 1,103 | B2B platform offering vegetables and fruits | |
| farmart.co | 2015 | Gurugram, India | $51.11M | 296 | SaaS-based B2B solutions for food supply chains are provided. | |
| poshn.co | 2020 | India | $7.96M | 75 | Provider of suite of services for businesses |
Detailed competitors of WayCool
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of WayCool
The website of WayCool (waycool.in) receives about 2.5K visits a month.
- Monthly visits2.5K
▼ 19.8% vs previous month
Websites whose visitors overlap most with WayCool. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| the-captable.com | 100% | #240,666 | View details | ||
| yourstory.com | 35% | 1.5M | #54,410 | View details |
Top companies in Food & Grocery Retail
3 companies that operate in the same segment as WayCool (Food & Grocery Retail) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.62 B | USD 2.46 B | 4,488 | |
Personal and household products are delivered via an e-commerce platform. | 2011 | Bengaluru, Karnataka, India | USD 943.07 M | USD 1.17 B | 22,095 | |
Instant delivery of groceries and essentials is facilitated online. | 2013 | Gurugram, Haryana, India | USD 757.52 M | 11,913 |
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Related news about Waycool
Complete news archive for WayCool
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Frequently Asked Questions about WayCool
WayCool was founded in 2015 and raised its 1st funding round 1 year after it was founded.
WayCool is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
WayCool is a funded company, having raised a total of $388.23M across 29 funding rounds to date. The company's 1st funding round was a Series D of $26.93M, raised on Mar 2016.
WayCool has 539 employees.
The primary company behind WayCool, Waycool Foods And Products Private Limited, reported revenue of ₹1,111 Cr for FY 2023, up 62% year on year.
WayCool was founded in 2015 and is headquartered in Chennai, India. Operations focus on the agriculture and food distribution sector, where farmers are connected to retailers through integrated platforms. AI-based demand forecasting, inventory management, and climate adaptation programs are utilized to support supply chain efficiency. Staples, fruits, vegetables, and dairy products are distributed, alongside farming solutions, logistics, private label packaging, and related services.
WayCool has made 3 acquisitions, including Aalgro, Allfresh Supply Chain Management, and BENANI FOODS.
WayCool has 85 investors. Key investors include RBL Bank, Northern Arc Capital, IndusInd Bank, Samunnati, and International Finance Corporation.
The valuation of WayCool is $753.08M as of Jun 2024.
WayCool operates through Waycool Foods And Products Private Limited.
The legal entities of WayCool currently have 7 directors, including Vinod Kumar Dasari, Karthik Jayaraman, Sanjay Joseph Wagle and others.