57 Stars LLC has made a USD 40 million investment in WayCool Foods & Products, marking the first transaction from the Direct Impact Fund, highlighting their commitment to sustainability and innovation in India’s agri-tech sector.

Target Information

WayCool Foods & Products Private Limited, commonly known as WayCool, is one of India’s foremost food and agri-tech platforms, dedicated to transforming the nation’s food economy. Based in Chennai, WayCool focuses on improving food supply chain efficiency through innovative technology, which not only enhances food safety but also significantly reduces operational inefficiencies.

As one of the fastest-growing companies in the sector, WayCool collaborates with over 150,000 farmers, offering a comprehensive suite of products, including fresh produce, staples, and dairy. The company's mission is to provide high-quality food products to consumers while making a sustained positive impact on all stakeholders involved in the agri-food value chain.

Industry Overview

The Indian agricultural industry is characterized by its fragmented nature, where farmers often find themselves disconnected from end markets by numerous intermediaries. This complicates the supply chain and c