Food distributor WayCool plans to push more products via same channel

WayCool claims to be operationally profitable, and hopes to be EBITDA-positive by June/July

Ranju Sarkar 

Manikanttan is a marginal farmer at a village in Hosur district of Tamil Nadu. Earlier, he would sow a single vegetable — tomato or ladies finger — based on what rest of the village is sowing.

These days he divides his two-acre farm into four quarters — one each for tomato, ladies finger and gourd, while leaving a portion empty. He now has somewhat even income throughout the year. This is made possible by a master planning and scheduling system and a procurement app used by Chennai-based start-up WayCool, which recently raised Rs 120 crore in a bridge round led by ...

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First Published: Sun, March 03 2019. 20:30 IST