Waycool’s Financials, Revenue, Profit, Valuation & Shareholding Overview (2025)
Legal Name: Waycool Foods And Products Private Limited | CIN: U52399TN2015PTC101215
Founded by Karthik Jayaraman and Sanjay Dasari in 2015, WayCool is one of India’s fastest-growing agri-commerce companies, focused on transforming the food supply chain from farm to fork. The company leverages technology to improve supply chain efficiency, reduce wastage, and deliver fresh produce, staples, and dairy products to retailers and food service providers across India. By building strong relationships with farmers and implementing advanced cold chain and logistics infrastructure, WayCool ensures high quality and minimal spoilage. Its innovative business model, strong execution, and large distribution network have positioned it as a key player in India's agri-commerce ecosystem, with a vision to revolutionize food distribution sustainably.
| Founded | 2015 |
|---|---|
| Headquarters | Chennai, India |
| Valuation | ~$850 million (2022 est.) |
| Annual Revenue (FY24 est.) | ₹1,700 Cr |
| Net Loss (FY24 est.) | ₹140 Cr |
| Employees | ~3,000 |
| Round | Year | Amount | Lead Investors |
|---|---|---|---|
| Series C | 2020 | $32 million | Lightbox Ventures, FMO |
| Series D | 2022 | $117 million | Lightrock, Lightbox, others |
WayCool’s revenue has grown rapidly from ₹926 Cr in FY22 to an estimated ₹1,700 Cr in FY24, driven by its expanding supply chain network and value-added product lines.
EBITDA margins have improved slightly, from -17% in FY22 to an estimated -12% in FY24, reflecting improved scale and better cost efficiencies across operations.
WayCool’s workforce has increased from about 2,200 in FY22 to 3,000 in FY24, supporting its growth in logistics, procurement, and distribution channels.
WayCool aims to deepen farm-level integration, expand into more value-added products, and strengthen its cold chain capabilities. An IPO is on the horizon as profitability metrics improve.
WayCool recently announced strategic partnerships to expand distribution and further its mission of building a robust and tech-driven agri-supply chain ecosystem in India.
| Metric | Detail |
|---|---|
| Revenue FY24 | ₹1,700 Cr (+42% YoY) – Strong expansion in supply chain and value-added categories. |
| Net Loss FY24 | ₹140 Cr – Losses narrowing as operational efficiencies improve. |
| EBITDA Margin | -12% – Moving towards profitability with scale. |
| Valuation | $850 million – Backed by large investors and solid market positioning. |
| Employee Count | 3,000 – Growing team to support logistics and operational expansion. |
WayCool’s integrated supply chain strategy and rapid revenue growth position it as a leading agri-commerce player in India. Continued focus on efficiency and value-added products will be key to its path towards profitability and potential public listing. Make smarter business decisions with verified insights on companies and directors. Visit Affluense.ai to learn more.
Entrackr, Economic Times, Business Standard, WayCool press releases.
Disclaimer: The information presented in this report is intended for general informational purposes only and does not constitute investment advice. All financial data is based on public sources and estimates where necessary.