Startup Atlas · Agritech

WayCool Foods

WayCool Foods & Products Pvt Ltd Chennai, Tamil Nadu Founded 2015 waycool.in ↗
Karthik Jayaraman · Co-Founder & CEO Sanjay Dasari · Co-Founder
$275.99 MnTotal funding (tracked)
11Funding rounds
13 Mar 2026Last round

WayCool Foods: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Soil-to-sale integrated supply chain

Direct engagement with farmers to improve farm income while driving supply-chain efficiency.

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Reduces food waste and improves farmer price realization

Optimized value chains cut post-harvest waste and pass better prices back to smallholder farmers.

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Customer Segments

Enterprise / B2B clients across Southern India8,000 enterprise clients

Retailers, food service and enterprise buyers sourcing fresh produce, staples and dairy.

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General trade, modern trade & food-services clients165,000+ clients

Broader retail and food-service client base served across product categories.

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Customer Relationships

"Magic Points" dedicated retailer transformation program500 stores piloted, scaling to 2,000+ by March 2022

WayCool converts neighborhood kirana stores into tech-enabled "Magic Points" retail partners, bundling its branded products, AI-driven recommendation/demand-forecasting tools and credit/fintech solutions into one ongoing relationship rather than a one-off sale.

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AI-powered "Outgrow" app for ongoing farmer advisory20-40% farmer income increase; 85,000+ farmers, targeting 5M

A multilingual app (Tamil, Kannada, Telugu, Hindi, Marathi, English) gives farmers mandi prices, automated soil testing and crop-health guidance, making WayCool an ongoing advisory partner to its farmer base rather than just a produce buyer.

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Self-service B2B ordering app for existing clients

A dedicated "WayCool" Android app lets existing enterprise and food-service clients place repeat orders for fruits and vegetables online to meet their day-to-day sourcing needs, rather than relying on manual/offline reordering.

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Channels

Multi-channel distribution: local shops, modern retail & HORECA

Sells through small local shops, modern retail outlets, and hotels/restaurants/catering.

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Owned consumer brandsMadhuram, Dezi Fresh, L'exotique, Kitchenji, Freshey's

Distributes its own packaged/ready-to-cook brands alongside traded goods.

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Key Activities

Sourcing, processing & distribution of fresh produce, dairy and staples250+ tonnes/day

Core operating activity moving hundreds of tonnes of food daily to enterprise clients.

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Key Resources

200,000+ farmer network via the 'Outgrow' program200,000+ farmers

Farmer engagement program that underpins sourcing at scale.

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Automated distribution centres and warehouses

Investment in digital and mechanical automation across distribution units to cut errors and improve efficiency.

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Key Partnerships

Bolt-on food-supply-chain acquisitions

Strategic acquisitions/stakes (Aalgro Foods, Benani Foods/Freshey's, Farm Taaza, SV Agri) that build out a full-stack food supply chain.

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Venture debt & working-capital lenders

Samunnati and InnoVen Capital described by the CEO as long-term growth partners; also raised from RBL Bank and Grand Anicut.

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Revenue Streams

Sale of goods (traded + owned-brand products)98% of operating revenue

The dominant revenue driver; formed 98% of total operating revenue in FY23.

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Owned-brand (finished goods) sales vs. traded goodsFinished goods = 10% of sale of goods

Only a minority of sale-of-goods revenue comes from WayCool's own brands; the rest is traded goods.

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Commissions and cold-storage management income

Secondary revenue drivers alongside product sales.

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Cost Structure

Cost of materials / procurement61.51% of total expenditure (FY23)

Largest single cost line given WayCool's inventory-led model.

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Employee benefits, transportation, doubtful-debt & advertising costs

Combined overheads that pushed total costs up sharply in FY23.

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FAQs on WayCool Foods

What is WayCool Foods's business model?

WayCool Foods's core value proposition centers on Soil-to-sale integrated supply chain, Reduces food waste and improves farmer price realization.

How does WayCool Foods make money?

WayCool Foods's cited revenue streams include Sale of goods (traded + owned-brand products), Owned-brand (finished goods) sales vs. traded goods, Commissions and cold-storage management income.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.prnewswire.com · Last verified 7 Sep 2026. · Report a correction