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A consortium of investors led a $117m Series D round in WayCool Foods & Products.

Financials

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Transaction Value£85m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Acquisition

Farming Fishing Ranching and Plantations

dairy products

India

Venture Capital

Private Equity

Completed

Cross Border

Minority

Friendly

Single Bidder

Synopsis

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A consortium of investors led a $117m Series D round in WayCool Foods & Products, an agri-tech company. Investors included LightRock, LightBox, FMO, Lightsmith, IFC, Redwood Equity Partners and Gawa Capital. "We will also deploy the funds to deepen our footprint in our target geographies, adding up to 50 more distribution points over the next 18 months. Finally, we will be investing to create a keiretsu of businesses, who bring complementary capabilities and are aligned to our purpose,” Karthik Jayaraman, WayCool Foods & Products CEO and Co-Founder.

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