![]() We welcome Stride Ventures to the Wa圜ool family joining us in our journey to build one of the leading food and agritech platforms,” said Wa圜ool Chief Financial Officer Chinna Pardhasardhi. “We at Wa圜ool have been taking several tech-driven initiatives to innovate and bolster the Indian food economy. Read more: Gap Coming to India Through Reliance Retail Partnership The startup is striving to be the world's largest food development and distribution services company and positively impact the lives of 500,000 farmers, per reports. ![]() īased in Chennai, India and co-founded in 2015 by Sanjay Dasari, Karthik Jayaraman, Vignesh Kumar Manogaran, and Sendhil Kumar Natarajan, Wa圜ool Foods aims to drive social impact while transforming India's food economy. The company is supported by best-in-class investors and a remarkable team who are building the future of the Indian food economy,” said Apoorva Sharma, partner, Stride Ventures, according to VC Circle. “Wa圜ool aims to build the world's largest food development and distribution services company and positively impact the lives of 150,000 farmers. See also: The Token Economy: Can Micropayments Be More than Microsuccessful? Wa圜ool also closed a $117 million Series D funding round in January from LightRock, LightBox, FMO, Lightsmith, World Bank Group’s private investment arm International Finance Corp (IFC), Redwood Equity and Gawa Capital, VC Circle reported. ![]() The fresh capital adds to the $40 million Wa圜ool Foods raised last month from 57 Stars Global Innovation Fund. The funding was led by Stride Ventures, which has been expanding its portfolio of new-age Indian startups across different sectors. Business-to-business (B2B) agri-commerce company Wa圜ool Foods raised the equivalent of $6.5 million in debt funding to make technology-related expansions, according to multiple news reports.
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