Recur Club logo

Company Intelligence Profile

Waycool Foods and Products Private Limited

WayCool Foods and Products Pvt Ltd is India's largest agri-food-tech / agri-commerce company (per its own marketing and multiple press sources), founded 2015 in Chennai.

CIN: U52399TN2015PTC101215ActiveRoC-Chennai (Tamil Nadu)Confidence: medium-high
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed
Registered nameWaycool Foods and Products Private Limited
CINU52399TN2015PTC101215
PANAABCW6671K (Tofler, GST records — confirmed, 2+ sources)
StatusActive
ListingUnlisted (private limited company)
Incorporated01 July 2015
ROCRoC-Chennai (Tamil Nadu)
Sector (NIC)NIC: "Other retail sale in specialized stores" (Tofler, Falconebiz). Industry classification per TheCompanyCheck: Food & Beverage Retail & Distribution / Trade sector. Business model is agri-commerce (farm-to-retail food supply chain), not pure retail — NIC code appears to be a filing-classification artifact rather than a precise business descriptor.
Registered addressNo.927, Regus Olympia Platina, 9th Floor, Plot No. 33-B, South Phase, Guindy Industrial Estate, Guindy, Chennai, Tamil Nadu 600032, India (confirmed — Tofler, Falconebiz, TheCompanyCheck all agree)
Authorized capital₹2,18,50,000 (₹2.185 Cr) per Falconebiz; Tofler/TheCompanyCheck show slightly different rounded figures (₹1.8 Cr / ₹1.75 Cr) — likely different as-of dates. Treat ~₹1.75–2.18 Cr as the range, exact latest figure not fully reconciled across sources.
Paid-up capital₹1,53,50,420 (₹1.535 Cr) per Falconebiz; Tofler/TheCompanyCheck show ₹1.1–1.14 Cr (likely an earlier as-of date). Same reconciliation caveat as authorized capital.

Business Overview

Confirmed
  • WayCool Foods and Products Pvt Ltd is India's largest agri-food-tech / agri-commerce company (per its own marketing and multiple press sources), founded 2015 in Chennai
  • It runs a full-stack farm-to-retail food supply chain: sourcing fresh fruits, vegetables, staples (rice, pulses, spices, dry fruits, wheat flour), dairy and value-added foods from a network of 85,000+ farmers across 50+ regions in India, and distributing to 25,000+ retail/enterprise clients, moving 650+ tonnes of product/day
  • It also owns consumer food brands including Madhuram, KitchenJi, L'exotique, and Freshey's (via subsidiary Benani Foods)
  • Recognised as a DPIIT startup
  • (Sources: company website copy as reflected on TheCompanyCheck, YourStory, nuffoodsspectrum, Business Standard.)

Directors

Partial / conflicting
NameDINRoleAppointed
Karthik Jayaraman (07229751partial single-source, no DIN confirmed.-

GST Registrations

Partial / conflicting
GSTINStatePANStatus
33AABCW6671K1Z0Tamil NaduAABCW6671K (Tofler, GST records — confirmed, 2+ sources)Active
34AABCW6671K1ZYPuducherryAABCW6671K (Tofler, GST records — confirmed, 2+ sources)-

Primary/PAN-linked GSTIN 33AABCW6671K1Z0 (Tamil Nadu, Regular, Active) — confirmed via KnowYourGST, Masters India, Piceapp (2+ sources agree). PAN embedded AABCW6671K matches company PAN. Company holds multi-state GST registrations — sources vary between "8 registrations" (KnowYourGST: TN, AP, Telangana, Karnataka, Maharashtra, Puducherry, MP, Kerala) and at least a separate Puducherry GSTIN 34AABCW6671K1ZY was also surfaced independently — consistent with a pan-India distribution operation. Exact current total registration count not independently reconciled beyond "8," partial confidence on the precise count.

Financials

Partial / conflicting
  • FY2023 (year ended 31-Mar-2023), standalone, per TheCompanyCheck: Operating revenue ₹1,261.82 Cr (+62% YoY)
  • Per Tofler (same FY): Total assets ₹714.3 Cr, equity capital ₹0.3 Cr, reserves reported as ₹-4,387.3 Cr (negative — this figure looks anomalous/out-of-scale relative to revenue and may reflect a Tofler data/units artifact
  • flagged, not fully trusted), short-term borrowings ₹4,643.2 Cr, long-term borrowings ₹64.4 Cr, debt-to-equity 0.21, operating margin -79.33%, net profit margin -76.13% (i.e., large reported net loss for the year)
  • EBITDA and exact PAT figures were paywalled ("GET PRO") on Tofler and not obtained from other free sources
  • Overall: revenue growing fast but company was loss-making as of FY23 per available data — treat exact loss quantum as unconfirmed/partial

Funding

Partial / conflicting
  • WayCool has raised substantial VC funding across many rounds
  • Series D: $117M raised (reported Jan 2022) from Lightrock, LightBox, FMO, Lightsmith, IFC (World Bank Group), Redwood Equity Partners, Gawa Capital (Business Standard, AgFunderNews — 2 sources agree)
  • Nov 2023: WayCool reported in talks for a ~$40M rights issue with Lightrock, aiming to break even by Q4 FY24 (YourStory headline/snippet only — page could not be fully fetched, single-source, partial confidence)
  • Aggregator sources (Tracxn-derived search synthesis, not independently verified) suggest cumulative funding around $388M across ~29 rounds, with investors also including Grand Anicut, Trifecta Capital, Alteria Capital, Stride Ventures, and a reported Series E of $22.7M around Mar 2026 — this last figure is single-source (Tracxn aggregator) and NOT independently confirmed
  • treat as unconfirmed/partial

Charges & Loans

Partial / conflicting
  • Per TheCompanyCheck (single source, not cross-verified against MCA per source restrictions): Open charges ₹565.5 Cr
  • satisfied/settled charges ₹125.15 Cr. Lender-level breakdown not obtained

Competitors

Confirmed
  • Ninjacart (fresh-produce B2B supply chain, ~₹2,002 Cr FY24 revenue, ~$815M valuation — largest direct peer), DeHaat (full-stack agri-tech marketplace, reportedly profitable), Crofarm (fruit/veg supply chain to retail), Jumbotail (B2B grocery/kirana marketplace), Bijak (agri-commodity trading platform), Udaan (broader B2B marketplace, adjacent competitor)
  • Scale tag: WayCool and Ninjacart are the two largest, revenue-scale (₹1,000+ Cr range) players in Indian farm-to-retail fresh produce logistics
  • DeHaat/Crofarm/Jumbotail are mid-scale
  • Udaan/Bijak are adjacent/broader-scope platforms

Frequently Asked Questions

What does Waycool Foods and Products Private Limited do?
WayCool Foods and Products Pvt Ltd is India's largest agri-food-tech / agri-commerce company (per its own marketing and multiple press sources), founded 2015 in Chennai.
What is the CIN of Waycool Foods and Products Private Limited?
The Corporate Identification Number (CIN) of Waycool Foods and Products Private Limited is U52399TN2015PTC101215.
Where is Waycool Foods and Products Private Limited registered?
Waycool Foods and Products Private Limited is registered with RoC-Chennai (Tamil Nadu). Registered address: No.927, Regus Olympia Platina, 9th Floor, Plot No.
When was Waycool Foods and Products Private Limited incorporated?
Waycool Foods and Products Private Limited was incorporated on 01 July 2015.

Looking for business funding?

Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.

Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.