WayCool

Names B P Ravindran as CEO of the new firm, which has been created to put the "power of soil-to-sale food products into the hands of consumers across South India", says company

The new company -WayCool BrandsNext Private Ltd- will soon launch millet based products and various rice varieties

WayCool, food supply

Scheme to cover all 1,500 employees; firm plans to expand its presence to geographies like Middle East as part of its roadmap to become a unicorn by 2025

Karthik Jayaraman and Sanjay Dasri, co-founders of WayCool

The agri-commerce firm has begun building its next-gen centre in Bengaluru, which will have a tech platform with layers of AI and analytics, and labs for robotics, IoT and automation

WayCool Foods receives USD 5.5 Mn debt financing from IndusInd Bank guaranteed by DFC

Chennai (Tamil Nadu) / Bengaluru (Karnataka) [India], June 10 (ANI/BusinessWire India): U.S. International Development Finance Corporation (DFC) has extended a 100 per cent guarantee to WayCool Foods' latest round of fundraising of USD 5.5 Mn through debt financing from IndusInd Bank Ltd. It follows the Series C round of USD 32 Mn led by Lightbox earlier this year. Setuka Partners LLP was the advisor to the current transaction.

Representational Image

Posts annual revenue run rate of Rs 250 crore and 20x expansion since last funding

Indovative Products, a Delhi-based start-up that manufactures currency packaging products, submitted its bids but was rejected on the technical ground that it lacked "past experience"

Bank Note Paper Mill

Discount brokers have sustained the rise of the equity cult and gained market share. Now the old guard looks to strike back

Industry players say the number of demat accounts will continue to grow. However, the pace of addition may moderate.

markets, demat account

Half of India's population between the age of 30-55 years believes 59 years should be the age of retirement and thirty-two years is when one should ideally start retirement planning,

investment,saving, money, retirement, rupee

He pointed out that the year-on-year growth in September appeared somewhat "muted", primarily attributed to the substantial base effect

Auto sales continue to slide in Dec, likely to remain subdued for some time

The Apple iPhone 15 Pro Max stands out within the iPhone 15 series and offers substantial improvements over the previous generation model, the iPhone 14 Pro Max

Apple iPhone 15 Pro Max - Natural Titanium

Lawsuits prompt calls for transparency and compensation in the world of generative AI

ChatGPT

The profitability of Meta, Amazon, Microsoft, Alphabet and Apple (MAMAA), twice the S&P 500 average of 10 per cent, has come to be seen as flowing from the abuse of market power, writes T N Ninan

Big Tech

Under this, construction workers who have been registered for ten years and have completed 60 years of age, will be given a pension assistance of Rs 1,500 per month for life

Bhupesh Baghel

In today's world inflation is touching new heights and regular income is not sufficient to meet daily expenses, hence every person needs a source of side income. Here are the 5 side income ideas

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India's Parul Chaudhary and Priti secured silver and bronze medal respectively in the women's 3000m steeplechase at the Asian Games here on Monday.
Parul clocked 9:27.63 sec to claim the silver medal ahead of compatriot Priti, who made a strong finish to clinch the bronze with a personal best time of 9:43.32 sec.
Winfred Mutile Yavi of Bahrain won the gold with a Games record timing of 9:18.28 sec.
In August this year at the World Championships held in Budapest, Parul registered a national record in 3000m steeplechase with a time of 9:15.31 sec, and in the process qualified for the 2024 Paris Olympics.

Parul Chaudhary and Priti

Over 100 aircrafts, including the Rafale fighter jets, will be part of an air show to be held here next week to commemorate the completion of 91st year of the IAF, Air Marshal RGK Kapoor said on Monday.
Kapoor, who is Air Marshal, headquarters, Central Air Command, reached the Sangam area here on Monday with a cycle rally to spread awareness about the air show to be held on October 8.
This year the Air Force is completing the 91st year of its establishment, to commemorate which an air show is being organised here on October 8 in the Sangam area, Kapoor told reporters.
Earlier our air show used to be held in Hindon (Ghaziabad) where only people from Delhi and its surrounding areas could see this air show. But this time we are organising it in Prayagraj. Since the Sangam confluence area is very large, a large number of people will be able to enjoy the air show here, he said.
Kapoor said Prayagraj was chosen for the event for several reasons, including the presence of the Central Air 

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Five resolutions placed by KRBL were rejected, including that of increasing remuneration of managing director (MD) and chairperson, three joint MDs and one whole time director

Just a few days before Invesco’s notice, proxy advisory firm Institutional Investors Advisory Services (IIAS) had asked Zee shareholders to vote against Kurien and Chokhani.

Corporate governance, Shareholders

Special efforts will be made to improve road connectivity and provide last-mile connectivity

hawa mahal, jaipur, rajasthan, clouds, tourism, historical palaces

All four junk-rated notes were indicated lower on Monday, Bloomberg-compiled data showed. The August 2024 bond posted the biggest drop, down 0.6 cents on the dollar to 62.6 cents

WayCool Foods

WayCool hives off soil-to-sale vertical into new FMCG entity BrandsNext

Agri-tech firm WayCool hives off Rs 400 cr retail brand into subsidiary

Chennai-based agri-commerce firm WayCool lines up Rs 250 crore ESOP

WayCool Foods raises $117 mn in Series D from Lightrock, IFS and others

WayCool Foods receives USD 5.5 Mn debt financing from IndusInd Bank guaranteed by DFC

Agri-tech start-up WayCool Foods raises Rs 120 cr via equity, debt