57 Stars Invests in WayCool Food & Products
Posted on 06/29/2022
57 Stars LLC led a US$ 40 million investment in WayCool Foods & Products Private Limited, an India-based food and agri-tech platform. The investment is the first transaction for 57 Stars Direct Impact Fund and the second investment for 57 Stars Global Innovation Fund 2. Focusing on food development and distribution, the company leverages innovative technology to scale and operate a complex supply chain from soil to sale. WayCool works with more than 150,000 farmers, and operates a full stack, broadline product range across multiple channels, serving over 100,000 clients. 57 Stars is a global alternative investment manager.