{"id":2879,"date":"2022-01-28T13:21:06","date_gmt":"2022-01-28T13:21:06","guid":{"rendered":"https:\/\/fondohuruma.com\/?p=2879"},"modified":"2022-03-16T17:29:11","modified_gmt":"2022-03-16T17:29:11","slug":"waycool","status":"publish","type":"post","link":"https:\/\/fondohuruma.com\/en\/waycool\/","title":{"rendered":"WAYCOOL"},"content":{"rendered":"\n
\n \"WayCool,
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WAYCOOL<\/h1>\n\n\n\n
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WAYCOOL<\/strong> | Agribusiness<\/em><\/h2>\n

waycool.in<\/a><\/p>\n

WayCool Foods is one of India’s largest and fastest growing agribusiness companies. Focused on food development and distribution, the company leverages innovative technology to scale and manage the complex agricultural supply chain<\/strong> from cultivation to sale.<\/p> \n

WayCool has a wide range of products across multiple channels, serving over 1,000 customers and working with over 85,000 farmers through its Outgrow programme.<\/strong> La empresa ya opera en seis estados con m\u00e1s de 40 centros de distribuci\u00f3n, entrando recientemente en el mercado de Oriente Medio. Advanced technology and a push for its own brands has enabled WayCool to increase its revenue x4 and its customer base x10.<\/p>\n

Huruma’s investment will be used to accelerate WayCool’s business plan, leveraging technology and automation towards efficiency improvements The investment aims to strengthen WayCool’s leadership in building a more sustainable supply chain.<\/strong><\/p> \n

WayCool has implemented environment policies covering energy, water and waste, setting quantitative objectives to manage these areas. The institution seeks to reduce the negative externalities<\/strong> inherent to its activity by progressively implementing an Environmental and Social Management System (ESMS)<\/strong> with the support of external consultants and by increasing direct supply from farmers.<\/p>\n <\/div>\n

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Country:<\/strong> India<\/p>\n

Inversi\u00f3n:<\/strong> EUR 10 million<\/p>\n

Investment type:<\/strong> Equity<\/p>\n

Technical assistance:<\/strong> Pending confirmation<\/p>\n

Fecha inversi\u00f3n:<\/strong> December 2021<\/p>\n <\/div>\n

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Huruma: Transforming Lives<\/em><\/h2>\n

Huruma\u2019s investment in WayCool aims to transform the lives of smallholder farmers through the following theory of change:<\/p>\n

Input: EUR 10 MM<\/strong> equity for an Agribusiness.<\/p>\n <\/div>\n

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Output:<\/strong> Expansion and business plan development<\/strong> of an Agribusiness.<\/p>\n

Outcome:<\/strong> Increase supply from farmers to >60%<\/strong> and >10% farmers\u2019 income*.<\/strong><\/p>\n

(*) Metrics calculated on the basis of the study estimates \u201cUnderstanding Impact Performance: Agriculture Investments\u201d (GIIN, 2020)<\/blockquote>\n <\/div>\n<\/article>\n\n\n\n
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WayCool has a wide range of products across multiple channels, serves over 1,000 customers and works with over 85,000 farmers. With this investment, the Huruma Fund strengthens the company’s commitment to creating a more sustainable supply chain.<\/p>\n","protected":false},"author":1,"featured_media":2890,"comment_status":"open","ping_status":"open","sticky":false,"template":"inversiones.php","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[54],"class_list":["post-2879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investments","tag-india-en"],"featured_image_src":"https:\/\/fondohuruma.com\/wp-content\/uploads\/2022\/01\/fondo-huruma-agricultura-waycool-india-7-2-1-scaled.jpg","author_info":{"display_name":"Fondo Huruma","author_link":"https:\/\/fondohuruma.com\/en\/author\/jl\/"},"_links":{"self":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts\/2879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/comments?post=2879"}],"version-history":[{"count":8,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts\/2879\/revisions"}],"predecessor-version":[{"id":3050,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/posts\/2879\/revisions\/3050"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/media\/2890"}],"wp:attachment":[{"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/media?parent=2879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/categories?post=2879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fondohuruma.com\/en\/wp-json\/wp\/v2\/tags?post=2879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}