Agritech startup Wastelink raises $3 million from Avaana Capital

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Food upcycling startup Wastelink has raised $3 million (Rs 27 crore) in a funding round from early-stage investment firm Avaana Capital.

The funds will be used for nationwide expansion, strengthening its research and development (R&D) capabilities and technology.

“The funds will also enable us to explore exports, particularly to Southeast Asia and the Middle East, which are strong markets for our products. In the future, we also plan to expand geographically and establish food upcycling operations in those regions,” founder and chief executive…



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Agritech startup Wastelink raises $3 million from Avaana Capital



Food upcycling startup Wastelink has raised $3 million (Rs 27 crore) in a funding round from early-stage investment firm Avaana Capital.

The funds will be used for nationwide expansion, strengthening its research and development (R&D) capabilities and technology.

“The funds will also enable us to explore exports, particularly to Southeast Asia and the Middle East, which are strong markets for our products. In the future, we also plan to expand geographically and establish food upcycling operations in those regions,” founder and chief executive…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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