Agritech Waycool in talks to raise $40 million in internal funding round led by Lightrock

Agritech startup Waycool is in talks with existing investors to raise $40 million in an internal round led by Lightrock. The move comes after a larger round from external investors failed to materialise, sources said. While Moneycontrol initially picked up that Waycool was lining up $15-20 million in capital, the company, in response to our queries, said the round was much larger at $40 million with participation from Lightrock and other existing investors.