Business-to-business (B2B) food upcycling startup Wastelink has raised Rs 27 crore ($3 million) in Series A funding led by Avaana Capital, with participation from earlier backers including Indigram Labs.
Funding Snapshot
- Amount: Rs 27 crore ($3M)
- Lead Investor: Avaana Capital
- Previous Round: $2.3M from Indigram Labs & others
India generates millions of tonnes of food waste every year, much of which ends up in landfills. Wastelink, founded in 2018 by Saket Dave and Krishnan Kasturirangan, tackles this by transforming surplus and waste food from manufacturers and retailers into nutritional animal feed ingredients. Its flagship product, ECOMIX, is supplied as raw material to feed companies, bridging the gap between waste reduction and sustainable animal nutrition.
Technology Edge
The Delhi-based startup has built an AI-powered reverse supply chain system, enabling food companies to track surplus utilization and offering transparency to feed manufacturers on raw material processing. This makes food upcycling measurable, efficient, and scalable.
Traction & Impact
So far, Wastelink has upcycled over 35,000 tonnes of FMCG surplus, serving 5,000 pincodes across India and benefiting 38,500 animals annually. Its sustainable model positions it strongly in the growing global upcycled food market, projected to hit $119.8 billion by 2034.
Market Watch
Wastelink competes with players such as Sea6 Energy and Krimanshi, but its AI-driven transparency and deep FMCG partnerships give it a defensible edge.
Final Take
By marrying sustainability with AI-driven supply chains, Wastelink is showing how food waste can become an asset—not a liability.
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