Funding Investment

Wastelink raises $3M to strengthen animal feed supply chain

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Wastelink has raised Rs 27 crores (USD 3 million) in a Series A funding round from Avaana Capital.

Wastelink, a pioneer in technology-led food upcycling and a brand of Forplanet Ingredients, has raised Rs 27 crores (USD 3 million) in a Series A funding round from Avaana Capital, a leading technology fund that invests in transformative technologies across critical sectors to accelerate economic growth, long-term resilience and global competitiveness. 

Since its inception, Wastelink has upcycled more than 35,000 tons of FMCG surplus into feed ingredients. "Animal feed is the backbone of our food system, yet it suffers from chronic volatility in quality and price.” Saket, Founder and CEO of Wastelink. 

“We’re addressing this by delivering consistent, traceable, and cost-stable nutrition at scale. This fundraise powers our nationwide expansion and strengthens our R&D and technology to build a category-defining company that ensures resilience for feed manufacturers, farmers, and the broader food chain.." 

Krishnan, Co-Founder of Wastelink, added, "Our approach combines science, technology, and circularity to create a reliable feed input the industry can trust. Redirecting food surplus is the mechanism—but the outcome is resilience in animal nutrition that benefits farmers, businesses, and the planet." 

Swapna Gupta, Partner, Avaana Capital, said: “Wastelink is reimagining animal feed by solving two critical challenges- nutrient inconsistency and price volatility. By redirecting food surplus into standardized, traceable inputs, their platform solves for supply chain resilience. This is the kind of breakthrough innovation India can pioneer to build future-ready food systems for the world.”   

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