India-based WayCool Foods, which is expanding into the UAE, unveiled what the company is calling the “the most comprehensive tech stack in the food economy,” a statement from the company said.
Facilitating traceability and end-to-end integration, WayCool’s tech stack solutions is aimed to benefit food ecosystem players by reducing food wastage, informed decision making, and real time intelligence.
The solutions include automation, Internet of the Tings (IoT), robotics, and Artificial Intelligence (AI) to integrate the food economy enabling stakeholders to increase efficiency by ensuring seamless flow of information, fund, and materials.
“We are gearing up to open an office in the UAE with plan to strengthen our footprint across the Middle East,” said Karthik Jayaraman, co-founder and managing director of WayCool Foods & Products. “WayCool brings technology to diversify farming activities to ensure that this profession remains sustainable and attractive. We also emphasise on the roadmap of making end-to-end supply chains more efficient and reducing costs in the farming sector,” he added.
WayCool Foods has recently invested in the technology stack of Bengaluru-based agri-tech start up Gram WorkX founded by Mr. KA Gopalakrishnan & Ms. Supriya Anantkrishnan to integrate the farm management systems with WayCool’s soil to sale full stack solution. WayCool is investing $1 million in the company and an additional $1 million will be invested in the following years.
GramworkX is a cloud-based smart farm resource management tool, which helps farmers optimize and monitor utilisation of water. It quantifies and provides analytical insights into water consumption patterns across fields and soil types and provides data support.
