Agritech startup WayCool Foods acquired the IP of GramworkX and will invest $1 million in the company annd another million in the coming years. The GramworkX platform will be integrated with WayCool in three to six months.
GramworkX is a cloud-based smart farm resource management tool that assists farmers in guiding, optimising, and monitoring water usage. It quantifies and analyses water consumption patterns across fields and soil types, and it provides data support. WayCool also intends to launch their tech stack as a SaaS-based solution, providing an end-to-end solution for businesses or addressing specific concerns, such as farm management, shop floor management, logistics management, a B2B platform, or a B2C service. Waycool Foods stated last year that it was on track to report a top line of Rs 1,000 crore in the current fiscal year.