Delhi-based cleantech startup Wastelink has secured ₹27 crore (~$3 million) in a Series A funding round led by early-stage investment firm Avaana Capital.
The fresh funds will be used to strengthen its AI-driven tech stack, expand product lines, widen its presence across new geographies, and explore export opportunities for its proprietary feed ingredient, ECOMIX.
Founded in 2018 by Saket Dave and Krishnan Kasturirangan, Wastelink operates as a B2B food upcycling platform, converting surplus and rejected food from FMCG and food producers into animal feed ingredients. These are then supplied to animal feed manufacturers, creating a circular model that reduces waste while supporting livestock nutrition.
The company runs processing facilities in Sonipat, Lucknow, Mumbai, and Bengaluru, where food waste is transformed into ECOMIX. Its AI-powered reverse supply chain tracking system enables FMCG companies to monitor how their surplus and packaging are utilized, while feed manufacturers can assess ingredient quality.
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So far, Wastelink has upcycled over 35,000 tonnes of FMCG surplus, reaching 5,000+ pincodes across India and supporting the nutrition of 38,500+ animals annually.
With this round, the startup’s total funding has reached ₹47 crore. Wastelink competes with food upcycling startups such as Sea6 Energy and Krimanshi, in a global market expected to touch $119.8 billion by 2034.
