Yesterday, Agritech platform DeHaat acquired food tech company Y-Cook India Pvt. Ltd for an undisclosed amount. Launched in 2011 by Janardhan Swahar, Vijay Reddy and Gayathri Swahar, Y-Cook provides boiled vegetables, lentils and fruit in both ready-to-eat and ready-to-cook formats. It has a presence in nine countries and is backed by investors like Omnivore Partners, Oikocredit and 021 Capital.
“DeHaat and Y-Cook's vision synergises well, with both believing that good food starts from the farmer. At Y-Cook, we have always worked closely with farmers to not only ensure quality in the produce but also create sustainable farming methods securing soil for generations to come,” Swahar said.
Over the next 12 months, DeHaat aims to expand its customer footprint across over 15 countries. Currently, it serves over 1 million farmers via its platform across states like Bihar, Uttar Pradesh, Jharkhand, West Bengal, Odisha, Madhya Pradesh, Rajasthan and Maharashtra.
Source: economictimes.indiatimes.com