Clean-tech startup Wastelink raises $3 Mn led by Avaana Capital

Business-to-business (B2B) food upcycling startup Wastelink has raised Rs 27 crore (around $3 million) in a Series A funding round led by early-stage investment firm Avaana Capital.

The Delhi-based company had earlier raised $2.3 million from Indigram Labs and others. The fresh funds will be used to enhance its tech stack and expand into new categories, Wastelink said in a press release.

Founded in 2018 by Saket Dave and Krishnan Kasturirangan, Wastelink transforms surplus and waste food from manufacturers and retailers into nutritional animal feed…