Wastelink Raises $3M to Turn Food Waste Into Animal Feed

 

Wastelink, an India-based circular economy startup that upcycles surplus food into animal feed, has raised ₹27 crore (US$3 million) in Series A funding from Avaana Capital.

The funding will support the company’s nationwide expansion and further enhance its proprietary technology and research capabilities. Founded in 2018 under Forplanet Ingredients, Wastelink converts FMCG surplus into standardized feed ingredients for the animal feed industry. Since inception, it has processed over 35,000 tons of surplus food, supporting more than 38,500 animals annually with its flagship product ECOMIX™, which has shown results such as a 15 percent improvement in milk yields.

Key Highlights

• Wastelink raised $3M Series A funding from Avaana Capital
• Converts food surplus into feed, cutting costs by up to 50 percent
• ECOMIX™ supports 38,500+ animals, improving yields sustainably

The company’s model addresses one of the biggest challenges in the global feed industry—volatility in raw material prices of corn and soy, which form the backbone of conventional feed. With feed costs accounting for up to 70 percent of livestock production expenses, small fluctuations in commodity prices severely impact profitability. In the U.S., feed manufacturers average just 2.7 percent profit margins, underscoring the fragility of the sector.

By transforming surplus food into consistent, high-quality feed ingredients, Wastelink offers price stability, 30–50 percent cost savings, and an environmentally sustainable alternative. This dual-value approach not only reduces feed expenses for farmers but also cuts waste management costs for FMCG manufacturers, aligning with the growing emphasis on circular economy solutions.

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With the global animal feed market projected to grow from $514.4 billion in 2025 to $707.7 billion by 2032, Wastelink is well-positioned to scale its impact while driving both economic and ecological value.