Sandeep Devgan

#ETNOWExclusive | What was the rationale behind Agro Tech's acquisition of Del Monte Foods? Samara Capital's Sumeet Narang discusses the acquisition, investment strategies, exits and upcoming IPOs in an exclusive interview with ET NOW's Anurag Joshi. Listen in! Anurag Joshi #PrivateEquity #Investing #SamaraCapital #DelMonte Times Network

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Meet the 1to10 Accelerator Cohort: Introducing #18 Kisaan Se Kitchen Tak Founded by Ishaan Hukku & Santosh Srivastava, KSKT AgroMart is a groundbreaking B2C and B2B Healthy Food Company dedicated to delivering premium, nutritious food options such as Organic, Jaivik (Naturally Grown), Healthy Gourmet, Healthy Beverages, Wellness, Hydroponic, Snacks, Bakery & Dairy options sourced from local artisans and farmers, catering to diverse dietary needs. They’ve already registered 20,000 customers, achieving a remarkable 30% quarter-over-quarter growth rate. Their personalized recommendations, subscription service, and strategic partnerships ensure a competitive edge in delivering quality and convenience. As consumer preferences shift towards healthier eating, the Indian Healthy Food Market is projected to reach $31 Bn with 440 Mn target consumers by 2027, presenting a significant opportunity for KSKT AgroMart to innovate and expand its offerings. Join us in celebrating KSKT as they redefine the healthy food experience for modern consumers! Kisaan Se Kitchen Tak | Kaze Living | 1to10 Accelerator by Favcy | Favcy Venture Builders #1to10Accelerator #KSKT #Favcy #FavcyVB #Startups #Accelerator #Incubator #Funding #VentureCapital #StartupIndia

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While there are many reasons for Protein deficiency in Indians including economic background , dietary preference , lack of awareness BUT it also includes the lack of hygienic and affordable Non Vegetarian Proteins sold in a convenient manner in retail or through the Online platforms. Gr8 Foodz is working on a model to allow consumers to source multi species products in fresh , frozen , processed , marinated , ready to eat and ready to cook formats on the online platform as well as own retail stores. A recent survey titled “Protein Consumption in Diet of Adult Indians: A General Consumer Survey (PRODIGY)” indicates that 9 out of 10 people consume inadequate amounts of protein in India. Another report shows that 73% of Indians are deficient in protein and more than 90% of people are unaware of daily protein requirements. About 71% of Indians have poor muscle mass and health. Poor muscle mass leads to muscle fatigue, impaired metabolism, and impaired muscle function. Gr8 Foodz AL PROTEINS

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Our latest podcast episode is out now featuring visionary leader Sanjay Dasari, Co-founder of WayCool Foods, sharing invaluable insights on agricultural and agritech advancements reshaping India's food landscape. Here are the key takeaways from the episode: 🔹 Introduction of WayCool Foods: Sanjay shared the company's mission to create a demand-driven food value chain in India, addressing issues like food security and climate impact. 🔹 Origins and Vision: Learn how the idea for Way Cool Foods began at Babson College in 2014, driven by a vision for a socially impactful business in India's food sector. 🔹 Challenges in Indian Agriculture: Discover the unique hurdles such as small-scale farming and inefficient supply chains, and how Way Cool Foods tackles them. 🔹 Innovative Solutions: Explore the demand-driven supply chain model inspired by successful practices in other industries, reducing food wastage and improving efficiency. 🔹 Business Expansion: Way Cool Foods operates in fresh produce, staples, and technology solutions, with plans for further growth and impact. 🔹 Impact on Food Security and Climate: Learn how Way Cool Foods contributes to food security and combats climate change through sustainable practices. 🔹 Future Directions: Sanjay shares his optimism for the company's future and its potential to revolutionize the food industry. Tune in the whole episode here- https://lnkd.in/gNqJ3BcJ to gain valuable insights into WayCool Foods' innovative approach and its vision for a more sustainable food system. 🎙️ #foodindustry #india #agriculture #foodsupplychain #supplychain #agritech #foodsecurity #innovation #episode #futureoffood

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𝙐𝙣𝙙𝙚𝙧𝙨𝙩𝙖𝙣𝙙𝙞𝙣𝙜 𝙉𝙤𝙣-𝘾𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙞𝙫𝙚 𝘾𝙡𝙖𝙪𝙨𝙚𝙨 𝙖𝙣𝙙 𝙩𝙝𝙚 𝙃𝙤𝙘𝙘𝙤 𝙄𝙘𝙚 𝘾𝙧𝙚𝙖𝙢 𝙋𝙞𝙫𝙤𝙩 A non-competitive clause in business deals prevents sellers from starting or engaging in competing ventures for a specified period. This was the case when the Chona family sold Havmor Ice Cream to Lotte for INR 1,020 crore in 2017, including a non-competitive clause. After this period, the Chonas saw a significant opportunity in the new-age ice cream market. They pivoted their brand, Hocco , from serving Indian recipes in QSR restaurants to a thriving ice cream brand. This decision was driven by several factors: Market Potential: They recognized the growing demand for innovative ice cream products. Expertise: They already had extensive experience in the ice cream business. Goodwill: They had strong relationships with distributors and a positive reputation in the Indian market. Emerging Quick Commerce: The rise of quick commerce platforms provided a perfect boost for launching a new-age ice cream brand like Hocco. They secured a Rs 100 crore investment from Sauce.vc VC and other angel investors, successfully re-entering the ice cream market with renewed focus and innovation. Non-competitive clauses provide breathing room for Ankit Chona to plan their next move strategically without immediate competition. For Hocco, it meant transforming and relaunching as an ice cream brand, demonstrating the strategic benefits of such agreements. #StartupStrategy #NonCompetitiveClauses #Havmor #HoccoIceCream #Entrepreneurship #BusinessGrowth #Investment

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#AIForFood 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗲 𝗬𝗼𝘂𝗿 𝗙𝗼𝗼𝗱 𝗥&𝗗 𝘄𝗶𝘁𝗵 𝗕𝗖𝗗'𝘀 𝗶𝗻𝗻𝗼𝘃𝟴 𝗢𝗦 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗹𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗮𝘁 #𝗜𝗙𝗧𝗙𝗶𝗿𝘀𝘁 Institute of Food Technologists (IFT) BCD iLabs BCD is revolutionizing the food and beverage industry with the launch of Innov8 OS, a cutting-edge software platform designed to R&D Platform to Accelerate Food Formulation through AI-driven experiments for food and beverage CPG and Ingredient companies. In an era where speed to market is the key to success, BCD's Innov8 OS platform helps R&D teams achieve this by drastically reducing the number of experiments it takes to successfully complete projects at bench scale.   The reduction in the number of experiments and faster time to market is achieved by Innov8 OS’ AI-driven experimentation approach that builds in nutritional, functional, sensory, regulatory, cost and supply chain parameters into a single experiment. Innov8 OS extremely accelerates R&D cycles through AI-driven experiments and provides unprecedented visibility across all functions of the R&D process. Through the power of Artificial Intelligence, Innov8 OS optimizes R&D workflows, provides tailored formulations for specific attributes, taste, and texture profiles, and enables hyper-personalized product development based on cost and regulatory restrictions. This level of sophistication allows food and beverage companies to stay ahead of market trends and consumer demands and respond rapidly to the fast-paced changes in consumer preferences. Innov8 OS serves food and beverage CPG and Ingredient companies focused on developing products or applications for the Snacks, Dairy, Health and Wellness, Nutrition, Plant-based, Cereal and Breakfast, Baby and Kids and Confectionary product categories. By choosing Innov8 OS, companies can significantly boost their Product Velocity, streamline their R&D efforts, and gain a competitive edge in the rapidly evolving food and beverage landscape. BCD's commitment to driving innovation through technology positions Innov8 OS as a game-changer for the industry, offering a comprehensive solution that addresses the complex challenges of modern food and beverage product development. Contact: www.bcdilabs.com Michael Walton George Lenhart Ravi K. Jeff Winter Somsubhra GanChoudhuri Satya Nadella M12, Microsoft's Venture Fund Adam Bergman Elaine Watson Karl Mehta Anand Shah Rajeev Chandrasekhar Chamath Palihapitiya Biz Stone Michael Dean Rob Leclerc Nimi Katragadda Kim Cutler Kiran Mazumdar Shaw Cam Crowder Niklas Zenner David Rossow Sarah Doug Renert Eyal Briller Christine Hall Rinka Banerjee Anshul Garg Marc Andreessen Pete Flint Aaref Hilaly James Currier Peter Thiel Gigi Levy-Weiss Nat Friedman

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🌾 Exploring the Dynamic World of Quinoa Flour! Exciting news for food enthusiasts and health-conscious folks! A recent study by HTF Market Intelligence has highlighted the burgeoning growth of the global quinoa flour market, predicting a robust CAGR of 5.2% from 2024 to 2030. 🚀 Why the buzz? Quinoa flour, a gluten-free powerhouse packed with nutrition, is making waves across culinary spheres, from baking to savory dishes. This surge is driven by the rising demand for healthy, gluten-free options and the flourishing health awareness worldwide. Key insights: Market Growth: Expected to jump by an impressive USD 121.4 billion by 2030. Leading Players: Companies like Ancient Harvest and Bob's Red Mill are at the forefront, innovating and expanding their reach. Global Influence: From the Americas to Asia, quinoa flour's versatility and nutritional benefits are being embraced globally. Challenges such as price fluctuations and supply chain issues are present but the future looks promising with opportunities in emerging markets. Whether you're a consumer, a business in the food industry, or an investor, quinoa flour is a trend! 🌍 #QuinoaFlour #GlutenFree #HealthyEating #FoodIndustry #MarketGrowth #HealthTrends #GlobalCuisine

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🌱 Wholix India Nutri-Score Evaluation: Nitro Tech by MuscleTech 🌱 At Wholix India, we’re dedicated to providing clear and comprehensive nutritional insights to help you make the best choices for your health. Our latest evaluation focuses on Nitro Tech by MuscleTech, a well-known protein supplement favored by many fitness enthusiasts. 🔍 Nutri-Score Rating: D After a detailed analysis, Nitro Tech by MuscleTech has been rated D on our Nutri-Score scale. This rating is based on a combination of nutritional factors including energy content, saturated fat, sodium levels, and protein content. 💪 Strengths of Nitro Tech: 1) High Protein Content: Nitro Tech offers an impressive 65g of protein per 100g, making it a powerful option for muscle growth and recovery. 2) Creatine Enrichment: Formulated with creatine monohydrate, this supplement is designed to enhance strength and performance, especially useful for those with rigorous workout routines. ⚠️ Areas to Consider: 1) Energy Density: With 350 kcal per 100g, this product has a relatively high energy content, which may not be suitable for those monitoring their calorie intake. 2) Saturated Fat: Containing 2.2g of saturated fat per 100g, this level contributes to the Nutri-Score rating and is something to consider for those managing their fat intake. 3) Sodium Levels: At 424 mg per 100g, the sodium content is on the higher side, which could be a concern for those watching their sodium intake. 🏋️ Is Nitro Tech Right for You? Nitro Tech is formulated for athletes and individuals looking for a high-protein supplement to support their muscle-building goals. While the Nutri-Score D rating highlights some nutritional aspects that may require attention, it’s important to balance these with your personal fitness objectives and dietary needs. At Wholix India, we believe in empowering you with transparent and accurate information. Nutri-Score is one of many tools to guide your nutrition choices, and we encourage you to consider all aspects of a product’s nutritional profile in the context of your own health goals. 💡 Final Thoughts: Understanding the strengths and areas for improvement in products like Nitro Tech allows you to make informed decisions. Whether you’re focused on muscle growth or overall wellness, being informed helps you choose what’s best for your body. Stay informed, stay healthy, and let Wholix India guide you on your journey to optimal nutrition and well-being! 🌟 #WholixIndia #NutriScore #NutritionEvaluation #FitnessNutrition #MuscleTech #NitroTech #HealthAndWellness #InformedChoices #BalancedNutrition #ProteinPowder #Fitness #Food #Fssai

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Industry giant in the making? Or yet another fund backed startup goes belly up? Noveltech Feeds Pvt Ltd. A company invested in by Goldman Sachs in 2018, is a leader in the animal nutrition sector, particularly in commercial poultry feed. Headquartered in Mumbai, Noveltech Feeds operates 18 manufacturing units across India and maintains a comprehensive dealer and distributor network. The company has made significant acquisitions, including Rohini Minerals Private Limited, NutriKraft, and Neogenetics Foods, expanding its footprint in the industry. Recently, it ventured into the edible oils and solvent extraction business, acquiring an integrated oilseed processing plant with a refinery. Goldman Sachs’ investment strategy in Noveltech Feeds aims to optimize product formulation, manufacturing processes, and human resources while looking for additional acquisition opportunities to drive growth. Here are the key areas where Noveltech Feeds has influenced the industry: -Market Expansion and Leadership -Technological Innovation -Acquisitions and Integration -Support for Farmers -Environmental and Sustainability Initiatives Now this is where it gets interesting, Despite its growth, Noveltech Feeds has faced financial challenges. As of early 2023, the company has encountered operational losses, leading to a downgraded credit rating by CRISIL. The rating was lowered from stable to negative, indicating concerns about its credit risk profile due to continued losses and increasing debt. They have since made substantial changes to their acquisition strategies and still continue their journey in the poultry Industry. #goldmansachs #animalnutrition #poultry #akfoodandbeverages #akfnb #noveltech #economicgrowth #startup #animalfeed

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At Snackfax we belive the biggest opportunity is institutionalization. As you club this with awareness ( content led exposure) 1. the speed becomes 4X, 2. Consumption of new product improves margins. In the recent conversation with Vishal we covered exactly these nuances. Check our the full conversation for more insights: https://lnkd.in/g9mjrai6

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Foodtech major Zomato’s consolidated net profit zoomed multifold year-on-year (YoY) to INR 253 Cr in the June quarter (Q1) of the financial year 2024-25 (FY25). The Deepinder Goyal-led startup posted its maiden profitable quarter in Q1 FY24, reporting a net profit of INR 2 Cr 👇 On a quarter-on-quarter (QoQ) basis, profit rose nearly 45% from INR 175 Cr. Revenue from operations jumped 74% to INR 4,206 Cr in Q1 FY25 from INR 2,416 Cr in the corresponding quarter last year. Operating revenue rose 18% from INR 3,562 Cr in Q4 FY24. Total expenses jumped to INR 4,203 Cr during the quarter under review from INR 2,612 Cr in Q1 FY24. 🔗 To read more in detail, click here: https://lnkd.in/gPCjrkNa #news #zomato #financials #revenue

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Indian beer startup Proost Beer (Grano69 Beverages), established in 2017, raised Rs 30 crore in its Series-A funding round led by Chimes Group and Srinivasan Namala. The firm intends to use the funds for enhancing its supply chain, expanding operations, improving its product range, and investing in brand-building initiatives. Proost aspires to revolutionize the Indian beer market with its superior quality, low bitterness, and high drinkability beverages, sourcing nearly all raw materials locally. By the end of this decade, the company aims to capture a 5% market share in the Indian beer sector through innovation, consumer-focused product development, and strategic market growth. Proost, a pioneering beer startup established in 2017 by Tarun Bhargava and Vijay P S., is dedicated to sharing the authentic flavor of expertly brewed beer with people worldwide. Their passion for craft beer drives them to spread their enthusiasm for the beverage across various regions. In their recent Series-A funding round, led by Chimes Group and Srinivasan Namala, they secured Rs 30 crore, which saw participation from Hyderabad Angels, The Chennai Angels, and other High Net Worth Individuals. Proost's pre-Series A round concluded after raising approximately Rs 25 crore ($3 million) in October 2023. The company plans to utilize these funds to reinforce its supply chain, extend operations into new markets, enrich its product lineup, and invest in brand-building initiatives, as stated in a press release. As an innovative beer brand, Proost aims to revolutionize the Indian beer market with its premium quality, low bitterness, and high drinkability. They source 99% of their raw materials locally, providing a refreshing experience to beer aficionados throughout their markets. To stay relevant, Proost intends to expand its product range by launching new variants that align with shifting consumer preferences and industry trends. Currently, the company enjoys a robust presence in retail outlets across Delhi, Punjab, Uttar Pradesh, Kerala, Jharkhand, and Karnataka. By the end of the decade, Proost targets capturing a 5% market share in the Indian beer sector, driven by innovation, customer-focused product development, and strategic market expansion. Factacy.ai Congratulates and wishes them well. #innovation #management #digitalmarketing #technology #creativity #futurism #startups

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In the global beverage industry, there were 57 M&A deals announced in Q1 2024, worth a total value of $223m, according to GlobalData’s Deals Database. The $130m acquisition of Coca-Cola Bangladesh Beverages by CCI International Holland and Coca-Cola Icecek was the industry’s largest disclosed deal. In the Indian beverage industry, there were 3 M&A deals announced in Q1 2024, worth a total value of $29.1m, according to GlobalData's Deals Database. The $24.7m minority acquisition of B9 Beverages by Kirin was the industry's largest disclosed deal. With things heating up in the Industry, there are three distinct possibilities that emerge out of the Q1 2024 developments : 1️⃣ Emerging Market Focus: The dominance of M&A activity in emerging markets like Bangladesh and India signals a strategic shift towards capturing growth opportunities in these regions. With rising disposable incomes and evolving consumer preferences, multinational beverage companies are increasingly targeting emerging markets for expansion. The acquisition of Coca-Cola Bangladesh Beverages and B9 Beverages by international players underscores the importance of establishing a strong foothold in these high-growth markets to drive revenue and market share growth. 2️⃣ Diversification and Portfolio Enhancement: The diversity of M&A deals, ranging from large-scale acquisitions to minority stakes, highlights the industry's focus on portfolio diversification and enhancement. Companies are not only seeking to bolster their core businesses but also exploring opportunities in adjacent segments or emerging beverage categories. 3️⃣ Consolidation and Competition: The flurry of M&A activity underscores the ongoing consolidation within the beverage industry as companies seek to consolidate market share, streamline operations, and achieve economies of scale. With increasing competition and evolving consumer preferences, companies are pursuing strategic acquisitions to stay ahead in the market and drive innovation. The relatively smaller size of M&A deals in the Indian beverage industry compared to the global market reflects the fragmented nature of the Indian beverage landscape and the opportunities it presents for consolidation and market penetration by both domestic and international players. The evolving landscape of the global beverage industry is certainly brewing up some interesting changes and will push for consolidation that will drive growth and competitiveness. #beverages #globaltrends #industryinsight Catch up on the news here : https://lnkd.in/dmVj4twb 

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New Delhi-based agri-startup Fresh From Farm (F3) has launched its private-label branded fruits in the #DelhiNCR region. The new #brandedfruit line is expected to contribute around 20% of its overall revenue and the company is on track to achieve a 100 crore annual recurring revenue (ARR) by the next quarter. Click on the link below to know more... Fresh From Farm (F3) I Rohit Nagdewani #farmproducts #freshproduce ##retailindustry #retailgrowth #retailing #businessgrowth #Indianretailmarket #retailresults #retailindia #retailupdates #retailsectornews #businessnews  #retailbusiness #ir #IndiaRetailing

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From Cricket to Capital: Kohli and Dhoni's Strategic Startup Investments   Rage Coffee Founded by Bharat Sethi: It is a direct-to-consumer (D2C) coffee startup that manufactures, markets, and distributes coffee products in emerging categories. Blue Tribe Foods Co-Founded by Sandeep Singh & Nikki Arora Singh: It is a plant-based meat company & products are made with ingredients like lentils, soybeans, and other vegetarian ingredients, & are designed to taste, look, feel, and cook like meat. Sport Convo Co-founded by Amrit Johal & Vishal Patel: It is a social media startup that allows sports fans to connect and interact about their favorite sports and current news topics. UNIVERSAL SPORTSBIZ PRIVATE LIMITED: Co-founded by Anjana Reddy & Vikram Reddy: It is an Indian fashion company that specializes in trendy clothing and accessories. Hyperice Founded by Anthony Katz: It is an American health technology company that designs and manufactures recovery and movement enhancement products. Go Digit General Insurance Founded by Kamesh Goyal: It is one of India's leading digital full stack insurance companies & on a mission to make insurance simple for people. Chisel Fitness LLP Founded by Satya Sinha: It is a fitness center providing personalized training programs and cutting-edge workouts for body transformation and enhanced endurance. 7Ink Brews Pvt. Ltd. Co- founded by Mohit Bhagchandani: The company’s objective is to create an iconic Indian brand that sets new benchmarks in international markets for alcoholic and non-alcoholic beverages. Khatabook Co-founded by Ravish Naresh: It is India's fastest growing SaaS company that enables micro, small and medium businesses to increase efficiency and profitability through safe and secure digital solutions for business and finance. Dhanesh Kumar, Jaideep Poonia and Ashish Sonone are the other co-founders. CARS24 Co-founded by Vikram Chopra: It is an Indian multinational online used car marketplace headquartered in Gurgaon & one of the major player in organsied car segment in India. Mehul Agrawal, Gajendra Jangid & Ruchit Agarwal are the other co-founders. Garuda Aerospace Private Limited Founded by Agnishwar Jayaprakash: It is a drone startup company that aims to empower Youth & Farmers with Affordable Precision Agriculture Drone Technology. EMotorad @Founded by Rajib Gangopadhyay, Kunal Gupta, Aditya Oza, and Sumedh Battewar: It is an electric vehicle company that strives to bring futuristic ebikes at an affordable price for everyone. HomeLane Co- Founded by Srikanth Iyer & Tanuj Choudhry: It is a home interior company that helps homeowners do their home interiors in a personalized, pocket-friendly and predictable way. BluSmart Co-founded by Anmol Jaggi, Punit K Goyal & Puneet Jaggi: It is India's first all-electric ride-hailing company that aims to provide sustainable, affordable, and reliable transportation for urban India. #StartupInvestments #TechStartups #SustainableBusiness #startup77

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☕ First Coffee—India’s grab-and-go specialty coffee brand—has raised $1.2 million in seed funding led by BEENEXT. The round also saw contributions from prominent investors like Ashish Gupta (Helion Venture Partners LLC), AngelList India, Dr Ritesh Malik (Founder, INNOV8), Sahil Malik (Founder, Da Milano Italia), Chandini Purnesh (Harley Coffee Estate), and many others. With this funding, First Coffee aims to expand its store presence across Delhi-NCR and key Tier I cities in North India. Plans include: Launching 35 new stores by next year. Focusing on high-traffic areas like malls. Corporate parks. Metro stations. Co-founders Sohrab Sitaram and Shiv Dhawan are on a mission to blend premium coffee, tech innovation, and sustainability to elevate India’s coffee culture. 📈 Read more: https://lnkd.in/ghVFdxsu #retail #news #funding #investment #coffee #business #growth #update #kalpway

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🔥 Blue Tribe Foods, financed by Virat Kohli and Anushka Sharma is bringing in a new category. Sandeep Singh, co-founder of Blue Tribe clarifies that: 1) plant-based meat advertising in India is still moderately little compared to other nations. 2) In markets like the US, meat utilization is much higher than in India, which presents distinctive challenges and openings. 3) The plant-based meat advertising in India is as of now at around Rs 150 crores. 4) Recognizing the moderate development in this category, the brand has chosen to differentiate into segments, such as plant-based snacks. 5) As this showcase is 10x bigger than the one they are right now serving. 6) With plant-based snacks, they can offer to a broader group of counting health-conscious customers and vegetarians. 📌 Note: ‘Smart Protein’ sector, homegrown plant-based meat brand Blue Tribe, founded and grown with support from The Good Food Institute India, has secured celebrity power couple Anushka Sharma and Virat Kohli as investors & brand ambassadors. Blue Tribe is among the leaders in the plant-based meat category, offering consumers a simple switch towards their range of plant-based keema, sausages, and momos, without sacrificing the taste and indulgence of meat. --- 🚀 Follow Foodkida to get FSSAI-related posts in your LinkedIn feed. 🔄 Repost if you find this post valuable. 📲 You will get food technology updates in this WhatsApp group: https://lnkd.in/gVWJv6QR #PlantBased #BlueTribe #Sustainable #Innovation #SmartProtein #Vegan #HealthyLiving #Green

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𝑩𝑪𝑫'𝒔 𝑹𝒆𝒔𝒐𝒖𝒏𝒅𝒊𝒏𝒈 𝑺𝒖𝒄𝒄𝒆𝒔𝒔 𝒂𝒕 𝒕𝒉𝒆 𝑷𝒍𝒖𝒈 𝒂𝒏𝒅 𝑷𝒍𝒂𝒚'𝒔 𝑭𝒐𝒐𝒅 𝒂𝒏𝒅 𝑩𝒆𝒗𝒆𝒓𝒂𝒈𝒆 𝑨𝒄𝒄𝒆𝒍𝒆𝒓𝒂𝒕𝒐𝒓 𝑮𝒓𝒂𝒅𝒖𝒂𝒕𝒊𝒐𝒏 𝑬𝒗𝒆𝒏𝒕 BCD, a pioneering startup in the realm of AI-driven food formulation, recently made waves at the Plug and Play Tech Center Food and Beverage Spring 2024 Accelerator Batch in Alberta, Calgary. Led by the visionary Indraganti, BCD's groundbreaking platform garnered tremendous acclaim and sparked a flurry of conversations with fellow startups and industry leaders. A Disruptive Solution for the Food Industry: BCD's AI-driven food formulation platform is poised to revolutionize the way food products are developed and formulated. By harnessing the power of artificial intelligence and machine learning, BCD's platform streamlines the complex process of ingredient selection, recipe optimization, and product development. This cutting-edge technology empowers food manufacturers to create innovative, nutritious, and sustainable products with unprecedented speed and precision. During the startup pitch event, Vinay Indraganti captivated the audience with his compelling presentation, showcasing the transformative potential of BCD's platform. His insights into the challenges faced by the food industry and the innovative solutions offered by BCD resonated deeply with the attendees. Igniting Conversations and Forging Connections: The event proved to be a fertile ground for BCD to engage with a diverse array of stakeholders in the food and beverage industry. Conversations ranged from exploring potential collaborations and partnerships to discussing the practical applications of BCD's platform in addressing specific challenges faced by food manufacturers. The team's expertise and passion for revolutionizing the food industry were palpable, sparking lively discussions and fostering a sense of excitement among the attendees. Paving the Way for a Sustainable and Innovative Future: BCD's resounding success at the Plug and Play Tech Center Food and Beverage Accelerator Batch underscores the growing demand for innovative solutions that can transform the food industry. By leveraging cutting-edge AI technology, BCD is poised to drive significant advancements in product development, nutritional optimization, and sustainability. The overwhelmingly positive response from industry peers and potential partners solidifies BCD's position as a trailblazer in the field of AI-driven food formulation. With a strong foundation built on innovation, expertise, and a commitment to revolutionizing the food industry, BCD is well-positioned to shape the future of food production and consumption. #AIForFood BCD iLabs AI For Food Satya Nadella Michael Walton George Lenhart Ravi K. Jeff Winter M12, Microsoft's Venture Fund Anand Shah Kimbal Musk Biz Stone Vinod Khosla Elaine Watson Christine Hall Plug and Play Tech Center Karl Mehta Chamath Palihapitiya Cory Olishansky Gopal Krishna Agarwal

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