GreenPod Labs
Chennai, Tamil Nadu, India
Team size: 11 - 50
Sector: Food and agriculture
About GreenPod Labs
Company revenue: US$ < 1 million
Investors: Indian Angel Network, Rockstart
Company stage: Seed
Despite India being the 2nd largest producer of fruits and vegetables, 40% of it is lost before it reaches the consumer. The economic loss of food waste costs the country $12 Billion. The primary causes of the losses are poor storage and transportation facilities. The company has developed an active packaging sachet that can extend the shelf life of fruits and vegetables. The product comprises of nano-encapsulated plant extracts that can naturally slow down the ripening rate and minimize the microbial attack.