OurFood is a technology driven agribusiness platform that is on a mission to decentralize the food processing industry.
Basic Information
OurFood is a technology driven agribusiness platform that is on a mission to decentralize the food processing industry with an innovative farmer adoption and engagement supply-chain platform, based in Telangana, Andhra Pradesh, Madhya Pradesh, Maharashtra and Karnataka. They are disrupting the traditional centralized food processing industry by establishing a network of "Farmer Franchises" that deploy new age, low cost micro-processing units with the help of rural entrepreneurs to process the raw material at the farm gate. Their Technology driven farmer franchising platform is adding value to farm produce using low cost food processing equipment (dal mill, groundnut mill, chilli powder mill, etc.) and connecting the B2B buyer for better price realization. Their salient features: Processing - They provide low cost processing equipment along with financial assistance so that the farmer has a market ready product to sell in the market; Price - They eliminate the middlemen in the supply chain thus reducing the transactional costs and providing the best price to the farmer and consumer; Accessibility - They bridge the gap between the farmers and consumers through our platform thus reducing wastage, lead time and operational inefficiencies.
Legal Name
:
Our Food Private Limited
Headquarters
:
Hyderabad, Telangana, India
Founding Date
:
2016
No. of Employees
:
<10
Core Team
:
1.
Bala Reddy
Co-Founder & CEO
2.
Shashikanth Menchu
Co-Founder
3.
Raghu Prasad Mulukoju
Co-Founder
Funding
Total Funding
$200.0k
Investors
:
1.
3Lines
2.
10,000 Start-Ups
Round 1
$6M
Series Name
:
OTHER
Date
:
27th Jan 2022
Investors
:
1.
3Lines
2.
C4D Partners
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