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Business Plan Competition
worldfoodindia.in

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Investments

3

Portfolio Exits

1

About World Food India

World Food India is a competition instituted by the Ministry of Food Processing in collaboration with CII and Yes Bank.

World Food India Headquarter Location

India

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Latest World Food India News

FSSAI backed Oak Analytics gets Start Up award at food event - Times of India

Nov 7, 2017

FSSAI backed Oak Analytics gets Start Up award at food event Top Searches: FSSAI backed Oak Analytics gets Start Up award at food event New Delhi, Nov 5 () Oak Analytics, which uses AI and machine learning to work in the area of food safety, has been named as the winner of 'Start Up' award at the World Food India 2017. The other two winners included Intello Labs and YCook. PTI | Nov 5, 2017, 20:22 IST New Delhi, Nov 5 () Oak Analytics, which uses AI and machine learning to work in the area of food safety, has been named as the winner of 'Start Up' award at the World Food India 2017. The other two winners included Intello Labs and YCook. The awards -- instituted by the Ministry of Food Processing in collaboration with CII and Yes Bank -- were given by President Ram Nath Kovind today. Based on the discovery by Indian Nobel laureate C V Raman, Oak has combined spectral analysis with artificial intelligence and machine learning techniques to move expensive laboratory testing into the field for instant molecular authentication, FSSAI said in a statement. The device from Oak Analytics -- RAMAN -- provides inspectors and brand owners with a fool-proof and instant method of field testing products for adulteration and counterfeiting, it added. Mentored and supported by the Food Safety and Standards Authority of India (FSSAI), Oak has conducted hundreds of verification tests at FSSAI approved labs and major Industry partners. This low-cost, advanced, quick and non-invasive technology has potential to reduce losses worth billions of dollars due to food fraud globally, the statement said. Oak Analytics aims to address the USD 1.2 billion rapid testing market. Intello Labs has developed computer vision-based solutions for agriculture problems, while YCook has developed technology that extends the shelf life of food without any additives or preservatives. SR BAL (This story has not been edited by timesofindia.com and is auto–generated from a syndicated feed we subscribe to.) ReadPost a comment

World Food India Investments

3 Investments

World Food India has made 3 investments. Their latest investment was in Y-Cook as part of their Biz Plan Competition on November 11, 2017.

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World Food India Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/7/2017

Biz Plan Competition

Y-Cook

Yes

2

11/7/2017

Biz Plan Competition

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10

11/7/2017

Biz Plan Competition

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10

Date

11/7/2017

11/7/2017

11/7/2017

Round

Biz Plan Competition

Biz Plan Competition

Biz Plan Competition

Company

Y-Cook

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Amount

New?

Yes

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Co-Investors

Sources

2

10

10

World Food India Portfolio Exits

1 Portfolio Exit

World Food India has 1 portfolio exit. Their latest portfolio exit was Y-Cook on April 18, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/18/2022

Corporate Majority

$99M

3

Date

4/18/2022

Exit

Corporate Majority

Companies

Valuation

$99M

Acquirer

Sources

3

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