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September 18, 2022

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Culinary Digital, an established US-based food technology SaaS company, part of the Fulcrum Group, has launched a state-of-the-art food technology platform for the Indian market to address critical issues such as food waste and food security.

With more than two decades of proven industry experience and a range of culinary products, the company works with leading food service providers and food management companies in the US. Food service providers serve more than 1.5 million meals a day on the Culinary Digital platform. The company is now on a mission to disrupt the Indian hospitality industry by launching its advanced SaaS platform tailored to the Indian market and its consumers. With this expansion, Culinary Digital aims to quadruple the number of transactions on the platform – from 1.2 million currently to over 4.5 million in the next 2 years.

According to industry reports, India loses more than INR 92,000 annually due to food waste. To counter this persistent challenge and distribute food that would otherwise go to waste, the Government of India through the Food Safety and Standards Authority of India (FSSAI) has launched the Save Food, Share Food, Share Joy campaign. In addition, the country is seeing a greater increase in food-related illnesses and disorders in children and adults. Some estimates suggest that up to 3 percent of Indians may already have food allergies, resulting in approximately 30,000 medical emergencies and 100 to 200 deaths each year. Therefore, an urgent call for action to tackle this persistent problem is necessary.

The recently concluded I2U2 summit, addressed by the leaders of India, the US, the UAE and Israel, highlighted the importance of food security as one of the key areas. A USD 2 billion food security initiative to develop a series of integrated food parks across India was unveiled at the summit.

Culinary Digital stepped in at an opportune moment to help bolster the ongoing efforts of the government and various health organizations. The platform is a secure, robust and highly available software delivered as a service via web and mobile that can be configured, customized and integrated to meet different business requirements. By leveraging these features, the company aims to streamline end-to-end business operations for food service providers and food management companies and help reduce food waste and total cost of ownership.

Commenting on the launch in India, Abilash Krishnaswamy, Vice President of Products at Culinary Digital said, “From creating customized nutritional meals/menus to managing food waste, there are many innovations happening in food technology. However, the Indian food industry is somewhat fragmented and underserved. Current gaps in the logistics supply chain are causing a lot of food waste in India, which requires immediate attention and remedial measures. Optimizing the packaging and harvesting process that food goes through before reaching the final consumer is a major issue for many developing countries, including India.”

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