Every year, fruits and vegetables worth ₹92,000 crores get spoilt in our country because of not getting to know the quality at the correct time.
Almost all the food products seem to be of good quality, but we do not see the quality inside.
All the operations related to fresh food management, the decision of when to sell and what food commodities, which commodity lot will get rotten first, and what price should it be sold are all based on predictions.
About Founders and Company
Qzense Labs is a Karnataka-based Agritech startup founded in 2019 by Rubal Chib and Dr Srishti Batra.
Rubal comes from an engineering background. She is a certified Electrical engineer and has ten years of expertise in IoT. On the other hand, Srishti has done a PhD. In Computational Biology, and is specifically food data.
Both the girls analyzed the problem of food wastage. And the main reason for the problem is that people are not aware of it. So, they decided to create a device that could help solve this problem.
Objectives
The founders of Qzense Labs aim to lessen the loss of farmers and retailers in our country. They believe that informed decisions with proper data can reduce wastage and help solve many problems and inefficiency related to cold food chains in India.
They mainly aim at the retailers, exporters, wholesalers, and not consumers because they know that the device’s efficiency will be less there.
Q-scan is a patented technology device completely developed in India by Qzense Lab. This device lets you know the quality of your food product (mainly fruits and vegetables) from the inside with 95% accuracy using a completely non-disruptive method.
Shortly, they are looking for a much more automated system with higher speed and higher numbers that can be worked upon in the supply chain.
They are also looking in the adjacent market of the fresh food system because that is a crucial sector that faces the problem of assuring the quality.
Read More About – Qzense Lab
Functionality
This device works with a single click. It works like a simple thermometer, which checks the quality. After targeting the product, either a red or green light is lit.
The green light indicates that the product is good to eat and is fresh from the inside. At the same time, red light means that the product is rotten from inside and cannot be eaten.
The devices work on technologies like Spectroscopy and artificial olfaction. Along with the quality, it indicates the bricks, stage, total soluble sugar content, etc., of the product as well.
Globally, these technologies exist, but there is no effective solution yet. Qzense Labs has added intelligence to it along with promoting the device because in India, at a selling price of Rs. 45,000-50,000 is too high.
Investors and funds
Qzense Labs has raised a fund of $868.2K (roughly ₹6,45,67,482)
Investors like 9unicorn Accelerator fund, SOSV, HAX, Entrepreneur first, Lumis partners, Manish Modi, The Chennai Angels, Venture Catalyst, and Vedant Loyalka have funded this company.
Sales and Plans
They plan to digitize a complete warehouse and process full quality control for customers. They wish to be the fresh food management sector leader globally and capture the major south-east Asian regions in the coming years.
Currently, they have done 5 deployments. 3 in Bengaluru, 1 in Mumbai, and 1 in Kinnore for apple exporters. They are planning to deploy over 5,000 devices within and outside India soon They have made sales of more than 15-20 lakhs.
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