ACT For Environment welcomes Greenpod Labs to its portfolio

Food waste is a global challenge with alarming environmental implications. It accounts for a staggering 10% of global greenhouse gas emissions, surpassing even the aviation industry’s carbon footprint. In India alone, nearly 40% of fresh produce is lost post-harvest due to inadequate storage and transportation, further exacerbating the problem. This waste not only contributes to climate change but also represents a significant economic loss.
Greenpod Labs is tackling this challenge of food waste with its innovative biotech solution. By harnessing the power of biomimicry, they have developed a patented sachet that when placed in crates during transportation, significantly extends the shelf life of fruits and vegetables. This innovative approach has the potential to revolutionise the food supply chain, reducing waste and its associated environmental impact.

Greenpod Labs’ technology leverages natural plant extracts to activate the inherent defence mechanisms of fruits and vegetables, slowing down the ripening process and preventing microbial spoilage. Their product has already demonstrated remarkable success, extending shelf life by 40-80%. Since its commercial launch, Greenpod Labs has demonstrated strong progress by conducting more than 200 B2B commercial pilots. Their solution has already prevented an estimated 20% of food waste, resulting in the abatement of approximately 1,000 tons of greenhouse gas emissions. With ambitious plans to expand their product line and market reach, Greenpod Labs is projected to mitigate 400,000 tons of greenhouse gas emissions within the next three years.

ACT For Environment is supporting Greenpod Labs to accelerate the product development of 2 high-demand products – Strawberry and Grapes – which will help them go to market in time for the upcoming season to rapidly enable market expansion. Our funding will enable them to use specialised equipment that will help measure product efficacy and influence 7x faster product development.

We are excited to partner with Greenpod Labs on this journey and are confident that their innovative solutions will play a pivotal role in creating a more sustainable and resilient food system for India and beyond!

ACT Capital Foundation For Social Impact is a not-for-profit company incorporated and registered under Section 8 of the Companies Act, 2013. All donations made to ACT Capital Foundation are eligible for income tax deduction under Section 80G of the Income Tax Act.

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