InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

The Live Green Co: they come from India and make 100% plant-based foods

InvestChile - October,8,2019

The firm plans to establish a factory in Chile to develop more healthy foods and, in the future, personal care products, such as creams, and household products such as detergents and dishwashing liquids.

Captura de pantalla 2019-10-08 a la(s) 15.45.34

For Priyanka Srinivas from the Indian city of Hyderabad, family tradition meant that food and medicines were directly associated with plants, vegetables, pulses and fruit. “That’s the base of the business,” she says. Together with Sasikanth Chemalamudi, she founded The Live Green Co, a company that uses artificial intelligence to make 100% plant-based foods that are tasty, healthy and environmentally sustainable.

With a team of engineers and biotechnologists, they designed software, known as Charaka, into which they incorporated a database of around 1,000 plants and their properties. “When we formulate products, it recommends 100% plant-based ingredients to replace preservatives and chemical additives,” says Srinivas. They already have two products: the Green Burger and Pancake mix, which are high in protein, fiber, minerals and vitamins. The vegetables come in a biodegradable sachet and, with the addition of a little water, can be shaped into a hamburger or pancake that then has to be cooked, also in water, for 2 to 3 minutes.

Srinivas and her partner brought their enterprise to Chile because it offers stable political and economic conditions and has free trade agreements with over 60 countries. “There is also important support for overseas entrepreneurs through the Start-Up Chile program and InvestChile, which facilitates the work of the investor, and through ProChile, which helps us show our products outside the country, because we want to use Chile as a platform for expanding to other countries in the region,” she says.

The Live Green Co plans to establish a factory in the O’Higgins Region to develop more healthy foods and, in the future, personal care products, such as creams, and household products such as detergents and dishwashing liquids.

According to the director of InvestChile, Cristián Rodríguez, The Live Green Co is an example of the type of overseas companies that Chile needs because, as well as investing, they create jobs and added value. “Using technology to make more nutritious and healthy foods is a global trend so it is good news that products of this type are being made in Chile and, from our country, exported to the rest of the region and - why not? - the world.”

To find out more about investment opportunities in Chile, see this article.

Source: Las Últimas Noticias

Visa tech esp

Topics: Foreign Investment in Chile- success stories- Food Industry- AI- Artificial Intelligence- The Live Green Co- Healthy Food

InvestChile

InvestChile

We are the government agency responsible for promoting Chile in the global market as a destination for foreign direct investment, serving as a bridge between the interests of overseas investors and the business opportunities the country offers and providing world-class services that are in line with the country’s economic development policies.

Previous Post

HIT Cowork: the Argentine company plans two more openings in Chile

Next Post

Microsoft to use spare TV bandwidth to take Internet to remote areas of Chile

NEWSLETTER

Subscribe to our newsletter

Receive in your e-mail publications and news about how to guide your investment project in Chile

Subscribe to Email Updates

100% Privacy. No Spam.

Related Posts

Visas and foreign citizens

We invite you to obtain a complete guide of residence laws and regulations for investors and foreign workers in Chile.
Learn More