IAN, Michelin to launch logistics initiative

Mumbai: Indian Angel Network (IAN) together with tyre-maker Michelin has started a logistics initiative which aims to make movement of produce from farms to markets more efficient.

The initiative — Farm to Market Logistics (F2ML) — is an incubator managed by IAN, a network of angel investors investing in start-ups and early stage ventures, and supported by Michelin.

Faster Supply

It will seek ideas that will help make the food supply chain generate less waste through new practices, behaviours and solutions, the company said in a statement.

Shortlisted innovators and entrepreneurs of this initiative will receive assistance on designing their products or services, building prototypes, customer validation and preparing the foundation for commercialisation of the idea.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.