When founder Somdip Dey was a master’s student in computer science at the University of Manchester, his parents had a terrible car accident. He sent all the money back to his parents in India and helped them with their medical expenses, but then he faced a problem that is well known to too many. ??
“Fortunately, this happened around the beginning of the summer vacation, so many students moved in and literally dumped unopened food,” Day recalled. “I have noticed that there is too much waste that can be used by other people who may need it.”
This helped him continue to nourish during times of crisis, but as an AI researcher, he ponders how technology can help reduce food waste and feed hungry people. started. Dey founded the following companies to earn a master’s degree and a PhD from the University of Essex: Nosh Technologies With co-founder Suman Saha.
The Nosh app has about 13,000 users on Android and iOS and helps users record their grocery expiration dates and remind them to use what they buy before it goes bad.
The app uses AI to learn about user spending and waste habits and generate weekly analytics to help users reduce waste and save money in grocery stores. The app can scan barcodes and grocery receipts directly into the app, but users can also enter data manually. Then, when the contents of the user’s pantry and refrigerator are loaded into the app, the user can search for existing recipes online and use them up before the inventory is wasted.
In the future, Dey wants to offer a premium subscription. This includes access to AI to generate new personalized recipes based on the food at home.
“Our current users reported that using the app saved £ 40-50 a month, which could have been a waste,” Dey told TechCrunch.
As part of Startup alley Nosh unveiled the latest features at TechCrunch Disrupt, which is more in line with Dey’s original inspiration for the company.These include: Nosh Daily, The app’s companion blog, Nosh Shop, allows restaurants to sell foods that can quickly get worse at discounted prices.
By charging a 10% service charge, startups can start making some money — currently raising only £ 33,000 in pre-seed money and having nine employees. From that service fee, Dey says about 3% will be donated to a charity that fights food waste.
To Good To Go, also based in Europe, recently Raised $ 31.1 million To achieve the same goal as the Nosh Shop. However, Dey says Nosh is trying to differentiate itself by allowing restaurants to sell food at a higher price than To Good To Go. This motivates more restaurants to use the app (and in return reduces food waste). To Good To Go sells food at one-third of the original price, but Nosh Shop allows restaurants to up to 70% of the original price for meals that will soon be ruined.
This may help restaurants, but it’s up to the consumer to decide whether to pay for the food at a lower price than the discount.First, NoshShop will be deployed locally in a selected location in the UK
Nosh uses AI to help people and businesses cut down on their food waste – TechCrunch Source link Nosh uses AI to help people and businesses cut down on their food waste – TechCrunch
The post Nosh uses AI to help people and businesses cut down on their food waste – TechCrunch appeared first on California News Times.