Agri-supply chain startup WayCool Foods has signed a three year MoU with Indian Institute of Technology, Hyderabad, to develop antimicrobial food packaging material by using biopolymers, the company said on Wednesday.
The objective was to develop an economically viable and biodegradable packaging that would retain the freshness of fruits and vegetable longs, leading to a reduction in food wastage across the supply chain by 20 per cent, the city-based company said in a statement.