Product: Cooking Oil Spray (Formulated regular cooking oil dispensed in a spray form)
Industry: Vegetable oils, Cooking Oils
Location: Vijayawada, Andhra Pradesh
Registered in July 2009, the Company is being incubated in ICRISAT, Hyderabad. It aims to package vegetable oils in areosol cans so that consumers can spray the oil as a thin layer on to their cooking utensils. This reduces the consumption of oil while cooking, leading to a healthier diet. The Company has developed the technology to convert cooking oils into a sprayable suspension and is currently awaiting patent registration and FDA clearances. BR plans to launch different cooking oils as sprays once the requisite approvals are in place.
| Founder: Rami Reddy Bomma Reddy |
| Investors: MSME (Ministry of Small and Medium Enterprises), ICRISAT (International Crop Research Institute for Semi-Arid Tropics Hyderabad), TDB (Technology Development Board) |
| Investor: NirmaLabs, MSME Foundation, Angel investors |
| Mentor: Dr. Madhu Mehta (MD, Anjaleem Enterprises) |
| Key Clients: Pre-hospital emergency services, Hospitals |
| Top-Line: Pre-revenue stage |
| URL: axiobio.com |
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| Rami Reddy |
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