In response to this pressing need, Akshaye Jalan founded Xume, a startup dedicated to helping consumers make informed food choices. Xume evaluates packaged groceries based on over 60 health parameters, providing detailed insights and personalized health scores to users.
In today’s fast-paced world, where convenience often takes precedence over quality, the packaged food industry in India has thrived, offering a plethora of products catering to taste preferences but often neglecting nutritional needs. A recent study by the George Institute of Global Health at Oxford has shed light on the alarming health implications of packaged foods in India, revealing them to be among the unhealthiest globally.
Identifying the Challenge
The allure of quick, ready-to-eat meals and snacks is undeniable, but the cost to health is frequently overlooked. Consumers face a dual challenge: navigating options high in trans fats, sugars, and preservatives while grappling with complex labels and misleading marketing. This issue is compounded by a cultural shift towards convenience eating and a lack of awareness about nutritional content, leading to a paradoxical desire for healthy eating amidst increasing consumption of unhealthy packaged foods.
Introducing Xume
In response to this pressing need, Akshaye Jalan founded Xume, a startup dedicated to helping consumers make informed food choices. Xume evaluates packaged groceries based on over 60 health parameters, providing detailed insights and personalized health scores to users. This innovative platform aims to bridge the gap in understanding and empower individuals to make healthier dietary decisions.
Founder’s Journey
Akshaye Jalan’s entrepreneurial journey began in 1999 with Elganza Furnishings, followed by the co-founding of Bumblebees a decade later. Inspired by a personal experience involving his father’s heart attack despite a seemingly healthy lifestyle, Jalan delved into nutrition labels and ingredients, laying the groundwork for Xume’s development over eight years.
Xume’s Operation
Xume’s flagship app simplifies the process of deciphering food labels by allowing users to scan product barcodes for detailed ingredient breakdowns and personalized health scores. Leveraging AI technology, Xume curates a database of over 100,000 products, 10,000 ingredients, and 3,500 brands to provide users with actionable insights and recommendations for healthier alternatives.
Revenue Model
Xume adopts a subscription-based revenue model for individual users, offering ‘Pro’ subscriptions with enhanced features such as personalized recipes and access to masterclasses. Additionally, the startup generates revenue through B2B partnerships with healthcare and insurance companies, integrating its grocery-scoring intelligence into their offerings to promote healthier lifestyles among consumers.
Future Outlook
While Xume continues to enhance its B2C offering and solidify B2B partnerships, its future plans include expanding its database, refining AI capabilities, and exploring additional revenue streams such as advertising or premium B2B services. With its commitment to promoting nutritional awareness and facilitating healthier eating habits, Xume is poised to make a significant impact in the food industry and preventive healthcare ecosystem.