London, United Kingdom
Rice Inc Analysis:
Rice Inc, with the slogan "Creating a world where no grain is lost," is an award-winning social enterprise founded in 2017 and headquartered in the United Kingdom. Recognized by Forbes, Fortune, and BBC, the company is dedicated to combating world hunger and alleviating poverty through their sustainable rice brand - Paddi.
A compelling story lies within each grain of rice as every bowl of Paddi rice served contributes to saving another bowl of rice and 1.69kg of Co2e from being wasted. Rice Inc not only provides a high-quality product but also focuses on sustainability by reinvesting profits to build a zero waste, carbon-free, and ethical supply chain for smallholder rice farmers, aiming to empower them out of poverty.
The latest investment of $1.00M in a Seed Round was received on 15 September 2018 from the Hult Prize Foundation. This funding will likely further support their mission to create a positive impact on ending world hunger and poverty.
Rice Inc's unique approach to addressing social and environmental challenges, coupled with their impressive achievements and recognition, positions them as an innovative player in the fight against global food insecurity and poverty.
For more information, visit their Facebook page at www.facebook.com/TheRiceInc and Instagram at www.instagram.com/thericeinc.
