Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50
Sometimes the daily grind of surviving the drive back home can be rewarding and can result in a bright idea that leads to a new business.
For Indian entrepreneur Soniya Ashar, 29, the founder of NutriCal, which claims to be the UAE’s first food data intelligence company, this is certainly true. Ms Ashar listened to podcasts about successful entrepreneurs each day while on her way back home from her job in California.
Inspired by these success stories, she gave in to the temptation, quit her lucrative job at Avery Dennison’s business development and marketing department for America and Europe and flew back to Dubai, where she grew up, to strike out on her own.
"Despite so many positives at the workplace, there was a fire inside me to achieve more. I listened to the podcast How I Built This for nearly 45 minutes every day," she says.
"It gradually fanned that fire and motivated me to pack my bags and head back to Dubai and jump into the world of entrepreneurship.”
NutriCal – which is currently working with more than 50 restaurants, cafes, cloud kitchens, food brands and delivery companies in the UAE – helps its partners to calculate calories and nutrients in raw and cooked food.
Food outlets can publish NutriCal data on their menus to help their customers make informed decisions about their food intake.
“We provide nutritional fact labels as per the FDA [Food and Drugs Administration] guidelines in English and Arabic. Companies can also use NutriCal to create new products, conduct recipe costing and design relevant social media,” says Ms Ashar.
“We cater to the growing demand of healthy eating and immunity bolstering with the calorie count meter that helps customers to make a calculated decision.”
A healthier and more sustainable future is a central part of the UAE’s National Agenda for 2021. Dubai Municipality has unveiled several measures to encourage healthy eating habits in the emirate and is encouraging restaurants to display the calorie content of dishes – something that will become mandatory in a year's time.
These steps are meant to encourage restaurants to provide more nutritious options and give consumers the ability to choose food that suits their health status.
NutriCal’s system uses data compiled by the US Department of Agriculture and other international, as well as local databases on more than 25,000 ingredients. It uses its own algorithms to compute the results.
“Anything going into our system is first verified by our team of nutritionists and engineers to ensure the best results,” says Ms Ashar.
After completing her high school education in Dubai, Ms Ashar obtained a bachelor’s degree in business management from Manchester Business College in the UK.
She then joined the family business in Dubai for a few years before moving to the US to study for a master's degree in business administration at Boston’s Babson College.
“Good health and nutritious food have always been my passion ... I love eating and trying out new things in life. So, I started researching more about the food technology industry after moving back to Dubai [from the US] in February last year,” says Ms Ashar.
“I went through a bunch of business ideas, [made presentations] to business advisers in my network and after a lot of back and forth, I finally started NutriCal.”
The global food technology market is booming and is expected to reach $250.43 billion (Dh919bn) in next two years, based on a compound annual growth rate of 5.8 per cent between 2016 and 2022, according to US market intelligence and advisory company BIS Research.
A 2019 study by the University of Cambridge showed that restaurants that provide calorie information on their menus serve healthier food. Researchers examined 100 UK menus and found that restaurants that listed the nutritional details of their dishes offered food with 45 per cent less fat and 60 per cent less salt on average, compared with other restaurants.
NutriCal, which began operations with just three people in December 2019, has now expanded its workforce to 10 and is looking to hire more employees.
“We are looking for tech enthusiasts, data scientists, nutritionists and business development executives. We require more people on board soon to manage the growing demand in the market,” says Ms Ashar.
The start-up is currently focused on business growth instead of making a profit.
“We are at a stage where we have to invest our revenue back into the business. Our focus is more on developing the technology further and attracting increased traction on our platform,” says Ms Ashar.
“As a company, we are not concerned about profitability at this moment. We [have] a long-haul vision for NutriCal and we believe profit will start pouring in on its own if we are the best in the market. It will be the by-product of our hard work.”
Ms Ashar says Saudi Arabia is the “obvious choice” as the next big market the company wants to explore.
NutriCal plans to expand to the kingdom in the next few months and then to Azerbaijan, Lebanon and other GCC countries.
“For the time being, we want to focus only on the Middle East region as food businesses here are quite health conscious and we share the same philosophy,” says Ms Ashar.
“Ours is a tech product and we can deal with our partners while sitting in any corner of the world. So, borders are no limitations for us.”
Ms Ashar says she currently funds NutriCal but is looking for new investment and exercising caution in the selection of the right partners.
“We are self-sustaining but need fresh capital to expand in new markets and add more staff," she says.
"But we will not join hands with outside parties only for money ... we are looking for strategic partners who actually understand our vision and contribute to the growth.”
Q&A: Soniya Ashar, founder of NutriCal
Who is your role model?
There are many … but my father Umesh Ashar is the closest to my heart. Even at the age of 60, he oozes a lot of positive energy and is excited about every new business idea. He has the ability to find opportunities even in adverse conditions. I am really lucky to have him as a mentor and guide.
If you could change one thing in your entrepreneurial journey, what would it be?
There is nothing specific that I want to change. But, I have a sense of urgency all the time. I am very result-oriented and focused on achieving best outcomes. Therefore, I keep on reminding myself to be patient. After all, life is a marathon not a sprint.
Are you a born entrepreneur?
Yes, it is in my genes. I have seen my father come to Dubai with nothing and set up a successful venture in the fields of construction and oil and gas. I have seen him working hard and his traits have been passed down to me. But I wanted to gain some experience before starting my own venture that is why I completed my education and worked for about four years in a highly competitive environment in the US.
Did Covid-19 affect your business?
There were few initial hiccups as we saw many businesses shutting down or cutting costs. However, by the end of May, things returned to a state of normality for us and we saw good growth in business in the last couple of months. Many businesses are opting for our services because they want to be different in the industry.
Where do you see yourself after 10 years?
We will be a more diversified business, catering to the clients across the globe. Technology will be our strength and we will be using it to add an element of comfort and sustainability to the lives of businesses as well as consumers.
Why did you choose Dubai over the US to start your business?
Dubai has always been very liberal and growth-oriented. Its leadership is supportive and exemplary. Moreover, the food and beverage market is very dynamic here and one of the main drivers of the economy. So we see a huge room for growth.
What type of entrepreneur are you?
I am a team player and have an eye for detail. As an entrepreneur, I want everything perfect or in the best possible order. My philosophy is to do your level best without being concerned about the results.
How to vote in the UAE
1) Download your ballot https://www.fvap.gov/
2) Take it to the US Embassy
3) Deadline is October 15
4) The embassy will ensure all ballots reach the US in time for the November 3 poll
How tumultuous protests grew
- A fuel tax protest by French drivers appealed to wider anti-government sentiment
- Unlike previous French demonstrations there was no trade union or organised movement involved
- Demonstrators responded to online petitions and flooded squares to block traffic
- At its height there were almost 300,000 on the streets in support
- Named after the high visibility jackets that drivers must keep in cars
- Clashes soon turned violent as thousands fought with police at cordons
- An estimated two dozen people lost eyes and many others were admitted to hospital
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A%20QUIET%20PLACE
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MATCH INFO
What: India v Afghanistan, first Test
When: Starts Thursday
Where: M Chinnaswamy Stadium, Bengalaru
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Indoor cricket in a nutshell
Indoor Cricket World Cup - Sep 16-20, Insportz, Dubai
16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership
Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.
Zones
A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full
2.0
Director: S Shankar
Producer: Lyca Productions; presented by Dharma Films
Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey
Rating: 3.5/5 stars
MWTC
Tickets start from Dh100 for adults and are now on sale at www.ticketmaster.ae and Virgin Megastores across the UAE. Three-day and travel packages are also available at 20 per cent discount.
Company Profile:
Name: The Protein Bakeshop
Date of start: 2013
Founders: Rashi Chowdhary and Saad Umerani
Based: Dubai
Size, number of employees: 12
Funding/investors: $400,000 (2018)
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Voices: How A Great Singer Can Change Your Life
Nick Coleman
Jonathan Cape
Women & Power: A Manifesto
Mary Beard
Profile Books and London Review of Books
MATCH INFO
Alaves 1 (Perez 65' pen)
Real Madrid 2 (Ramos 52', Carvajal 69')
If you go
The flights
Etihad (etihad.com) flies from Abu Dhabi to Luang Prabang via Bangkok, with a return flight from Chiang Rai via Bangkok for about Dh3,000, including taxes. Emirates and Thai Airways cover the same route, also via Bangkok in both directions, from about Dh2,700.
The cruise
The Gypsy by Mekong Kingdoms has two cruising options: a three-night, four-day trip upstream cruise or a two-night, three-day downstream journey, from US$5,940 (Dh21,814), including meals, selected drinks, excursions and transfers.
The hotels
Accommodation is available in Luang Prabang at the Avani, from $290 (Dh1,065) per night, and at Anantara Golden Triangle Elephant Camp and Resort from $1,080 (Dh3,967) per night, including meals, an activity and transfers.
Nayanthara: Beyond The Fairy Tale
Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni
Director: Amith Krishnan
Rating: 3.5/5
THE DEALS
Hamilton $60m x 2 = $120m
Vettel $45m x 2 = $90m
Ricciardo $35m x 2 = $70m
Verstappen $55m x 3 = $165m
Leclerc $20m x 2 = $40m
TOTAL $485m
RESULTS
1.45pm: Maiden Dh75,000 1,400m
Winner: Dirilis Ertugrul, Fabrice Veron (jockey), Ismail Mohammed (trainer)
2.15pm: Handicap Dh90,000 1,400m
Winner: Kidd Malibu, Sandro Paiva, Musabah Al Muhairi
2.45pm: Maiden Dh75,000 1,000m
Winner: Raakezz, Tadhg O’Shea, Nicholas Bachalard
3.15pm: Handicap Dh105,000 1,200m
Winner: Au Couer, Sean Kirrane, Satish Seemar
3.45pm: Maiden Dh75,000 1,600m
Winner: Rayig, Pat Dobbs, Doug Watson
4.15pm: Handicap Dh105,000 1,600m
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer
4.45pm: Handicap Dh80,000 1,800m
Winner: King’s Shadow, Richard Mullen, Satish Seemar
Unresolved crisis
Russia and Ukraine have been locked in a bitter conflict since 2014, when Ukraine’s Kremlin-friendly president was ousted, Moscow annexed Crimea and then backed a separatist insurgency in the east.
Fighting between the Russia-backed rebels and Ukrainian forces has killed more than 14,000 people. In 2015, France and Germany helped broker a peace deal, known as the Minsk agreements, that ended large-scale hostilities but failed to bring a political settlement of the conflict.
The Kremlin has repeatedly accused Kiev of sabotaging the deal, and Ukrainian officials in recent weeks said that implementing it in full would hurt Ukraine.
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COMPANY%20PROFILE
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Company Profile
Company name: NutriCal
Started: 2019
Founder: Soniya Ashar
Based: Dubai
Industry: Food Technology
Initial investment: Self-funded undisclosed amount
Future plan: Looking to raise fresh capital and expand in Saudi Arabia
Total Clients: Over 50