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(Lotte Wellfood) |
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Lotte Wellfood Co. announced Tuesday that it will spin off its third in-house startup, R&G Company, which specializes in creating customized grain blends.
My Grain, R&G Company’s flagship product, offers five tailored grain combinations based on customer preferences.
The startup was designated as an internal startup in April last year and has since received consulting services from Lotte Ventures Corp.
Lotte Wellfood launched its in-house startup program in 2021 to promote entrepreneurship and innovation at a corporate level.
The program provides winners with funding and various benefits, including the opportunity to spin off as independent businesses.
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