Daalchini Technologies
Provides affordable, quality home-food instantly via smart vending machines.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
* | $4.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 50 % | 73 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Daalchini Technologies operates a network of smart vending machines across India, positioning itself as a physical marketplace for a variety of food and beverage providers. The company was established in 2017 by former Paytm colleagues Prerna Kalra and Vidya Bhushan. Kalra, with her background as the former head of mobile wallets at Paytm and experience at marquee financial institutions, brings extensive expertise in digital payments and scaling operations. Bhushan contributes a strong technological foundation from his previous leadership roles. Their combined experience has been instrumental in shaping Daalchini's technology-driven approach to automated retail.
The firm's business model centers on providing an alternative sales channel for home chefs, cloud kitchens, and direct-to-consumer (D2C) brands, enabling them to reach customers in high-footfall locations without the overhead of a traditional storefront. Daalchini's revenue is generated through the sale of products via its vending machines, which are stocked with a diverse range of items including snacks, beverages, fresh home-cooked meals, and healthy options. This model serves a wide client base, placing its machines in corporate offices, hospitals, educational institutions, and residential complexes. The company has expanded its footprint to over 20 cities, including major metropolitan areas like Delhi-NCR, Mumbai, and Bangalore.
The core of Daalchini's offering is its IoT-enabled smart vending machine. These units allow for cashless transactions and provide real-time data on inventory and sales, facilitating efficient supply chain management and demand forecasting. This data-driven approach allows the company to optimize product assortment for each specific location, ensuring that offerings are tailored to local consumer preferences. A significant milestone was the acquisition of Oye Kirana, a move aimed at strengthening its B2B supply chain and expanding its presence within residential areas. The company has successfully raised funds to fuel its expansion, with a notable funding round in 2022 intended to grow its network of smart vending machines and franchise partners.
Keywords: smart vending, automated retail, food-tech, IoT, D2C platform, physical marketplace, ready-to-eat meals, unattended retail, last-mile delivery, cloud kitchen