Daalchini Technologies Pvt. Ltd.
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Daalchini Technologies Pvt. Ltd. - overview
Established
2017
Location
New Delhi, Delhi, India
Primary Industry
Retail
About
Daalchini Technologies Pvt. Ltd. operates advanced digital vending machines, offering around-the-clock access to a variety of snacks and healthy meal options in workplaces and public spaces, enhancing food accessibility. Founded in 2017, Daalchini Technologies Pvt.
Ltd. is based in New Delhi, India. The company focuses on innovative vending solutions. In September 2022, it raised USD 4 million in Series A funding led by Unicorn India Ventures, with Artha Venture Partners participating.
The founders, Prerna Kalra and Vidya Bhushan, have brought their experience to create a unique business model. The company has successfully completed 5 deals and has been operational in over 80 cities including major hubs like Delhi and Mumbai. Daalchini specializes in modern digital vending machines that provide 24/7 access to a diverse range of snacks and beverages, including healthy meal options. The company aims to address the need for convenient, on-the-go food consumption in various environments such as offices, colleges, co-working spaces, hospitals, and gyms.
Their vending machines are designed to cater to the dietary needs of employees and consumers who seek nutritious choices, thereby promoting healthier eating habits. The machines feature a user-friendly interface that supports multiple payment options, including cards and mobile wallets. Daalchini’s services are currently operational across over 80 cities in India, including major metropolitan areas such as Delhi, Mumbai, Bangalore, and Hyderabad, serving a wide customer base that includes individuals, businesses, and educational institutions. In 2023, Daalchini reported a revenue of USD 1,458,287 and an EBITDA of USD -1,192,874.
4. Following its most recent funding round in September 2022, Daalchini Technologies Pvt. Ltd. plans to enhance its technological capabilities and expand geographically.
The company aims to introduce new products to its vending machines, focusing on healthier food options. Additionally, they are targeting further expansion into new markets across India, leveraging the funding raised to support these initiatives.
Current Investors
Artha Venture Partners, Unicorn India Ventures
Primary Industry
Retail
Sub Industries
Food, Retail, Food & Beverage Distribution
Website
www.daalchini.co.in
Verticals
E-commerce, IoT (Internet of Things), Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
Daalchini Technologies Pvt. Ltd. - financials
| Fiscal Year Ended | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 533,322 | 5,803,159 | 58,550,033.1 | 50,081,311.3 | - | - | - |
| % Revenue Growth (YoY) | - | 988.1% | 908.9% | (14.5%) | - | - | - |
| EBITDA (USD) | (1,394,905) | (5,822,484) | (24,307,363.3) | 45,010,544.6 | - | - | - |
| Operating Income (USD) | (1,514,855) | (7,186,163) | (25,532,430.7) | 43,704,020.4 | - | - | - |
| Operating Margin | (284.0%) | (123.8%) | (43.6%) | 87.3% | - | - | - |
| % EBITDA Margin | (261.6%) | (100.3%) | (41.5%) | 89.9% | - | - | - |
| NET Income (USD) | (1,514,855) | (7,186,163) | (16,325,609.7) | (32,464,652.4) | - | - | - |
| % Net Margin | (284.0%) | (123.8%) | (27.9%) | (64.8%) | - | - | - |
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