Daalchini raised Rs 5 Cr led by Artha Venture Fund
Updated: Aug 18
Daalchini, an IoT-enabled physical and digital vending machines startup, has raised Rs 5 crore in a pre-Series A round led by Artha Venture Fund (AVF).Some of the angel investors in this round include Ajay Kaul, former CEO of Jubilant Foodworks; Ashutosh Valani and Priyank Shah, Co-founders of Beardo that was recently acquired by Marico; Narendra Karnavat; Amit Lakhotia; and others.The startup said it will use the fundraise to expand its footprint to cover all metros and to increase its product portfolio.
Daalchini is a digital vending machine company that aggregates healthy, affordable, home-cooked meals through a network of smart vending machines deployed across Delhi, Chandigarh, Mumbai and Pune. The startup claims that it is bridging the gap of supply and demand unaddressed by providing a variety of cooked meals for under Rs 50 but 40 minutes faster than any food delivery app.