Daalchini raised $4 million during it’s Series A round, which was led by Unicorn India Ventures, Artha Venture Fund and Paytm’s Ajay Kaul from Investco and Vijay Shekhar Sharma
It provides automated kiosks for mobility (order taxi) food delivery, as well as packaged food items (vending machines)
The company plans for expansion to reach 5K+ locations and generate INR 50 crore in revenue Delhi NCR-based Dukaan tech company Daalchini is raising $4 million through its Series A funding round led by Unicorn India Ventures.
Current investors Artha Venture Fund, Investco’s Ajay Kaul, and the Paytm’s Vijay Shekhar Sharma also participated in the round. The startup claims that this was the biggest round ever of capital raised by a company within the market of smart vending.
The startup intends to make use of the money to expand its market reach and its tech capabilities.