This Vending Machine start up caught my eye today.
Daalchini – a vending machine start up closed the FY 22 with 12 crores in revenue.
With the digital retail space changing continuously, it’s interesting to look at what Daalchini is building with it’s tech-integrated Vending Machines.
Started by Prerna Kalra to solve a simple problem statement which she grew up observing – Daalchini is solving for an unacknowledged problem faced by retailers.
In India, most small retailers are at their stores for twelve or more hours. Waiting for their customers to arrive, without any surity if they’ll or not.
This is a huge pain point, coming from a family of traders and retailers – I’ve seen this personally too. Where no matter what, three-sixty-five days a year you come to the store at ten in the morning and sit until ten in the night.
Daalchini’s Vendor Machines provides a range of food and beverage options from over 160 brands through its smart vending machines. And you’d be surprised to find modern challenger brands like Sleepy Owl, Slurrp Farm, Yogapulp and Yoga Bar stocked in these machines. Along with FMCG giants like Dabur, Mars and Nestle.
The start up is already working with 800+ Vendor Machines which are owned by Daalchini’s franchise partners. As per a Techcrunch report, 98% of these machines are owned by franchise partners.
Daalchini’s Vending Machines claim to be suitable for both perishable and non-perishable items. And in one of the interviews, Kalra also mentioned that these Vending Machines have inbuilt capacities to read and keep a track of expiry dates.
The enterprise counts companies like EY, Byju’s, Reliance, Aditya Birla Group’s Hindco, Vodafone, Samsung and EY as partners who have installed Daalchini’s Vending Machines.
On 9th September 2022, Daalchini announced it’s Series A funding round (raised$4 million) led by Unicorn India Ventures with participation form existing investors – Artha Venture Fund, Ajay Kaul (Former, Domino’s India CEO), VSS Investco (Paytm’s Investment Vertical led by Vijay Shekhar Sharma)
- पार्ले जी बिस्कुट
- Is Brahmastra a commercial success?
- blob tree
- It dint start with you – Mark Wolynn | book review
- Will the Pitru Paksha impact sales across the country?