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Home-cooked food provider Daalchini Tech to raise $8-M growth capital

Business Standard  

Delhi-NCR based food-tech startup Daalchini Technologies plans to raise USD 8 million (around INR 58 crore) in the next 2-3 years to support its growth plans. The company provides home cooked food through IoT-enabled vending machines. Daalchini claims to have over 440 stores in 10 cities with more than 1.4 lakh monthly active-users. It has over 190 franchises, 100 brands and more than 34 cloud kitchens selling on its platform. The s startup has raised INR 11 crore over the last two years from Artha Venture Fund and a few angel-investors.