VC Fund Investments
Retail tech startup Daalchini raises $4-M led by Unicorn India Ventures
Daalchini, a Noida-based retail tech startup, has raised USD 4 million in its Series A funding round led by Unicorn India Ventures. The round also saw participation from existing backers like Artha Venture Fund, Ajay Kaul – former CEO of Dominos India, and VSS Investco (the investment vehicle of Vijay Shekhar Sharma – CEO of Paytm). Founded by ex-Paytm executives Prerna Kalra and Vidya Bhushan, Daalchini sells snacks and home-style meals through automated kiosks, mobility retails, and vending machines. Currently, the Daalchini app claims to have more than 2 lakh monthly active users and the startup is present in more than 20 cities in India. The company aims to establish its footprints at every 200 meters of habitable area with its autonomous smart stores and vending machines.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
