Delhi NCR-based Dukaan tech startup Daalchini has raised $4 Mn in its Series A round from Unicorn India Ventures. Existing investors Artha Venture Fund, Investco’s Ajay Kaul and Paytm’s Vijay Shekhar Sharma also participated in the round.
According to the startup, this is the largest round raised by a company in the smart vending segment.
The startup plans to use the funds to expand its industry footprint and tech capabilities, making the vending machines available to over 10 Mn retail points in India and offering products from 450+ F&B D2C brands.
The startup was launched in 2017 by former Paytm executives Prerna Kalra and Vidya Bhushan. Daalchini offers automated kiosks for mobility (order cab), food delivery and packaged food (vending machines).
