Health-food vending machine startup Daalchini bags Rs 5 crore funding by Artha Venture Funds

Delhi-based Daalchini a food vending machine startups that provide healthy Indian breakfast and evening snacks options has raised Rs 5 crore in seed round led by Artha Venture Fund.

Investors like Ajay Kaul, former CEO of Jubilant Foodworks; Ashutosh Valani and Priyank Shah, Co-founders of Beardo that was recently acquired by Marico have also invested in the current round.

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“We look forward to learning from Ajay Kaul and focus on increasing ‘same-store-growth’, which might have been a challenge so far for vending machines that have a packaged supply chain,” said Vidya Bhushan, Co-founder, Daalchini.

Daalchini also caters to a variety of ready-to-eat Indian whole-wheat breads (Chappatis, Paranthas), anytime, anywhere.

It was founded by former Paytm employees Prerna Kalra and Vidya Bhushan in 2017.

The startup claims that it is bridging the gap of supply and demand unaddressed by providing a variety of cooked meals for under Rs 50 but 40 minutes faster than any food delivery app.

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“In a post-COVID world, Daalchini’s value proposition increases manifold. They provide affordable cooked meals, from clean environments, delivered just once a day inside your office premises, but one can eat at a time convenient to them. Their solution is a no-brainer for office owners and office-going employees,” said Anirudh A Damani, Managing Partner at Artha Venture Fund.