Results · Commerce & Consumer Brands
Daalchini doubles revenue, plans machine expansion
By Startup Enthusiast ·
- Date
- Company
- Daalchini
- What it does
- Smart vending machine operator
- Kind
- Results
- Founded
- 2017
What they do
Daalchini operates cashless smart vending machines for snacks and beverages
What happened
It reported FY26 operating revenue of ₹140 Cr, double from ₹70 Cr in FY25
Why it matters
The company plans to raise fresh capital and expand to 8,000-11,000 machines by FY27
The details
- Daalchini announced its FY26 financial results.
- Operating revenue reached ₹140 Cr, doubling from ₹70 Cr in FY25.
- EBITDA (earnings before interest, taxes, depreciation, and amortisation) was ₹21 Cr, up 5.7 times from ₹3.7 Cr.
- The company posted a net profit of ₹2.5 Cr in FY25, compared to a loss of ₹8.6 Cr the prior year.
- It operated 5,500 vending machines at the end of FY26, a 62% increase from 3,400 in FY25.
- Daalchini targets 8,000-11,000 machines by FY27 and has already deployed over 500 new machines recently.
- A Supreme Court ruling on human hygiene product vending machines in workplaces has boosted enterprise orders.
The bigger picture
- The results show strong growth in revenue and profitability for Daalchini.
- The company did not raise any fresh equity in FY26 and plans to raise capital in a mix of equity and debt.
- It previously secured about ₹7 Cr in debt from institutions including State Bank of India.
- Total funding to date is over $5 Mn from investors like Unicorn India Ventures and Artha Venture Fund.
About the business
- Daalchini was founded in 2017 and operates cashless smart vending machines.
- The machines dispense snacks, beverages, and other products.
- Its payment and software stack is more advanced than global peers.
- The company learns from China and Japan on hardware design.
- Machines are deployed across 4,100 stores in 110 Indian cities.
What happens next
- Daalchini plans to raise fresh capital in a mix of equity and debt.
- It targets deploying 8,000-11,000 machines by FY27.
- It has already deployed over 500 new machines recently.
The deal
- Type
- results
Investors
- Unicorn India Ventures (existing) — An early-stage venture capital firm.
- Artha Venture Fund (existing) — A venture capital fund.
- ICICI Securities (existing) — A financial services company.
- VSS Investco (existing) — An investment firm.
Founders
- Prerna Kalra, Cofounder and CEO
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