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Food tech startup Daalchini Technologies plans to raise growth capital

Food-tech startup Daalchini Technologies plans to raise growth capital of up to USD 8 million (around Rs 58 crore) in the next 2-3 years to support its growth plans. Daalchini Technologies, which provides home cooked food through IoT-enabled vending machines, is expecting an annual turnover rate of Rs 144 crore by the end of FY22. Daalchini plans to raise growth capital of up to USD 5-8 million in the next 2-3 years..As of now, we are planning to raise the growth capital and we are in early stage discussions with few prospective investors. As we adapt ourselves to the pandemic, we plan to raise fresh funds to expand our solution beyond 10 cities and the form-factor to more use-cases, Prerna Kalra, Co-founder and CEO, Daalchini technologies told PTI.

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