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.
India s overall exports (Merchandise and Services combined) in April-February 2020-21 are estimated to be USD 439.64 Billion, exhibiting a negative growth of - 10.14% over the same period last year. Overall imports in April-February 2020-21 are estimated to be USD 447.44 Billion, exhibiting a negative growth of - 20.83% over the same period last year. India s overall exports in February 2021 were USD 27.93 Billion, as compared to USD27.74 Billion in February 2020, exhibiting a positive growth of 0.67%. In Rupee terms, exports were Rs 2, 03,201.56 Crore in February 2021, registering a positive growth of 2.46%. Imports in February 2021 were USD 40.54 Billion (Rs 2,94,985.04 Crore), which is an increase of 6.96% in Dollar terms and 8.86% in Rupee terms over imports in February 2020. The trade deficit for February 2021 was estimated at USD 12.62 Billion as against the deficit of USD 10.16 Billion in February 2020, which is an increase of 24.14%. Taking merchandise and services together,