After 3.5X revenue growth in 2 years, this vending machine startup is integrating AI in retail

Quick Summary:

Founded in 2018 by ex-Paytm executives Prerna Kalra and Vidya Bhushan, Daalchini Technologies is implementing data-driven solutions and AI models to offer products through automated retail and smart vending machines.

The Delhi-based startup strategically places vending machines in public places, including metro stations, high transit points, malls, IT parks, etc, to target busy commuters, working professionals, students, and residential communities.

Daalchini’s major revenue comes from products sold through the vending machine, attributing 40% to the topline.“We earn through the margins on the products we sell, which range from 12% to 45%,” she says.

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Article Details

Author / Journalist: Trisha Medhi

Category: StartupsEconomyBusiness

Markets: India

Topics: Retail Company Revenue Daalchini Kalra Machine Vending Products Including Machines Outlets

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 01:30:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1172 words

Reading Time: 7 minutes read

Sentences: 50 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23386989

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