Retail tech startup Daalchini’s operating revenue for the fiscal year FY26 doubled to ₹140 Cr from ₹70 Cr in FY25, cofounder and CEO Prerna Kalra told Inc42. 

Kalra said that Daalchini’s EBITDA for the fiscal surged by 5.7X to about ₹21 Cr in FY26 from ₹3.7 Cr in FY25. She did not disclose the exact PAT numbers for the fiscal. The startup turned profitable in the fiscal year FY25, reporting a net profit of ₹2.5 Cr against a loss of ₹8.6 Cr.

Daalchini ended FY26 with about 5,500 vending machines, up 62% from 3,400 machines in FY25. Moving forward, the startup is targeting aggressive expansion and aims to scale its network to 8,000-11,000 machines by FY27.

To this extent, Kalra claims that Daalchini has already deployed over 500 such machines in recent months and is ramping up inventory to meet demand.

Besides, as per Kalra, Daalchini is also witnessing a new demand tailwind following a recent Supreme Court ruling around human hygiene product vending machines in workplaces, which has led to a surge in enterprise orders. 

Although the startup did not raise any fresh equity funding in the fiscal to fuel the expansion, it is planning to raise fresh capital in a mix of equity and debt moving forward. In the previous fiscal, Kalra said that Daalchini secured around ₹7 Cr in debt from institutions including the State Bank of India. 

The startup has raised over $5 Mn in funding from investors like Unicorn India Ventures, Artha Venture Fund, ICICI Securities and VSS Investco. 

Founded in 2017, Daalchini operates a network of fully cashless smart vending machines offering snacks, beverages, and other products. The startup claims its payment and software stack is more advanced than global peers, even as it continues to learn from markets like China and Japan on hardware innovation. Daalchini has deployed its vending machines across 4,100 stores in 110 Indian cities till date.

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