<ul><li>India's vending machine market is growing rapidly, projected to expand at a CAGR of 14.9% from 2020 to 2026.</li><li>Daalchini Technologies, a leading player, has installed over 2,500 smart vending machines in 80 cities, achieving a 123% CAGR over the last eight quarters. The startup offers a diverse range of products, including fresh snacks and wellness items, through cashless and app-based systems.</li><li>Daalchini’s revenue surged from Rs 12 crore in FY22 to Rs 42 crore in FY24, aiming for Rs 100 crore by fiscal year-end. The company plans to expand from 1,600 to over 5,000 outlets in the next 12-18 months.</li></ul>

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

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