India, April 2 -- On the back of a robust uptick in its top line, retail tech startup Daalchini managed to bring down its loss to below INR 10 Cr in the fiscal year ended March 31, 2024 (FY24). The startup's net loss declined 32% to INR 9 Cr from INR 13.3 Cr in FY23.

The vending machine provider's operating revenue jumped 56% to INR 18.3 Cr in FY24 from INR 11.7 Cr in the previous fiscal year. Including other income of INR 14.7 Lakh, the company's total revenue rose to INR 18.5 Cr in the year under review.

The startup, which was founded by ex-Paytm executives Prerna Kalra and Vidya Bhushan in 2017, has made a name for itself in the vending machine industry.

Daalchini's IoT-based smart vending machines, which are present across 2,600 st...