B2B beverage brand Dwija Foods bags Rs 5.15 crore in funding led by Negen Capital AIF
- ByStartupStory | August 22, 2022
Dwija Foods, a Mumbai-based B2B beverage vending company, has announced the completion of its first institutional funding, headed by Negen Capital AIF, for a total of Rs 5.15 crore. The consultants for this fundraising effort are Indorient Financial Services.
Dwija procures its own tea and coffee, and it has created a variety of in-house blends to give consumers the feeling of drinking something they prepared themselves while at work. Dwija Foods claims that all of their machines are “Made in India,” despite the fact that the firm invests heavily in research and development for brewing technology, contactless vending systems, and IoT enablement.
The Blacksoil Group, Google, Tata Capital, HDFC Bank, and Turtlemint are just a few of the notable corporate and MNC clients that the company claims it now works with. There are also more than 150 customers, according to the company. More than 600 vending machines have been installed by the company, and 400 more are on the way.
About Dwijaa
Dibakar Chatterjee, Jayati Chatterjee, and Shailesh Pardeshi formed Dwija in January 2020. Through their brand ‘XTC,’ Dwija offers tech-enabled brewing that is focused on giving businesses a variety of options for tea, coffee, and related beverages. The business takes pleasure to provide direct and distributor channels to corporate clients and hotels around the nation.
Follow Startup Story
Related Posts
