Mumbai-based B2B beverage vending company, Dwija Foods has announced its raised INR 5.15 crore in a maiden funding round led by Negen Capital AIF. Indorient Financial Services are the advisors to this fundraiser.
Dwija Foods claims to have all machines manufactured in India, despite the fact that the company makes significant investments in R&D for brewing technology, contactless vending solutions, and IoT enablement.
Dwija makes its own tea and coffee and has curated a variety of in-house blends to provide customers with the opportunity to enjoy a homemade beverage at work.
Founded in January 2020 by Dibakar Chatterjee, Jayati Chatterjee, and Shailesh Pardeshi, Dwija provides tech-enabled brewing focussed on delivering a wide range of choices in tea, coffee and adjacent beverages to enterprises through their brand ‘XTC’. The company prides itself on servicing corporates and the Horeca business model across the country through direct and distributor channels.