Dwija Foods Private Limited

Business Overview

• Dwija Foods Pvt Ltd is a Mumbai-based B2B beverage-vending startup founded in Jan 2020 by Dibakar Chatterjee, Jayati Chatterjee and Shailesh Pardeshi, per Tracxn - single source, partial.
• It provides tech-enabled brewing machines delivering tea, coffee and adjacent beverages to enterprises - offices, campuses, exhibition centres and social events - under its own brand "XTC," sold through direct and distributor channels to corporate and hospitality clients.
• EPFO-reported headcount ~74 as of Apr 2024, up 42% YoY (Falconebiz).
• No standalone official company/brand website could be confirmed, only IndiaMART vendor listings and an Instagram handle @xtc_dwija were found, - treat business-overview detail as partial/single-source.

Sector & Classification

CIN industry code U01114 = NIC "Growing of beverage crops" (Agriculture and Allied Activities) per MCA registration (Tofler). NOTE: this is the formal MCA classification only - actual operating business (per Tracxn) is B2B tea/coffee vending, not agriculture. Thecompanycheck separately auto-tags it "Travel & Hospitality / Restaurants & Dining / Wholesale Trading" - an automated mis-tag, not corroborated elsewhere; treat MCA NIC code as the reliable figure and business description below as the real activity.

Directors & Key Management

Dibakar Satyabrata Chatterjee - Director since 09 Jan 2020, DIN 02752310 (Tofler - single source, partial). Jayati Dibakar Chatterjee - Director since 09 Jan 2020, DIN 08663761 (Tofler - single source, partial). A third co-founder, Shailesh Pardeshi, is named in business-press/Tracxn coverage but was not found listed as a current MCA director on any registry source checked - possible non-director co-founder or since-exited; flagged as unconfirmed. DINs could not be cross-verified on a second source (Falconebiz's directory page did not surface company-specific data on this fetch).

GST Registrations

Primary/home-state GSTIN: 27AAHCD6098H1Z8 (Maharashtra/Mumbai), registered ~06 Feb 2020, status Active. Additional registrations found: 07AAHCD6098H1ZA (Delhi), registered ~11 Jun 2021, Active; 29AAHCD6098H1Z4 (Karnataka/Bengaluru), registered ~28 May 2021, Active. #registrations found: at least 3 states. PAN across all GSTINs: AAHCD6098H, consistent with company PAN. Source: aggregated GST-tracker search snippets (single-source aggregation, individual GSTIN pages on knowyourgst.com returned errors on direct fetch) - mark as partial/unconfirmed pending a primary-page cross-check.

Financials

• FY ended 31 Mar 2024, labelled "FY2025" by Falconebiz, likely referring to results filed in FY25: Revenue ₹18.76 Cr, +28% YoY, Falconebiz - single source.
• EBITDA and PAT for this year: locked/not disclosed.
• Last AGM 23 Sep 2024.
• Auditor: Singrodia and Co LLP (FY24).
• Separately, Tofler, FY ended Mar 2023, standalone, shows ratio-only data, absolute figures subscription-gated: Net Profit Margin 63.27%, Operating Margin 27.19%, Gross Margin 2.77%, RoE 138.05%, YoY revenue growth 212.86%, net-worth growth 274.43%, borrowings change -6.47%, operating revenue band ₹1-100 Cr.
• Net worth, absolute PAT/EBITDA and borrowings figures = not obtained, subscription-gated on both sources.
• Standalone financials, no consolidation mentioned - single subsidiary-like related entity found, see related_parties.

Funding History

• Seed round of $660,000 (~₹5.5 Cr) from Negen Capital PMS and Negen Angel Fund, described in press coverage as the company's maiden funding round, source: aggregated search snippet, likely Entrackr/VCCircle/Inc42 - could not confirm on primary article after direct fetch, exact date not obtained.
• No further rounds found.
• This is distinct from and should not be confused with "Sleepy Owl Coffee", a similarly-named D2C coffee brand with different founders/investors - initial research mistakenly conflated the two; corrected here, - entity-confusion trap noted per instructions.

Loans & Charges

• Others ₹0.68 Cr. Exact charge IDs/dates not obtained.

Related Parties

• Dwija Hospitality Services Private Limited - incorporated 21 May 2024, shares common directors, Thecompanycheck - single source, partial.
• Elaterra Collective Private Limited - director Jayati Dibakar Chatterjee also serves as director there, Thecompanycheck - single source, partial.
• No parent/holding company identified.

Legal & Compliance

• None found - Indian Kanoon search for "Dwija Foods Private Limited" returned no matching judgments
• The 6 results returned were unrelated incidental keyword matches, e.g. Indra Sawhney v. Union of India.

Competitive Landscape

• In its actual B2B tea/coffee vending business: Chai Point, India's largest organised chai retailer, also runs office vending + "Chai-on-Call" delivery - large scale, Chaayos, café + vending/tech-led chai chain - large scale, Coffee Day Beverages / CCD vending, 50,000+ machine installations - large scale, Cothas Coffee, hot-beverage vending for offices/institutions - mid scale, Coffeeza, office coffee vending - small/mid scale, Chaipatty and Infinitea, smaller regional chai-vending players - small scale.
• Source: aggregated web search, not cross-verified per-competitor - partial.

Frequently Asked Questions

Sources

Tofler (tofler.in/dwija-foods-private-limited/company/U01114MH2020PTC335769 and /financials) - identity, capital, PAN, 1 director set, FY23 ratios. Thecompanycheck (thecompanycheck.com/company/dwija-foods-private-limited/U01114MH2020PTC335769) - status, FY24 revenue, charges, workforce, related entities, auditor. Falconebiz (falconebiz.com) - homepage only reachable, company-specific page did not yield data on direct fetch; company-specific facts above sourced via search-snippet referencing Falconebiz where noted. Tracxn (search-snippet only, via html.duckduckgo.com) - founders, business description, brand name "XTC", funding amount/investors - per instructions, Tracxn used here only for funding-round-adjacent info, not as a primary registry source. Indian Kanoon (indiankanoon.org) - legal search, no results. GST-tracker aggregated search snippets (via html.duckduckgo.com, underlying knowyourgst.com/similar) - GSTIN list. General web search (html.duckduckgo.com) - competitors, credit-rating absence, website-domain search (inconclusive).