Company Intelligence Profile
Dwija Foods Private Limited
Dwija Foods Pvt Ltd is a Mumbai-based B2B beverage-vending startup founded in Jan 2020 by Dibakar Chatterjee, Jayati Chatterjee and Shailesh Pardeshi.
Last updated 4 August 2026
Dwija Foods Private Limited is a Mumbai-based B2B beverage-vending startup founded in January 2020 that provides tech-enabled brewing machines delivering tea, coffee and adjacent beverages to enterprises under its brand XTC. The company raised a seed round of $660,000 from Negen Capital PMS and Negen Angel Fund and reported revenue of Rs 18.76 Cr in FY2024, up 28% year on year. Its workforce stood at approximately 74 employees as of April 2024, a 42% increase year on year.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Dwija Foods Private Limited |
|---|---|
| CIN | U01114MH2020PTC335769 |
| PAN | AAHCD6098H |
| Status | Active |
| Listing |
|
| Incorporated | 09 January 2020 |
| ROC | RoC Mumbai / Maharashtra |
| Sector (NIC) |
|
| Registered address | C-6, Synthofine Estate, Behind Virwani Estate, Goregaon East, Mumbai - 400063, Maharashtra, India |
| Authorized capital | ₹11.0 Cr |
| Paid-up capital | ₹3.5-3.55 Cr |
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
- 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. 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
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Dibakar Satyabrata Chatterjee | 02752310 | Director | 09 Jan 2020 |
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAHCD6098H1Z8 | Maharashtra | AAHCD6098H (Tofler; consistent with GSTIN check-digits seen on GST tracking snippets - confirmed) | Active |
| 07AAHCD6098H1ZA | Delhi | AAHCD6098H (Tofler; consistent with GSTIN check-digits seen on GST tracking snippets - confirmed) | Active |
| 29AAHCD6098H1Z4 | Karnataka | AAHCD6098H (Tofler; consistent with GSTIN check-digits seen on GST tracking snippets - confirmed) | Active |
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: Revenue ₹18.76 Cr, +28% YoY. 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
- 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
- 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
Charges / Loans
- Total open charges ~₹5.63 Cr: State Bank of India ₹3.95 Cr
- Tata Capital Financial Services Ltd ₹1.00 Cr
- Others ₹0.68 Cr. Exact charge IDs/dates not obtained
Competitors
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