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Food and Agriculture Tech Series A Founded 2013

Vendiman

Vendiman provides autonomous smart vending machines and micro-retail solutions across India, offering fully automated, contactless kiosks stocked with nutritious ready-to-eat meals, snacks, beverages, and health and personal care products. The platform operates over 2,000 machines across 20 cities serving 550 clients with a daily outreach of 1 million consumers. Vendiman offers company-paid solutions with RFID/HID…

📍 Mumbai, India · Food Tech,

Funding snapshot

Last roundSeries A
Amount$970K
Date2 September 2022
Total raised$11M
Valuation15,028,303 (Oct 3, 2022)
Team size115

About

Vendiman provides autonomous smart vending machines and micro-retail solutions across India, offering fully automated, contactless kiosks stocked with nutritious ready-to-eat meals, snacks, beverages, and health and personal care products. The platform operates over 2,000 machines across 20 cities serving 550 clients with a daily outreach of 1 million consumers. Vendiman offers company-paid solutions with RFID/HID card access for employee benefits, consumer-paid solutions with seamless payment for public spaces, and pantry supply solutions with end-to-end procurement and logistics. The company serves corporates, airports, manufacturing facilities, healthcare, education, and transit sectors, with all products being FSSAI-approved. Founded in 2013 and headquartered in Mumbai, India, Vendiman has raised approximately $11.4 million in Series A funding from investors including JM Financial Private Equity, RSH Global, and KN Group.

Business model

Autonomous Retail > Smart Vending Machines > Semi Autonomous,

Trust Shops > Smart Vending Machines,

Food Tech > Innovative Restaurants > Vending Machines,

Online Grocery > Smart Vending Machine > Food > Packaged Snacks > Semi Autonomous

Team background

College Wise > Johns Hopkins University, University of Delhi

Institutional investors

JM Financial Private Equity GPR Protect Advisors Advik Tecnocommercial Private Limited JM Financial RSH Global KN Group Gajshakti Agrotech Sankalp Consumer Products Kanav Retail Solutions Knoilindustries Nirmaladevi Shrishrimal Kavita Shrishrimal Svasti Shrishrimal Rishabh Shrishrimal

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