Vendekin offers fully automatic, customizable vending machines equipped with AI-driven software for remote sales tracking and inventory management. Their solutions enable businesses to operate 24/7 while facilitating cashless transactions, addressing the need for efficient, unattended retail in various environments.
Funding
$1.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional vending machines lack real-time sales tracking and inventory management capabilities, making it difficult for businesses to optimize product offerings and minimize stockouts. Many older machines also lack support for cashless payment methods, limiting accessibility for consumers who prefer digital transactions.
Solution
Vendekin offers a suite of smart vending solutions, including fully automatic vending machines and a retrofit device, that enable businesses to operate unattended retail environments with enhanced efficiency. Their vNetra software provides remote sales tracking, inventory management, and machine monitoring, while the Retrobox device upgrades existing vending machines with touchless mobile payment capabilities. These solutions allow businesses to extend their reach, operate 24/7, and cater to the growing demand for cashless transactions.
Target Audience
Vendekin's primary customers are businesses looking to expand their retail presence through unattended vending solutions, including food and beverage companies, convenience stores, and operators of micro markets and self-service kiosks.
Features
- vNetra: A Google Cloud-powered software platform for remote sales tracking, inventory management, and machine monitoring.
- Retrobox: A plug-and-play device that converts existing vending machines into digital vending machines with touchless mobile payment support.
- Support for cashless payments across various online payment platforms.
- Customizable vending machines with adjustable temperature control for snacks, beverages, and frozen foods.
- Options for hot food vending machines with food-grade stainless steel construction.
- Real-time data analytics and reporting for informed decision-making.