Wendor, an AI-driven smart vending startup, has secured $2.5 million (₹21 crore) in seed funding, with Elanpro leading the round. The investment includes ₹5 crore in equity and ₹16 crore in debt, giving Wendor not just capital but also access to Elanpro’s extensive logistics and service network across India.
What’s Next for Wendor?
With this fresh infusion of funds, Wendor is doubling down on AI-powered vending, advanced computer vision, and global expansion. The company is looking to refine its real-time inventory tracking and develop camera-based product and quantity detection systems—critical for boosting operational efficiency and reducing losses.
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Another big move in the pipeline is the launch of ten experience centers in metro and Tier-1 cities. These hubs will allow consumers and businesses to explore Wendor’s cutting-edge vending technology firsthand, including AI-driven product recognition, automated inventory tracking, and smart refrigeration systems.
Wendor’s Rise in Retail Automation
Founded in 2021 by Lakshit Anand, Wendor has quickly become a major player in India’s automated retail space. Its compact, cashless vending machines operate on a cloud-based management system, allowing seamless transactions through digital payments and mobile integrations.
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The startup’s AI-powered demand forecasting helps businesses analyze consumer behavior and optimize their product offerings, creating a data-driven retail experience.
A Growing Footprint: From Government Offices to Historic Landmarks
Wendor has already made a mark in high-profile locations. Its vending machines can be found at:
• Rashtrapati Bhawan and other government offices
• The Taj Mahal and Fatehpur Sikri, in partnership with Uttar Pradesh State Tourism and Agra Development Authority
• Hospitals like Apollo and Fortis
• Major brands including Coca-Cola, Amul, Nivea, and Unilever
Why This Matters
Vending technology is evolving rapidly in India, and Wendor is at the forefront of this shift. By combining AI, automation, and seamless digital transactions, the company is reshaping how people shop for everyday essentials—whether at tourist destinations, corporate offices, or healthcare facilities.
With Elanpro’s backing and a strong lineup of industry collaborations, Wendor is well-positioned to scale its footprint and take smart vending mainstream.
