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Maharashtra-based Vendekin makes smart vending machines and management software that track sales, inventory and cashless payments.
Founded in 2016 by Ajit Nair and Aroon K. and based in Maharashtra, India, Vendekin Technologies designs fully automatic vending machines powered by its Retrobox and vNetra systems. The machines and software help businesses track sales, manage inventory and process cashless transactions, and they run 24/7 in India and more than 15 other countries. The company raised INR 0.85 crore as of May 30, 2022, with Better Capital as lead investor. Its 2022 revenue was INR 496,156.60.
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