What Vendiman does

Vendiman Private Limited (formerly Vendiman Snacking Solutions Private Limited) is an India-based operator of cloud-connected smart vending machines marketed as Smart Micro Retail Kiosks. Founded in 2013 and operational since 2016, the company has scaled to 2,000+ machines across 20+ Indian cities, serving 550+ enterprise clients and reaching 1 million+ daily consumer interactions. Its core technology stack combines IoT-connected hardware (sourced from TCN Machines) with a cloud-based dashboard providing real-time sales, inventory and consumption monitoring, automated restocking alerts, QR-based contactless interfaces, and a multi-modal payment layer that accepts UPI/QR (Paytm, PhonePe), RFID/HID smart cards, corporate meal cards (Sodexo, Pluxee), and a proprietary wallet.

The business model is a full-service managed vending operation. In its Consumer-Paid model, products from 500+ brand partners across 2,000+ SKUs (Haldiram's, Coca-Cola, Nestlé, Cadbury, ITC, Britannia, Amul, Red Bull, and others) are sold at MRP through machines installed at client facilities, with Vendiman handling installation, stocking, maintenance and restocking. A complementary Company-Paid (B2B) model offers employer-sponsored free-vend programs with RFID/HID access, priced via custom enterprise contracts. Two adjacent revenue streams — Pantry Supply Solutions (direct delivery of 10,000+ FSSAI-approved SKUs to corporate pantries) and Machine Rental for events — extend the proposition beyond the kiosk. Go-to-market is direct enterprise field sales targeting six verticals: corporate offices, airports, healthcare facilities, manufacturing/industrial plants, educational institutions and transit hubs, all within a single-country, pan-India operating geography spanning North, South, East and West regions. The company is privately held, headquartered in Mumbai, and currently employs 51–100 staff.

Name

Vendiman

Legal name

Vendiman Private Limited

Website

https://vendiman.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Vendiman operates 2,000+ cloud-connected smart vending machines across 20+ Indian cities, serving 550+ enterprise clients in corporate, healthcare, aviation, manufacturing, education and transit sectors with 24×7 food and beverage access via a full-service managed model.

Ownership category

akta.pro rank

Product category

Automated Retail / Smart Vending Services

NAICS

Vending Machine Operators (445132)

SIC

Retail-Eating Places (5812)

akta.pro primary industry

Kiosk & Micro-Format Convenience Retail (CRAHABAD)

akta.pro secondary industry

Vending & Micro-Markets (EDALADAF)

Keywords

• Smart vending machines
• Micro retail kiosks
• Automated retail services
• Corporate pantry supply
• Vending machine operations

Headquarters

HQ city

Vile Parle

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Managed Vending Services: Full-service model where Vendiman installs, stocks, maintains, and operates smart vending machines at client facilities. Revenue generated from each transaction made on the machines, with products sold at MRP. Clients provide space while Vendiman handles end-to-end operations including procurement, logistics, restocking, and technical support.
2. Pantry Supply Solutions: Supply of 10,000+ FSSAI-approved snacks and beverages to corporate pantries with fast delivery and bulk discounts. Managed procurement, logistics and refilling services for office pantries.
3. Machine Rental: Vending machines available on rent for events and temporary installations, providing flexible access to smart micro retail solutions without capital expenditure.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Vendiman installs, stocks, operates and maintains IoT-enabled Smart Micro Retail Kiosks (cloud-connected vending machines) at client facilities across India, offering company-paid free-vend solutions, consumer-paid vending at MRP, and end-to-end pantry supply services. The company manages site surveys, installation, procurement from 500+ brand partners (2000+ FSSAI-approved SKUs), restocking, maintenance and real-time remote monitoring across 2000+ machines in 20+ cities.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Micro Retail Kiosks (Company Paid Solutions) Managed deployment of cloud-connected vending machines installed at enterprise client facilities where the client (typically an employer) provides free vend access to employees via RFID/HID smart cards. Vendiman handles site survey, installation, stocking, maintenance and 24×7 operations; products are FSSAI-approved branded snacks and beverages. Designed for corporate offices seeking productivity-enhancing employee perks without running an in-house pantry.
• Smart Micro Retail Kiosks (Consumer Paid Solutions) Managed deployment of cloud-connected vending machines where end users (employees, travelers, patients, students, commuters) pay per use at MRP. Vendiman installs, stocks, maintains and operates the machines end-to-end across campuses, co-working spaces, hospitals, hostels and high-footfall zones.
• Pantry Supply Solutions End-to-end managed pantry supply service delivering 10,000+ FSSAI-approved snacks and beverages to corporate office pantries with fast delivery, bulk discounts and dedicated service teams. Vendiman handles procurement, logistics and refilling, providing a well-stocked, hygienic modern pantry without the client managing multiple vendors.
• Vending Machine Rental Rental of Vendiman's smart vending machines for events, exhibitions and temporary installations, providing flexible access to smart micro retail without long-term capital commitment.

Quantifiable outcome

• 24×7 food access reduces employee productivity loss - grabbing food takes as little as 20 seconds vs 6-30 minutes for traditional canteen visits
• +2 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core.

• Haldiram'scoreOthersLeading Indian snack food brand providing popular snacks and namkeen products for inclusion in Vendiman's smart vending machines across all client locations.
• Coca-ColacoreOthersGlobal beverage corporation providing soft drinks and beverages for Vendiman's vending machine inventory across Indian locations.
• NestlécoreOthersSwiss multinational food and beverage company providing products including Maggi, Nescafé, and other packaged foods for Vendiman's machine inventory.
• CadburycoreOthersConfectionery brand under Mondelez providing chocolates and biscuits for Vendiman's vending machine offerings.
• ITCcoreOthersIndian conglomerate providing FMCG products including Aashirvaad, Sunfeast, and Bingo snacks for Vendiman's smart vending inventory.
• BritanniacoreOthersLeading Indian food products company providing biscuits, cakes, and bakery items for Vendiman's vending machine solutions.
• AmulcoreOthersIndian dairy cooperative providing milk-based beverages, lassi, and dairy products for Vendiman's healthy beverage offerings.
• Red BullcoreOthersAustria-based energy drink company providing energy beverages for Vendiman's vending machines targeting busy professionals and travelers.
• 500+ Brand NetworkcoreOthersVendiman has established partnerships with over 500 brands offering 2000+ SKUs for customized product selection in vending machines. Includes health-focused brands like Millets & More, Open Secret, 24 Mantra Organic, WellBe, and Yu.
• TCN MachinescoreTechnology or IntegrationMachine manufacturer providing large capacity vending machines (450-500 SKUs, 45 spirals) ideal for high-footfall areas. Vendiman sources machines from TCN for deployment at client locations.

Scale indicators6 records

Recent moves2 records

Expansion highlights6 records

Emerging players

• Chai Point: India-based workplace beverage service installing automated chai/coffee dispensers in offices and retail locations. Comparable Indian enterprise customer base and overlapping food-service-in-workplace value proposition, focused specifically on hot beverages via automated machines.
• 24Seven: Indian convenience store chain offering 24/7 grab-and-go food and beverage retail across urban locations. Overlaps with Vendiman's 24/7 food access value proposition for time-pressed consumers, though operates staffed storefronts rather than automated kiosks.
• HungerBox: India-based corporate cafeteria management and food tech platform serving enterprise clients with workplace food solutions. Comparable target market (Indian corporates) and adjacent value proposition (workplace food access), though delivery mechanism is cafeteria-based rather than vending-based.

Regional players

• Selecta: European unattended self-service solution provider operating vending machines and coffee services across European workplaces and public spaces. Closest pure-play vending operator by business model (managed vending, route servicing, tech-enabled kiosks), though geographically focused on Europe rather than India.

Broad incumbents

• ISS A/S: Global facility services company offering workplace food and hospitality services as part of integrated facility management for corporate and institutional clients. Overlaps with Vendiman's enterprise B2B service model across similar customer segments at much larger global scale.
• Aramark: Global provider of food, facilities, and uniform services to employers, healthcare facilities, educational institutions, and industrial clients. Operates workplace food services with comparable B2B service model and overlapping vertical segments to Vendiman.
• Sodexo: Global food services and facilities management company operating workplace meal programs and meal benefits cards (Sodexo/Pluxee). Vendiman integrates Sodexo/Pluxee meal cards as payment on its vending machines, demonstrating direct overlap in workplace food benefits space with significantly broader global scale.
• Compass Group: Global leader in contract food services and support services, serving workplaces, hospitals, educational institutions, and industrial sites. Comparable vertical coverage (healthcare, education, manufacturing, corporate) and large-scale enterprise customer overlap with Vendiman's managed services offering.

Others

• SandenVendo: Global manufacturer of vending machines and automated retail equipment. Comparable as ecosystem participant - Vendiman sources hardware from a similar manufacturer (TCN) and SandenVendo represents the broader supply-side competitive landscape for vending machine technology and infrastructure.

Direct peers

• SuprDaily: India-based daily-essentials and pantry supply delivery service for corporate offices. Directly comparable on the Pantry Supply Solutions line - same Indian enterprise customer base and overlapping product categories (snacks, beverages for office pantries) with similar bulk delivery and managed procurement value proposition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/VendimanPvtLtd
• LinkedInin.linkedin.com/company/vendiman
• Instagraminstagram.com/vendiman_official

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vendiman