Page 44 - The 10 Most Pominent Retail startups in 2019
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10
MOST
THE PROMINENT
10 PROMINENT
MOST
THE
“Vendiman is the smart, affordable & automated vending solution
that provides the best products that everyone loves”
Based out of Mumbai, Vendiman the highest quality of service
Pvt Ltd. (Vendiman), with and operational excellence to its
ambitious efforts, is well set to customers through innovative and
prove that the model of unmanned best in class solutions
automated vending is an imperative
and central element of the Since inception, the services
retail industry, and will soon be quickly grew to 18+ cities within
interwoven in the Indian society. India with a motivated workforce
that manages the operations with
Vendiman currently brings skill and intricate attention to detail.
the concept of automated Umesh Asher The company’s focus was to solve
merchandising and convenience Co-founder problems with technology. With
retail to India, through innovative in today’s fast-paced era. The 2.5Mn+ monthly transactions and
technology driven vending business model has tailor made crossing1Mn+daily outreach, it
solutions. Vendiman has a team retail solutions for corporate offers an expedited way for people
that is emerging, young and companies, education institutes, who are pressed for time yet want
bold. Their promoter group has hospitals, airports, and other public to grab a bite on the go. Their
been a part of the food industry spaces in the country, in the form vending machines are viewed as
for over three decades, with of automated, customized vending novel and buzz worthy. Like the
experience in International Trading, machines. “We thoroughly value proliferation of food trucks which
Manufacturing and Retailing of the concept of the ever evolving reach customers in a less expensive
food online/offline on a Pan India need for convenience. Today, way than traditional brick and
level. Showing meteoric growth in time is a resource almost every mortar restaurants, vending
the past few years, from providing individual struggles to manage; machines are a more flexible option,
only snacks and beverages vending and hopelessly craves. This notion going beyond what has historically
solutions initially, the list of sprouted the attractive idea of been customary.
services now includes a broader bringing automated retail to India,
and more comprehensive range to help save what we could of our
of vending solutions(Ready to eat increasingly precious time. We
RTE, health & personal care, IT offer everyone an easy way to shop,
peripherals/electronics, stationery and Brands, an easier way to sell,”
and others) for its clientele. explains Umesh Asher, Co-founder.
As a customer focus, integrity,and
Vendiman wishes to address the innovation based company,
problem of time management vendiman believes in delivering
44 December 2019
