Wendor, an innovator in smart vending solutions, has raised $2.5 million (approximately ₹21 crore) in seed funding round from Elanpro, a technology-driven commercial refrigeration company. The investment is structured as a mix of equity (₹5 crore) and debt (₹16 crore).
The funds raised will be used to scale operations, enhance its AI capabilities, develop computer vision solutions, and strengthen Wendor’s market presence both in India and globally.
Wendor is set to enhance its AI-driven vending technology to improve inventory management, minimize shrinkage, and boost operational efficiency. Key areas of investment include Camera-based product & quantity detection systems for real-time tracking. AI-powered demand forecasting to analyze consumer behavior and optimize product offerings. Advanced automation to create a seamless, data-driven retail experience.
As part of this strategic investment, Wendor will also receive operational support from Elanpro, enabling it to leverage an extensive service and logistics network across India.
This collaboration grants Wendor access to Elanpro’s robust service infrastructure, including Nationwide warehousing & dealer network for enhanced service capabilities. Import-export logistics support to facilitate international expansion. Integrated hardware, software & refrigeration expertise to ensure reliable maintenance and superior customer service.
Lakshit Anand, Founder & CEO of Wendor, said, “This investment marks a turning point in Wendor’s mission to revolutionize automated retail. With Elanpro’s financial backing and operational expertise, we are well-positioned to execute an ambitious expansion strategy across India and internationally. Our focus on AI-driven innovation will redefine vending as a smarter, more efficient, and engaging retail experience.”
Sanjay Jain, Director of Elanpro, said, “We are excited to support Wendor’s growth journey. Our extensive service network, import-export capabilities, and dealer partnerships will provide Wendor the operational muscle needed to scale efficiently. This partnership strengthens Wendor’s position in India while setting the stage for global expansion.”
Founded in 2021 by Lakshit Anand, Wendor is an AI-driven vending and automated retail solution in India. With a focus on digital payments, mobile integration, and smart vending technology, Wendor is shaping the future of retail automation.
Wendor plans to launch ten experience centers across key metro and Tier-1 cities in the next two months. These centers will provide customers with hands-on interaction with Wendor’s advanced vending solutions, including AI-based product recognition, Automated inventory tracking, and Refrigeration-integrated vending technology. Furthermore, Wendor is eyeing international expansion, targeting the Middle East and Southeast Asia as key growth markets.
Wendor has already established strong collaborations, including NAFED and installations at government offices, including Rashtrapati Bhawan. Vending machines at Taj Mahal & Fatehpur Sikri in partnership with Uttar Pradesh State Tourism & Agra Development Authority. Brand partnerships with Coca-Cola, Amul, Nivea, Apollo Hospitals, Unilever, and Fortis.
