AI-powered smart vending startup Wendor has raised $2.5 million (approximately ₹21 crore) in a seed funding round led by Elanpro.
The investment includes ₹5 crore in equity and ₹16 crore in debt, with Elanpro also offering operational support to strengthen Wendor’s logistics and service network across India.
Founded in 2021 by Lakshit Anand, Wendor is transforming retail automation with AI-powered vending machines that support digital payments, mobile integration, and advanced inventory management.
The fresh capital will be used to enhance its AI and computer vision solutions, improve efficiency, and expand both in India and internationally.
Also Read: Lehlah Raises ₹12.5 Crore in Seed Funding Led by Gruhas
To boost its market presence, Wendor plans to open ten experience centers across metro and Tier-1 cities within the next two months, allowing customers to interact with its cutting-edge vending solutions, including automated inventory tracking and AI-based product recognition.
The company has already built strong partnerships, including collaborations with NAFED and government offices like Rashtrapati Bhawan. Its vending machines are installed at tourist hotspots like the Taj Mahal and Fatehpur Sikri, in partnership with Uttar Pradesh State Tourism and the Agra Development Authority.
Wendor also works with major brands such as Coca-Cola, Amul, Nivea, Apollo Hospitals, Unilever, and Fortis, further solidifying its presence in the automated retail sector.
