Wendor Innovations Private Limited
Category: Computer Vision
AI-driven smart vending solutions that revolutionize automated retail through advanced computer vision, IoT integration, and demand forecasting. Wendor Innovations Private Limited was founded in 2021. The company is led by Lakshit Anand. Based in New Delhi, India. Team size: N/A. Total funding raised: $2.5 million. Latest round: Equity and debt mix announced in April 2025. Key investors include Elanpro (holds a 41% stake).
- Founded
- 2021
- Headquarters
- New Delhi, India
- Team size
- N/A
- Total funding
- $2.5 million
Value proposition
Leverages proprietary AI algorithms, computer vision, and IoT to enable product detection, demand forecasting, and real-time inventory management, thereby delivering a smarter and more efficient vending experience
Products and solutions
Smart Vending Machines, Vending Management Cloud, AI-powered Product Detection Systems
Unique value
Integration of AI, IoT, and computer vision technologies for an interactive and efficient vending experience
Target customer
Retailers, businesses, and consumers seeking seamless, cashless automated retail experiences
Industries served
Retail, Food & Beverage, Automated Retail
Technology advantage
Proprietary AI algorithms combined with strategic operational support from Elanpro, providing access to an extensive distribution and service network
How they differentiate
Focus on AI-driven technology with robust operational backing and a full-stack solution that integrates hardware, software, and cashless payment systems
Main competitors
Evenflow, Entvin AI
Key partnerships
Elanpro
Notable customers
NAFED, Rashtrapati Bhawan, Taj Mahal, Fatehpur Sikri, Coca-Cola, Amul, Unilever, Fortis
Major milestones
Raised $2.5 million funding from Elanpro Secured strategic partnership with Elanpro for operational support Planned launch of 10 experience centers across metro and Tier-1 cities
Growth metrics
Plans to deploy 15,000 vending machines over five years with an expected annual revenue of ₹20 crores by FY 25-26
Market positioning
Emerging early-stage leader in smart vending innovation with aggressive expansion plans
Geographic focus
Primarily India with planned expansion into the Middle East and Southeast Asia
Patents and IP
No patents filed as of now
About Lakshit Anand
Lakshit Anand is the Founder and CEO of Wendor Innovations Private Limited, a company he established in 2018. He leads the company's mission to innovate in the retail technology sector with AI-driven smart vending solutions. Under his leadership, Wendor has developed patented vending machines and a comprehensive software ecosystem, securing partnerships with major brands such as Coca-Cola, Amul, and Nivea. He also guided the company in securing $2.5 million in seed funding to fuel its expansion across India and into international markets.
Official website: https://wendor.in