Wendor, a pioneer in AI-powered smart vending solutions, has raised $2.5 million (INR 21 crore) in a strategic investment from Elanpro, a leader in commercial refrigeration. The deal combines INR 5 crore in equity and INR 16 crore in debt, aimed at scaling operations, enhancing AI capabilities, and driving international growth.
Lakshit Anand, Founder and CEO of Wendor, said the funding marks a pivotal moment in the company’s mission to redefine automated retail through advanced AI. Wendor will leverage Elanpro’s nationwide service network to support its expansion while accelerating development in areas like computer vision-based product detection, AI-driven demand forecasting, and automated inventory tracking.
Sanjay Jain, Director at Elanpro, said the partnership equips Wendor with the infrastructure to scale efficiently and globally.
