About JustVend
JustVend is a company based in Bengaluru (India) founded in 2019. JustVend has raised $57.02 thousand across 1 funding round. The company has 22 employees as of March 26, 2024. JustVend offers products and services including Smart Mini-Stores and Customer Support Services.
- Headquarter Bengaluru, India
- Employees 22 as on 26 Mar, 2024
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Sectors
TechnologyRetail
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Phone
Locked
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Social
Locked
- Legal Name Justvend Private Limited
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$247.9 K (USD)481.44as on Mar 31, 2023
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Net Profit
-$96.18 K (USD)-1145.59as on Mar 31, 2023
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EBITDA
-$87.96 K (USD)-2278.78as on Mar 31, 2023
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Total Equity Funding
$57.02 K (USD)
in 1 rounds
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Latest Funding Round
$57.02 K (USD), Angel Round
Jun 03, 2023
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Investors
Not available
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Employee Count
22
as on Mar 26, 2024
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Products & Services of JustVend
JustVend offers a comprehensive portfolio of products and services, including Smart Mini-Stores and Customer Support Services.
Autonomous stores are connected to smartphones for searching, purchasing, and picking up daily essentials, forming a distributed network
Instant call support is offered to resolve issues quickly, with a focus on maintaining smooth interactions for users
Funding Insights of JustVend
JustVend has successfully raised a total of $57.02K through 1 strategic funding round. The most recent funding activity was a Angel Round of $57.02 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investments & Acquisitions by JustVend
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Financial Statements - JustVend
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Justvend Comparisons
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Competitors of JustVend
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Latest news on Justvend
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Frequently Asked Questions about JustVend
JustVend was founded in 2019 and raised its 1st funding round 4 years after it was founded.
JustVend is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
JustVend is a funded company, having raised a total of $57.02K across 1 funding round to date.
As of Mar 26, 2024, the latest employee count at JustVend is 22.
Annual revenue of JustVend is $247.9K as on Mar 31, 2023.
JustVend is recognized for operating autonomous smart mini-stores that connect to smartphones, enabling products to be searched, purchased, and collected efficiently. These stores are kept available 247 for items like snacks and daily needs, with inventory being adjusted based on customer input. A touchless process has been implemented using advanced technology to ensure sterility, particularly in response to health concerns. Customer issues are addressed promptly through instant support, and products are booked for a short period after payment to facilitate easy pickup. The companys efforts are directed towards integrating technology for convenient access to essentials, as observed in its operations across urban areas.
JustVend offers Smart Mini-Stores and Customer Support Services.