About Vendiman
Vendiman is a Consumer company based in Mumbai (India) founded in 2013 by Rajesh Shrishrimal and Pratyush Kamdar. Vendiman is recognized as a leading vending machine supplier in India. It operates on a Pay-per-Use / Usage-Based and Managed Services model in Consumer and Retail sectors. Vendiman has raised $11.37 million across 7 funding rounds from investors including RSH Global, JM Financial and JM Financial Private Equity. The company has 99 employees. Vendiman was last valued at $11.65 million in November 2021. Its chief executive, as recorded, is Aditi Jain. Its Indian entity Vendiman Private Limited reported revenue of ₹52.60 Cr. Vendiman offers products and services including Company Paid Solutions, Consumer Paid Solutions, and Pantry Supply Solutions. Its focus areas include Vending Services and Micro Retail Solutions. Its competitors include Daalchini, NutriTap and Vendekin; 3 of its 3 listed competitors have raised funding.
Company details
Vendiman is established as Indias leader in smart vending and instant retail experiences. Operations are focused on providing 24x7 access to food, beverages, and essentials across various sectors including corporates, airports, manufacturing, healthcare, education, and transit. Solutions are custom-built and scalable for diverse spaces, ensuring touch-free, tech-enabled convenience. Products offered are healthy, curated, and brand-led, aimed at making convenience easier, smarter, and safer for users nationwide.
- Headquarters Mumbai, India
- Employees 99
- Founders Rajesh Shrishrimal, Pratyush Kamdar
- Stage Minicorn
- SectorsConsumerRetail
- Email••••••••
- Phone•••• ••••
- Website vendiman.com
- Social LinkedIn Facebook Instagram
- Legal Name Vendiman Private Limited
- Date of Incorporation 07 Oct, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹52.60 Cr
FY 2025 · -5% YoY
- Net Loss-₹17.59 Cr
FY 2025 · -33% margin
- EBITDA-₹9.37 Cr
FY 2025 · -18% margin
- Total Equity Funding$11.37M (USD)
in 7 rounds
- Latest Funding Round$969.81K (USD), Series B
Sep 2022
- InvestorsRSH Global
& 16 more
- Employee Count99
Associated legal entities of Vendiman
Vendiman operates through Vendiman Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vendiman Private Limited CIN U52100MH2013PTC248911 | Active | 07 Oct 2013 | Mumbai, Maharashtra | ₹52.6 Cr | 99 | 7 | View details |
Products & Services of Vendiman
Vendiman offers a comprehensive portfolio of products and services, including Company Paid Solutions, Consumer Paid Solutions, and Pantry Supply Solutions.
Free snacks and beverages are provided for employees.
Snacks and drinks are accessible with direct payment.
Pantry stocking and management are handled comprehensively.
Funding Insights of Vendiman
Vendiman has successfully raised a total of $11.37M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $969.81 thousand completed in September 2022. 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.
- Total Funding $11.37M
- Total Rounds 7
- Last Round Series B — $969,809
- First Round $4.69M
(Sep 2017)
- Investors Count 17
All 7 funding rounds of Vendiman with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | $969,809 | Series B | – | Protect Advisors, Anshu Goel | |
| Jul 2022 | $93,988 | Angel Round | – | Barkha Gole, Bharti Katta | |
| Nov 2021 | $1.6M | Series B | $11.65M | Protect Advisors | |
| Dec 2020 | $2.04M | Series B | $10.17M | JM Financial Private Equity | – |
| Jan 2020 | $492,419 | Series A | $••••• | RSH Global | |
| Oct 2019 | $1.48M | Series A | $••••• | JM Financial Private Equity | |
| Sep 2017 | $4.69M | Series A | $••••• | JM Financial Private Equity, JM Financial | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $11.65M | •••••••• |
| Dec 2020 | $10.17M | •••••••• |
| Jan 2020 | $••••• | •••••••• |
| Oct 2019 | $••••• | •••••••• |
| Sep 2017 | $••••• | •••••••• |
Full valuation and stage history of Vendiman
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $11.65M (Nov 2021). 17 investors in total: 6 institutional and 11 angel.
Investors in Vendiman
Vendiman has secured backing from 17 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include RSH Global, JM Financial and JM Financial Private Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-equity focused private firm investing in SMEs | 2006 | jmfpe.com | Mumbai, India | |
Business consulting services are provided from Mumbai, India. | Mumbai, India | |||
Internet first brand of men's grooming skin care | 1988 | rshglobal.com | Kolkata, India | |
Multi-category products are retailed online by GPR. | gourmetproductretail.com | Mumbai, India | ||
Investment banking services are offered across multiple sectors. | 1973 | jmfl.com | Mumbai, India | |
AG Anshu Goel | Angel investor and entrepreneur, focused on tech startups in India. | unknown_6b4e61acfcd6451f9 | ||
AG Anshu Goel | Angel investor and entrepreneur, focused on tech startups in India. | unknown_083a4fcfc12d43dd8 | ||
NS Nirmaladevi Shrishrimal | unknown_926e4df4cdb04baa9 | |||
KS Kavita Shrishrimal | unknown_527fa23ad94d48ea8 |
Investor details for Vendiman
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Vendiman Private Limited (Vendiman)
Vendiman Private Limited is the primary company behind Vendiman. The board of Vendiman Private Limited currently have 4 directors; the longest-serving is Pratyush Unmesh Kamdar, appointed in 2014. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratyush Unmesh Kamdar DIN 07033550 | Director | 10 Dec 2014 | 11 yrs 11 mo | Vendiman Private Limited |
| Siddharth Pradip Kothari DIN 02594732 | Director | 13 Sep 2017 | 9 yrs 2 mo | Vendiman Private Limited |
| Rajesh Kumar Shrishrimal DIN 00598845 | Director | 04 Jul 2018 | 8 yrs 4 mo | Vendiman Private Limited |
| Gautham Madhavan DIN 02826558 | Director | 02 Nov 2021 | 5 yrs | Vendiman Private Limited |
People of Vendiman
18 people are tracked at Vendiman (8 in leadership, 10 in team); the tracked headcount is 99.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Aditi Jain | CEO | Leadership |
Rajeev Banerjee | Director Of Operations | Leadership |
Pankaj K. | Head Products & Solutions, Supply Chain & Procurement | Leadership |
Umesh Asher | Founder | Leadership |
Mahesh D Tiwari | Head Of Business And Marketing | Leadership |
Alpesh Patil | Technical Head | Leadership |
Milind Nene | Senior Information Technology Advisor | Team |
Jay Kumar Patel | Assistant Manager | Team |
Sneha Chawla | Manager - Buying & Merchandising | Team |
Priyanka Joshi | Sr.procurement Executive | Team |
Swathi More | Manager - Customer Service | Team |
Roopesh Radhakrishnan | Sr Program Manager | Team |
Ranganath Raju | Operations Executive | Team |
Vijay Auti | Procurement Lead | Team |
Kashish Ajwani Sundrani | Digital Marketing Executive | Team |
Ajay Yadav | Database Developer | Team |
Complete people profiles for Vendiman
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Vendiman
Figures of Vendiman Private Limited, the primary company behind Vendiman, for FY 2025. Revenue was ₹52.60 Cr (-5% year on year). Net loss was -₹17.59 Cr (-33% margin). EBITDA was -₹9.37 Cr (-18% margin). Revenue has grown at a compounded annual rate of +42% over three years and -3% over five years.
- ₹52.60 CrRevenue · FY 2025 · -5% YoY
- -₹17.59 CrNet loss · -33% margin
- -₹9.37 CrEBITDA · -18% margin
- ₹46.01 CrPaid-up capital
- 99Employees (provident fund records)
- +42%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vendiman Private Limited are on its company page.
Detailed financial statements for Vendiman
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Vendiman
4 dated milestones of Vendiman across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Vendiman is founded.
- Funding First funding round of $4.7M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $970K.
Competitors of Vendiman
Vendiman has 3 listed competitors in our database, 3 of them funded. They include Daalchini, NutriTap and Vendekin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| daalchini.co.in | 2017 | Noida, India | $6.73M | 110 | Online platform offering smart vending machine retail solutions | |
| nutritap.in | 2018 | Gurugram, India | $2.24M | 55 | Smart vending machines for corporates are supplied by NutriTap. | |
| vendekin.com | 2015 | Pune, India | $4.2M | 66 | Cashless vending solutions are integrated for smart product dispensing. |
Detailed competitors of Vendiman
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Vendiman
The website of Vendiman (vendiman.com) receives about 6K visits a month.
- Monthly visits6K
▲ 2.5% vs previous month
Websites whose visitors overlap most with Vendiman. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
vending.com | vending.com | 100% | #715,792 | – | |
adc-us.com | adc-us.com | 100% | #1,086,396 | – | |
idsvending.com | idsvending.com | 100% | #3,047,233 | – | |
| fraxotic.com | 39% | 2.9K | #5,401,447 | View details | |
| vendolite.com | 39% | 9.3K | #2,218,759 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Vendiman
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Vendiman (Food & Beverage Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online platform food ordering and delivery service | 2008 | Gurugram, Haryana, India | USD 1.69 B | USD 5.94 B | 6,750 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.51 B | 4,488 | |
Online platform offering discovery of local deals, experiences, and rewards | 2015 | Gurugram, Haryana, India | USD 105.82 M | USD 37.82 M | 414 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Vendiman
Complete news archive for Vendiman
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Vendiman
Vendiman was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Vendiman is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Aditi Jain is the CEO of Vendiman, as recorded in our data.
Vendiman is a funded company, having raised a total of $11.37M across 7 funding rounds to date. The company's 1st funding round was a Series A of $4.69M, raised on Sep 2017.
Vendiman has 99 employees.
The primary company behind Vendiman, Vendiman Private Limited, reported revenue of ₹52.60 Cr for FY 2025, down 5% year on year.
Vendiman is established as Indias leader in smart vending and instant retail experiences. Operations are focused on providing 24x7 access to food, beverages, and essentials across various sectors including corporates, airports, manufacturing, healthcare, education, and transit. Solutions are custom-built and scalable for diverse spaces, ensuring touch-free, tech-enabled convenience. Products offered are healthy, curated, and brand-led, aimed at making convenience easier, smarter, and safer for users nationwide.
Vendiman offers Company Paid Solutions, Consumer Paid Solutions, and Pantry Supply Solutions.
Vendiman has 17 investors. Key investors include RSH Global, JM Financial, JM Financial Private Equity, Protect Advisors, and Advik Tecnocommercial Private Limited.
The valuation of Vendiman is $11.65M as of Nov 2021.
Vendiman operates through Vendiman Private Limited.