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Transforming Vending Ecosystem

Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

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Page 1: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Transforming

Vending Ecosystem

Page 2: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Meet Hero, from ancient Alexandria.

He invented early Vending Machines.

He seems a bit amazed, yet

confused, seeing the current

progress of them!

Page 3: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

stuck in yesterday…

A Fragmented Ecosystem

Vending Today Missing

Innovation

Operational

Inefficiency

Poor

Consumer

Experience

Page 4: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Challenges with the Ecosystem

No Data Exchange and Leverage

Point Solutions

Inventory Data (once a day via SMS/GSM/GPRS)

Products Stock taking, Machine check,

Product Refill Product purchase

Stock requirement, Cash Collection

Cash

Cashless Payment

Brands Distributors Consumers

Page 5: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

5

Vending,

Needs Next-level Simplification

Page 6: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Presenting

Page 7: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Voila Vend-ekin!

Vending Simplified. ekin, meaning ‘Simple’ in Sanskrit.

The future of Vending is here…

Have 10% of all

automated vending

transactions on the

Vendekin platform by

2022

Vision

Deliver superior

experiences and digitally

transform the vending

ecosystem

Mission

Page 8: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Vendekin solution

1

2

3

4

5

Vendekin's Integrated Seamless Solution

Intuitive Consumer App

Analytic Portal for

Distributor Analytic Portal for

Brands

Intelligent Machine Controller

Guided

Distributor App

Page 9: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Brands

Supply chain optimization

Distributors Consumers

Consumer behaviour analysis

Vendekin Connected Vending Ecosystem

Cashless, Touch Free Product Dispensing

Page 10: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Vendekin enabled in machines

Apr ’17

Vendekin Success First launch and test-runs with leading brands

Pilot: Sales increased by 30%

in Vendekin enabled Cold Bvg

machines

May to Sep ’17

Pan India 250 Cold Bvg

machines enablement

Oct ’17

Pan India 2000 Hot Bvg

machines enablement

Mar ‘ 18

Global

Cola

Brand

Global F&B

Brand

Vendekin enabled in

machines

Sep ’17

Pilot on going with 40

machines

Oct ’17

Pilot by Brand in EU

Feb’ 18

Cover all India Machines

Mar ’18

Request for a unique

customized digital cashless

vending solution for selling of

Tobacco products

June ’17

Demo Solution presented in

London to CEO

July ’17

Pilot Rollout in London with

vaporizer dispensing machines

Jan ‘ 18

Global Tobacco

Brand

Page 11: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Vendekin - Proven Value Value brought to a Global Cola Brand’s Vending Ecosystem.

20-30% Increase in

sales

20-30% Decrease in

OpEx

20% increase in

margins

30% Reduction

in Machine

CapEx

Proven model with World No. 1 Cola Brand, ready to go Global !

Page 12: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Others Vs. Vendekin How Vendekin Scores

Features Vendekin PayRange Nayax Parlevel iBot(India)

Cashless Payment - -

Touch Free Dispensation - - - -

Automated Consumer Refunds - - - - Consumer

Features Vendekin PayRange Nayax Parlevel iBot(India)

Inventory Management -

Supply Chain Analytics -

NO Need For Internet at Machine - - -

Remote Pricing Management - - - - Distributors

Features Vendekin PayRange Nayax Parlevel iBot(India)

Consumer Behavior Reports - - - -

Machines on Map - - -

Eliminate Coin/Note Acceptors - - - - Brands

Page 13: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

High Level Product Features

Current and Upcoming

Push Notifications

Promo and discount

management

Product consumption analytics

Consumer transactions data

Current Features Dec 2017 March 2018 May 2018

Consumer Preferences

Reports

Sales forecast

Supply chain

management

Consumption based

dynamic pricing

Predictive consumer

analytics

Inventory Analytics

Real Time Inventory Alerts

Remote Machine Pricing

Management

Route management

Guided Machine Refill

Monitor Vending

machine health

Anomaly detection

Automatic Image

based Machine Refill

Predictive refilling route

management

Auto Refill verification

using sensors

Multiple product dispensation

Automated Refunds

Payment using multiple

card/wallet options

Share App with friends

Payment and transaction history

Multi lingual support

Addition of international

payment wallet options

Offline transactions

Vendekin credit/wallets

Feature/Flip Phone

support

Customized beverage

dispensation

Other unique dispensation

mechanisms Consumer

Distributors

Brands

Page 14: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Vendekin Associations Partners in Disruption

Page 15: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

• Global Scaling

• Target VMOs, IVEs

• New Products

• Pilot with Coca Cola UK &

Myanmar

• Pan India rollout with Coca

Cola tea and coffee machines

• Pan India rollout with Nestle

tea and coffee machines

• Pilot with Nestle EU

2018

Series A

Vendekin : Where and How We’re in the market, and yes, we’re causing the necessary disruption

• Original Idea

• Prototyping

• Initial Patent Filed

• Final Working Prototype

Tested on 5 Vending

Machines

2015

Bootstrapped

• Vendekin 2.0 (Tech

Platform)

• Onboard Co-founder

• Validation With Coke

• Validation With Nestle

2016

Seed Funding

• PAN India Commercial Roll-

outs with Coke & Nestle

• Pan India Coca Cola rollout

for snacks and beverages

machines

• Pilot with Georgia Tea and

Coffee Machines

• Global Contracts With

Brands

• Performance Tuning at

Scale

• 5 Patents Filed Technical

2017

Pre Series A

Page 16: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Vendekin’s Strategically Evolving Patent Portfolio

System & Method

for Remote

Vending

System & Method

for VM inventory

Mgmt.

Self-service

Terminal and

method for Auto-

Pressing of keys

Self-service Terminal

enabled for real-time

updating of inventory

data

System & Method for

dynamically controlling

the price of products of

the Self-service terminal

Future Application Areas Collective Market-size > US$ 200 Bn

Fuel Dispensing

Ticket Dispensing

Self-checkout Stores

Virtual ATMs

Virtual Cash Tellers

Automated Dispensing

Paid Access Systems

Walk-in Automated Order Mgmt.

Page 17: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Aroon Khattar

{ CEO & Founder }

Parmanand Mishra

{ Product Engineering }

Anshoo Gaur

{ Chairperson & Co-founder }

Veena Srinath

{ Marketing }

Kiran Karnavat

{ Managing Director }

Vendekin Minds People behind the Vending Winding

Page 18: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Values at Vendekin We believe in staying true to our core values

Excellence Courageous Innovation

Customer

Centricity Integrity Simplicity

Page 19: Transforming Vending Ecosystem - Vendekin _Oct 2017... · Value brought to a Global Cola Brand’s Vending Ecosystem. 20-30% Increase in sales 20-30% Decrease in OpEx 20% increase

Thank You To Request a Demo

Mail us at [email protected]

Or Call +91 705 815 9237

Visit- www.vendekin.com