The Indian vending machine market is expected to witness robust growth over the coming years as a result of the growing retail industry and rapid urbanization. India has more than 65 lakh potential locations in more than 500 Indian cities where a vending machine can be installed. With that said, not many businesses prioritize on innovation in this segment which is holding the industry back. Standing apart from the rest of the competition, BrewVend is growing as one of the pioneering names in this market segment and are building a reputation for being one of the most quality-centric and innovative brands in the market. And both these have helped the company to develop into on the most preferred startup in the industry.
While talking more about BrewVend and what separates them from the rest, Senthil Kumar, CEO and Head of Business at BrewVend Middle East says, “Brewing and Vending are futuristic. We do not fall into the traditional vending services but offer smart vending solutions powered through portable and AI based robotic technology, in our segment there are big players out in the market, but not competitors, those other products are costing anywhere from $350-500 K – we offer products and solutions at a fraction of this cost but does the same job and output in varying capacity.
We cater to Food & Beverage operating market that is cost conscious, cares for business
continuity and optimization as their prime objective. As I mentioned earlier, we are focusing on a new concept into this segment and continue to lead our way forward. One thing you must understand is that vending machines are a robot – the form factors are different, and the task performed are different, but the deliverables are same. We are trying to incorporate Smart AI, Robot-human collaboration in vending or dispensing format for creating experience, efficiency, and faster service in much simpler and cost-conscious way”.
The company offers three major products and that include: a) Brewmacwhich is a portable intelligent automated bar vending machine that powered by AI to prepare, dispense your favorite cocktails, mocktails & straight drink at any venue or event. It can be used anywhere like home, hotel rooms, lounges, bars, night clubs or a crowded event to accomplish bartending need can accomplish your drinking needs whether it be a cocktail or a mocktail.
Brewmac is a superstar innovation, one of the first and the fastest, most practical, Portable bartending machine available in the market to optimize the commercial bartending, and b) BrewVend has an early-stage technology into draught beer vending – which is a fresh approach to the market, this product technology and design factor is not available in any of the current format in India or MEA. Currently, they offer beer bottle vending machines which uses a smart vending and elevator technology that uses smart payment system, age verifications etc. Aside to this BrewVend has also partnered with Pudu robotics for commercial service robot’s which are widely applied in restaurant, coffee shop, hospital, school, office building, shopping mall, hotel, and more.
Over the last year, BrewVend has developed a solid pipeline from various restaurants, Global Village, a leading global fast-food company, global leading liquor manufactures, dark kitchen chain and more. The company looks forward to converting them into tangible sale as they launch in June 2022. Like India, they also have high hopes on US, Canada, Dubai, UAE, & GCC markets. UAE is a developed economy compared to India; the smart vending concept is rapidly evolving & user acceptance rate is high for new age products and services. By 2027 BrewVend expects to have a good presence over entire MEA region. BrewVend’ s major business partners are Cogmac Technologies and Green Commerce Solution US, together they complete the full suite of R&D, Production, worldwide sales, and distribution for Brewmac.
While talking more about their future plans, Senthil adds “We will be fully concentrating on innovative and creative scalable business model involving Brewmac & BrewVend as solution. This is the area where we are looking for investors and partners to support us in the journey. This will help to evolve the product technically to newer versions and, in a way, help to achieve indirectly bottomline growth of Brewmac. Long terms plans include creating innovative food & beverage automation solutions and introducing Robot waiters, fully autonomous robotic bartenders, Autonomous Kitchen, and vending solutions and more. For now, it’s about scaling up Brewmac for our partners and developing BrewVend into a fully functional prototype product".
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