In the ever-evolving technology landscape, a Vizag-based startup is making its mark with its novel vending solutions. This trailblazing venture called MAMA Systems is revolutionizing the technology era with its IoT-enabled vending machines that need less human intervention by introducing UPI payment options, making them a socially responsible choice.
The startup, founded in 2020, boasts a team of 25 members and has been in the market since June 2022. Their signature offering is the Vending Machine Controller, a sophisticated system that works efficiently when compared to traditional vending mechanisms. Their personalized solutions give the opportunity to customers with diverse touchless payment options creating convenience for the end users.
With a vision to provide futuristic solutions, the startup provides vending machines that not only dispense snacks and beverages but also cloth bags, sanitary napkins priced between Rs.5k and Rs.30k.
In addition, these vending machines notify you of the stock availability through email or SMS and also auto-refills whenever needed.
Also in the offering are Keyless digital smart lockers, starting from Rs 1.2L. These smart lockers play the role of a receiver in your absence.
For e.g If you are expecting a package to be delivered and are away from your location the delivery agent can now place your package in the digital locker using a temporary passcode which expires after delivery. You can then collect your shipment from the digital locker through the main passcode. They operate through an Android app and are ideal for gated communities, industries, and public places as they offer a secure and efficient way of delivering products equipped with CCTV recordings and IR sensors.
Their customer base includes reputable names such as Tejas Impex, Iyans Industries, and Doha Systems. The revenue model is based on cloud subscriptions and storage, with flexible billing options.
Below is a brief snapshot of the Startup:
Founder: Hemambara Rao Boddeti
Industry : IOT/Vending/Dispensing
Started Year: 2020
Number of Team Members : 10
Funding: Self funding
Claim to fame: Tailor-made vending solutions with remarkable speed and efficiency
Market of Operation: Round the clock availability
Revenue: Rs.10 Lacs Per Annum
Company’s culture:
Aggressive Methodical Easy Going
PTIM (Person that inspires me): My father Mr Boddeti Narasinga Rao. His Resilience coupled with a Growth Mindset & valuable Life Lessons always inspire me.
