Mobivend Logistics Solutions Pvt Ltd

  • Bangalore, India
  • RetailRetail Technology, FinTechMobile wallets/ Payments, Internet of Things, E-commerce, SaaS, Location Based Services

Enabling Mobile Payment with IoT in Unattended Automated Retail

Early Revenues

Startup Video



Market Validation & Initial Product Development



New Product Release

Product validation/POC with 3 self operated machines in apartment & office,


New Product Release

Product iteration, R&D, explored other unattended markets in India & worldwide




Market fit product & early revenue



Team Summary

1. Utkarsh is a BITSian Geek. He believes that current world problems can be solved through efficent use of technology and innovative ideas. He brings tremendous value to Mobivend from his prior experience in building technology backend for popular startups such as Justbooks and Zoomcars.

2. Basu brings over five years of experience in both technical and manegerial domain to help Mobivend thrive. Since his college days, Basu wanted to step into the shoes of an entrepreneur. After successfully executing several offshore as well as onshore projects with Wipro Technologies, Basu finally decided to start his own company which is directed towards solving critical problems faced by people on day to day basis.

3. Engineer by education, certified tennis coach and entrepreneur by nature, Shubham brings his tenacity and 5 years diverse experience in Business Strategy & Development in helping to build Mobivend as a unique business that solves real problem in today’s retail industry


Founding Team

Current - Co-founder @ Mobivend Logistics Solutions, Member @ TiE, Past - Head of Marketing & Business Development at Bulldog Sportz & Sports Supply Co.


Mobivend Logistics Solutions Pvt Ltd (2016 - present)
Co Founder

Bulldog Tennis Academy (2012 - 2016)
ITF Certified Coach – Level 1 Trainer (AITA Level IV)

Bulldog Sportz Management Pvt Ltd (2012 - 2015)
Business Development


Uttar Pradesh Technical University
Bachelor’s Degree • 2006 - 2010

Wendy High School, kanpur
High School • 2004 - 2005

Basu Sharma

Co-Founder, COO

Product/Service Summary

Mobivend is the next generation cashless & telemetry solution provider for enabling mobile payments with IoT in a network of Unattended Micro Markets such as open kiosks and Vending Machines.
Introducing payments with Paytm & telemetry (software) services for Merchants operating vending machines.

Auto, Fast & Remote Refunds And Lower Operating Costs

With Mobivend vending software, no need to be present onsite to ensure smooth functioning of the machine. Now merchants can remotely manage inventory, sales and machines with Mobivend telemetry & management ERP suite.

Users save time & money with mobile Payments – Eliminate complexity of inserting cash/coin in the machine. Quick checkout with just a tap of a button on your favourite mobile payment app. Enjoy cashback feature.

Viable option for merchants to remove expensive coin and note acceptors/changers from new machines.

Merchant can put up a tablet (powered by Mobivend app) on the machine to showcase ads.

Product/Service Descriptions