The makers of Atchayam foodbox, as the machine is called, claim that it is a first of its kind concept in the food and retail industry and insist it is not a vending machine.
Satish Chamy Velumani, a first generation entrepreneur from Coimbatore who is also the founder and CEO of Atchayam Foodbox, says it is like an ATM where you can withdraw cash by yourself.
The foodbox serves everything from snacks to complete meals from popular restaurants in the city.
The food is packed and brought from the restaurants in boxes and stored in a climate controlled environment. When a customer chooses a particular dish, it is heated and served in 90 seconds.
The entire box can hold 225 food packs. Sales at Koyambedu is currently 70-80 packs per day and at DLF IT Park its anywhere between 200 and 300. There is also an online monitoring system that tracks when the food is packed and sends alerts when the stocks are low. It also automatically stops selling any food item that is beyond its expiry time.
(PGDM IV SEM)