E Cube India Solutions is into manufacturing of mobile-operated vending machines and products like V-Cash which enables payments to vendors directly through the cellphones via an SMS.
"Our order book for vending machines has exceeded our manufacturing capacity which has led us to expanding it by over three times. We will be taking up the capacity from 4,000 to over 15,000 vending machines by next year," said Ashesh Shah, founder and managing director of E Cube India Solutions. The company in also in talks with a few PE funds for investing over Rs 55 crore over the next one year.
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