Pioneering Rural ATMs
The only ATM that can also work under harsh conditions
NEWS
30 Jan 2012: The Hindu Business Line – The next step for Rural Banking
Solar powered ATMs created by Vortex are helping improve life in rural areas- using technology as an enabler to improve the quality of life.Read Full Story
Solar powered ATMs created by Vortex are helping improve life in rural areas- using technology as an enabler to improve the quality of life.Read Full Story
03 Jan 2012: Economic Times Online – Solar ATMs fuel rural revolution in India
An Indian start-up is catalysing a quiet revolution by designing, developing and installing unique solar-powered ATMs in rural areas.Coverage in Energy Matters, Sify news , treehugger , EFY Times.com , Yahoo , Newswing , nerve.inRead Full Story
An Indian start-up is catalysing a quiet revolution by designing, developing and installing unique solar-powered ATMs in rural areas.Coverage in Energy Matters, Sify news , treehugger , EFY Times.com , Yahoo , Newswing , nerve.inRead Full Story
15 Dec 2011: Multiple publications – Tata Capital Innovations Fund and Aavishkaar invests in Vortex
Funds managed by Tata Capital, Aavishkaar and other existing investors invest Rs. 370 mn in Vortex Engineering Pvt. Ltd as a part of the current planned round of Rs 500 mn. Funds managed by Aavishkaar along with Bamboo Finance and Venture East are existing investors in the Company..Coverage in Mint, Business Standard , BusinessWire , Net4News , MoneyLife , IndiaInfoLine , AndhraNews , SiliconIndia , VCCircle , PE Hub , Asian Venture Capital Journal , CIOLRead Full Story
Funds managed by Tata Capital, Aavishkaar and other existing investors invest Rs. 370 mn in Vortex Engineering Pvt. Ltd as a part of the current planned round of Rs 500 mn. Funds managed by Aavishkaar along with Bamboo Finance and Venture East are existing investors in the Company..Coverage in Mint, Business Standard , BusinessWire , Net4News , MoneyLife , IndiaInfoLine , AndhraNews , SiliconIndia , VCCircle , PE Hub , Asian Venture Capital Journal , CIOLRead Full Story
14 Dec 2011: UN News centre – Vortex is now a BCtA Member : Millions of rural poor to receive banking services
Vortex has been selected to join the Business Call to Action (BCtA) global initiative, which encourages private sector efforts to develop inclusive business models that can have both commercial success and a positive impact in development. Read Full Story
Vortex has been selected to join the Business Call to Action (BCtA) global initiative, which encourages private sector efforts to develop inclusive business models that can have both commercial success and a positive impact in development. Read Full Story
25 Sep 2011: The Hindu Business Line – Catholic Syrian Bank unveils biometric ATM
The Thrissur-based Catholic Syrian Bank (CSB) is entering the biometric ATM domain with the opening of its first such facility in Malappuram district in KeralaRead Full Story
The Thrissur-based Catholic Syrian Bank (CSB) is entering the biometric ATM domain with the opening of its first such facility in Malappuram district in KeralaRead Full Story
23 Sep 2011: The Hindu – Dr Bhaskar Ramamurthi becomes IIT-Madras Director
Dr Bhaskar Ramamurthi, a former student of IIT Madras, and also a Director of Vortex, has been appointed as the Director of IIT MadrasRead Full Story
Dr Bhaskar Ramamurthi, a former student of IIT Madras, and also a Director of Vortex, has been appointed as the Director of IIT MadrasRead Full Story
13 July 2011: Financial Chronicle – Vortex Engg to get Rs 40 cr VC funding
Vortex Engineering, a pioneer in rural ATM technology, is set to raise about Rs 35-40 crore from a clutch of private equity players to fund its growth plans…..Read Full Story
Vortex Engineering, a pioneer in rural ATM technology, is set to raise about Rs 35-40 crore from a clutch of private equity players to fund its growth plans…..Read Full Story
7 July 2011: ATM Marketplace – IFC to invest $2 million in India-based ATM manufacturer Vortex
VC Circle reports that International Finance Corporation plans to invest up to $2 million in Chennai, India-based Vortex Engineering Pvt. Ltd for a minority stake…..Read Full Story
VC Circle reports that International Finance Corporation plans to invest up to $2 million in Chennai, India-based Vortex Engineering Pvt. Ltd for a minority stake…..Read Full Story
27 June 2011: Business Standard – Banking on solar power
Vortex Engineering, a company focused on developing sustainable products for rural India, decides to develop an ATM to meet this segment’s banking demands….Read Full Story
Vortex Engineering, a company focused on developing sustainable products for rural India, decides to develop an ATM to meet this segment’s banking demands….Read Full Story
17 June 2011: Economic Times – How Start-ups are Building Last Mile Connectivity
Chennai-based Vortex, an early entrant in the space, offers biometric-enabled ATMs as a last-mile-reach method to disburse money….Read Full Story
Chennai-based Vortex, an early entrant in the space, offers biometric-enabled ATMs as a last-mile-reach method to disburse money….Read Full Story
30 May 2011: India Today – Big Ideas, Low Cost
The Vortex atm is now being used by the State Bank of India (SBI) in remote areas with intermittent power supply….Read Full Story
The Vortex atm is now being used by the State Bank of India (SBI) in remote areas with intermittent power supply….Read Full Story
6 Dec 2010: Mint – Cash at a fraction of the cost
Chennai-based firm’s Gramateller models consume less than 20% of the power that conventional ATMs need; they don’t need three-phase power or air-conditioned cabins.In September, Time magazine named Vortex one of the “10 Start-Ups That Will Change Your Life”….Read Full Story
Chennai-based firm’s Gramateller models consume less than 20% of the power that conventional ATMs need; they don’t need three-phase power or air-conditioned cabins.In September, Time magazine named Vortex one of the “10 Start-Ups That Will Change Your Life”….Read Full Story
3 Dec 2010: The Hindustan Times – Banks, take note
Vortex’s ATM, engineered to be a low-cost, low-maintenance device, has not been in the market long, but it has already accumulated a stack of plaudits. Earlier this year, Vortex was one of the 12 finalists for the Wall Street Journal Asia Innovation awards…Read Full Story
Vortex’s ATM, engineered to be a low-cost, low-maintenance device, has not been in the market long, but it has already accumulated a stack of plaudits. Earlier this year, Vortex was one of the 12 finalists for the Wall Street Journal Asia Innovation awards…Read Full Story
20 September 2010: TIME Magazine – 10 Start-Ups That Will Change Your Life
When Lakshminarayan Kannan set out to design a low-cost ATM to help deliver banking to the rural poor he had never used one before. When he was growing up in India, ATMs were… Read Full Story
When Lakshminarayan Kannan set out to design a low-cost ATM to help deliver banking to the rural poor he had never used one before. When he was growing up in India, ATMs were… Read Full Story
6 September 2010: The Economic Times – Rural India in the Vortex of change
Vortex’s Gramateller ATM was conceived for rural India, but given its rich features, it can possibly find ready markets even outside and give multinational ATM vendors a run for their money… Read Full Story
Vortex’s Gramateller ATM was conceived for rural India, but given its rich features, it can possibly find ready markets even outside and give multinational ATM vendors a run for their money… Read Full Story
1 September 2010: Mint – India’s Vortex among 31 WEF tech pioneers
The World Economic Forum (WEF) has announced its latest list of Technology Pioneers, comprising 31 of the most innovative technology start-ups from around the world. Only one company from India…Read Full Story
The World Economic Forum (WEF) has announced its latest list of Technology Pioneers, comprising 31 of the most innovative technology start-ups from around the world. Only one company from India…Read Full Story
1 September 2010: World Economic Forum – Vortex Selected as a Technology Pioneer 2011 by World Economic Forum
Vortex is the only company from India to be selected as a ‘Technology Pioneer’ for 2011 by the World Economic Forum…. Read Full Story
Vortex is the only company from India to be selected as a ‘Technology Pioneer’ for 2011 by the World Economic Forum…. Read Full Story
22 Aug 2010 : The Hindu Retail Plus – The sun powers these ATMs
What was impossible a few years ago, is now happening. A solar powered ATM to withdraw cash at points where electricity is hardly available is…. Read Full Story
What was impossible a few years ago, is now happening. A solar powered ATM to withdraw cash at points where electricity is hardly available is…. Read Full Story
28 July 2010: The Wall Street Journal – Expanding Banking in India
Vortex Engineering Ltd., an Asian Innovation Awards finalist, designed its Gramateller ATM with a backup battery system, solar power panels, a 50-degree-centigrade operating range and a fingerprint identification system—all factors that… Read Full Story
Vortex Engineering Ltd., an Asian Innovation Awards finalist, designed its Gramateller ATM with a backup battery system, solar power panels, a 50-degree-centigrade operating range and a fingerprint identification system—all factors that… Read Full Story
30 June 2010: The Wall Street Journal – Companies Compete for 2010 Prizes for Technological Advances in Asia
Challenging questions sparked some of the inventions and ideas that will be recognized in The Wall Street Journal’s 2010.. Read Full Story
Challenging questions sparked some of the inventions and ideas that will be recognized in The Wall Street Journal’s 2010.. Read Full Story
13 June 2010: The Financial Express – ATMs made easy
Gramateller, an ATM that consumes just 72 units of power a month, costing up to Rs 3 lakh.. Coverage in Financial ExpressRead Full Story
Gramateller, an ATM that consumes just 72 units of power a month, costing up to Rs 3 lakh.. Coverage in Financial ExpressRead Full Story
May 2010: The Entrepreneur Magazine – ATMs go rural
“I became an entrepreneur by accident,” says L. Kannan, CTO and Founder, Vortex Engineering Pvt. Ltd., a Chennai-based manufacturer of low-cost, low-power ATMs for rural.. Read Full Story
“I became an entrepreneur by accident,” says L. Kannan, CTO and Founder, Vortex Engineering Pvt. Ltd., a Chennai-based manufacturer of low-cost, low-power ATMs for rural.. Read Full Story
18 April 2010: Business India – Money for the masses
Vortex Technology deploys the Gramateller, a solar- powered ATM..Read Full Story
Vortex Technology deploys the Gramateller, a solar- powered ATM..Read Full Story
11 March 2010: Multiple publications – Vortex Engineering leads India’s first large-scale rollout of Solar ATMs
The Chennai-based Vortex Engineering, provider of rural automated teller machines (ATMs).. Coverage in The Hindu, Business Line , Financial Express , Business Standard , Financial Chronicle , DNA , Finextra Read Full Story
The Chennai-based Vortex Engineering, provider of rural automated teller machines (ATMs).. Coverage in The Hindu, Business Line , Financial Express , Business Standard , Financial Chronicle , DNA , Finextra Read Full Story
August 2009: Technology Review – Cash Boxes for Rural India
Ingenious cash dispensing machine creates limitless opportunities for rural banking services.Coverage in Technology Review, India EditionRead Full Story
Ingenious cash dispensing machine creates limitless opportunities for rural banking services.Coverage in Technology Review, India EditionRead Full Story
Gramateller’s successful use in NREGA payments Vortex Gramateller’s successful use in NREGA payments covered in Govt of India website on NREGA…..Read Full Story
28 April 2009: The Times – Case study: Vortex – small solution to big problem
Vortex, a Madras-based technology start-up, was funded by a two million rupee (£24,400) injection from Aavishkar, a specialist micro venture capital (MVC) investor…Read Full Story
Vortex, a Madras-based technology start-up, was funded by a two million rupee (£24,400) injection from Aavishkar, a specialist micro venture capital (MVC) investor…Read Full Story
7 March 2009: Outlook Business – Low cost Cash Box
With ATMs that are one-fourth the cost of regular ones, Vortex Engineering is looking to crack the rural market Read Full Story
With ATMs that are one-fourth the cost of regular ones, Vortex Engineering is looking to crack the rural market Read Full Story
February 2009: Banking Frontiers – Low Cost ATM
Vortex Engineering is a pioneer in the country in developing a low-cost all-purpose ATM, for rural areas. Read Full Story
Vortex Engineering is a pioneer in the country in developing a low-cost all-purpose ATM, for rural areas. Read Full Story
23 Nov 2008: The Hindu – ATM wage disbursal for NREGS beneficiaries
CUDDALORE: Local Administration Minister M.K. Stalin inaugurated the new system of wage disbursal through the automated….. Read Full Story
CUDDALORE: Local Administration Minister M.K. Stalin inaugurated the new system of wage disbursal through the automated….. Read Full Story
23 Nov 2008: The Times of India – NREGS wages to come via ATMs
CHENNAI: Farmhand Rajeswari, 30, is thrilled. She was the first in her village to place her thumb on a automated teller machine (ATM)…..Read Full Story
CHENNAI: Farmhand Rajeswari, 30, is thrilled. She was the first in her village to place her thumb on a automated teller machine (ATM)…..Read Full Story
27 Oct 2008: Business Line – Vortex wins order for 600 low-cost ATMs
The Chennai-based Vortex Engineering Pvt Ltd has bagged an order from a leading MNC automatic teller machines (ATM)…..Read Full Story
The Chennai-based Vortex Engineering Pvt Ltd has bagged an order from a leading MNC automatic teller machines (ATM)…..Read Full Story
8 Sep 2008: The Economic Times – Banking on Innovation
In a time when India was consolidating its position as a back-end services provider to foreign customers….. Read Full Story
In a time when India was consolidating its position as a back-end services provider to foreign customers….. Read Full Story
12 March 2008: Times Online – State Bank of India takes no-frills ATM to rural masses
India’s largest bank is turning to one of the country’s smallest technology companies for a new minimalist cash machine it hopes… Read Full Story
India’s largest bank is turning to one of the country’s smallest technology companies for a new minimalist cash machine it hopes… Read Full Story
In The News
Business Line, 30 Jan 2012: The next step for Rural Banking
The UN News Centre: 14 Dec 2011: Vortex joins BCtA initiative backed by UN
More News
Write to us
For sales enquiries, write to
info@vortexindia.co.in
or call +919500001142
For customer support,
call toll free 1800-425- 8789
VRTX
For sales enquiries, write to
info@vortexindia.co.in
or call +919500001142
For customer support,
call toll free 1800-425- 8789
VRTX
