Vortex Engineering, provider of low power consuming ATMs (Automated Teller Machines) headquartered in Chennai will undertake India's first large-scale rollout of solar ATMs. This rollout follows the ...
Chennai-based Vortex Engineering Pvt Ltd has bagged Rs 18-crore deal from the State Bank of India (SBI) to install 545 ATMs in semi-urban and rural India. Out of them, over 300 will be solar-powered, ...
V Vijay Babu, CEO, Vortex Engineering, says: "With an ATM penetration of about 0.04 per 1000 people in India, there is a huge need for Rural ATMs. With this solar innovation becoming a viable option, ...
For Chennai-based Vortex, solar ATMs are not just cash dispensing machines. They have helped the company grow their footprint in the banking sector, where ATMs have become an indispensable component.
People in Third World countries, including tourists and travellers, need access to cash just as much as anyone else People in Third World countries, including tourists and travellers, need access to ...
In urban America, getting money out of the bank means walking a block to the ATM. In rural India, the nearest bank branch might be a day’s journey away. But now a company called Vortex Engineering is ...
A new automated teller machine aims to expand personal banking in rural India, where high temperatures, power outages and identity theft make for particularly challenging terrain. Vortex Engineering ...
New Delhi, India, June 25, 2012 IFC, a member of the World Bank Group, is investing $2.7 million as equity in Vortex Engineering to help the company expand its network of automated teller machines ...
Village vault Making low-cost ATMs that can beat power cuts, an IIT graduate is helping bring rural India under the umbrella of organised financial services. In January, when the State Bank of India ...