Vortex Engineering
Encyclopedia
Vortex Engineering is an a India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

-based company that is engaged in the sale, manufacture, installation and service of self-service transaction systems (such as ATM
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...

s) primarily focussing on rural market. Its product, Gramateller, is a low cost, low power consumption, wide temperature range of operation, solar power generation, biometric authentication and simple design are key factors.

History

Vortex was founded by an IIT Madras alumni, L. Kannan in 2001, starting with products related to technology applications in rural life. Around 2004-05, they ventured into ATMs.
Their first pilot deployment was for disbursal of NREGA wages through their ATMs in Tamil Nadu, in association with IIT Madras in 2008.
They made their first major break though with the winning of an order for 545 ATMs including 300 solar powered ATMs from the State Bank of India!

Products

Vortex, a winner of Technology Pioneers 2011 of the World Economic Forum and a finalist of Asia Innovation Award of the Wall Street Journal, designed its Gramateller ATM with a backup battery system, solar power panels, a 50-degree-Celsius operating range and a fingerprint identification system—all factors that make it a viable ATM in developing areas.
  • Gramateller Indi ATM
  • Gramateller Duo ATM
  • Lobbyteller ATM
  • Olive ATM Switch
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