Hyderabad gets India’s first real-time gold ATM.

  • Goldsikka , with technology support from Hyderabad-based startup, Opencube Technologies, has launched its first gold ATM in Begumpet, touting it as India’s first gold ATM and the world’s first real-time gold ATM.
  • The capacity of the ATM is to hold 5 kg of gold. There are 8 options available for gold quantity ranging from 0.5 grams to 100 grams.
  • The company is planning to launch three machines at Hyderabad’s old city airport and also proposes to launch them at Karimnagar and Warangal.
  • Plans are being drawn up to launch 3,000 machines across India in the coming two years.