Vakrangee’s subsidiary -- Vortex Engineering (Vortex) has signed a Service Level Agreement (SLA) with UCO Bank for the supply, installation, and maintenance of 300 new ATM machines. Under the terms of the agreement, Vortex will provide end-to-end solutions for 300 New ATMs over a period of seven years, with a total contract value of Rs 12.81 crore.
The company has successfully deployed over 14,000 ATMs across diverse geographies, backed by annual production capacity of 12,000 units. Vortex’s IP portfolio, comprising 9 registered patents in ATM and cash dispenser technologies, stands as a testament to its engineering excellence and innovation-driven culture. Further enhancing its value proposition, Vortex has developed PERFO -- a remote ATM monitoring platform that is both cross-platform and cross-vendor compatible. This next- generation software enables real-time oversight, predictive maintenance, and efficient fleet management, ensuring optimal performance across heterogeneous ATM networks.
Vakrangee offers an extensive array of services across various sectors by providing BFSI, ATM, E-Commerce & Logistics Services.
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