Goldsikka with technology support from Hyderabad-based startup, Opencube Technologies has launched its first Gold ATM at Begumpet and described it India’s first Gold ATM and world’s first Real Time Gold ATM. This ATM can dispense gold coins in different denominations ranging from 0.5 gm to 100 grams. The company plans to launch three machines in the Hyderabad at the airport, old city and propose to launch them in Karimnagar and Warangal also. Taruj said plans were being drawn to launch 3,000 machines all over India in coming two years.
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