Bangalore has witnessed the launch of CashNoCash.com, a free service launched to help citizens find cashpoints like ATM, bank and post office nearest to them.
Based on crowdsourced information, the site helps users across India find the nearest ATM, bank or post-office to get insights on cash availability and waiting time in queues for cash exchange or withdrawal. It also offers users a chance to report this information back to the site thereby contributing to real-time updates at each mapped cash point.
Supported by Quikr and Nasscom, the site has been conceptualized and developed by Manjunath Talwar and Abhijit Khasnis, Quikrites and co-founders of Hiree.
"The scale of problem is humongous. The government and financial institutions are doing everything they can. This is our teams effort to help the cause by using technology and knowledge of the crowd. The support we’ve received is great, Quikr is a forward looking technology company and offers a stimulating and fertile environment for likeminded people," said Manjunath Talwar and Abhijit Khasnis, co-founders of Hiree, a Quikr company.
Ashok Madaravally, Director at NASSCOM 10,000 Startups said, “We have always been supporting of technology startups especially startups that are solving Indias biggest pain points. We are excited to know and support that the Hiree team, an alumni startup from the NASSCOM 10,000 Startups program is solving this temporary but nevertheless pressing challenge of limited cash being available in the market.”
