Proxgy launches Kadi UPI smartwatch for street vendors, hawkers

10 months ago 507

Indian IoT

startup

Proxgy

has expanded its product portfolio with a new smartwatch named

Kadi

. This UPI-enabled smartwatch is designed for the segment of Indian society that is yet to fully participate in this digital transformation, which includes street vendors and hawkers. The company stated: “Often without access to smartphones or electricity, these individuals are left behind in the swift current of technological advancement.” Proxgy also noted that this "Make in India" smartwatch is designed for users “who operate on the fringes of conventional retail infrastructure.”
Proxgy Kadi UPI smartwatch: Price and availability
The latest UPI-based smartwatch is priced under Rs 1,000.

The company claims that this is a purpose-driven device aimed at empowering blue-collar workers, street vendors, and small-scale merchants. ‘Kadi’ which means 'Link' in Hindi offers a simplified interface designed for environments lacking electricity and smartphone accessibility
.

The Kadi™

UPI

Smart Watch will be offered through Proxgy's existing channels to fintech, public and private banks, and B2B and B2G clients. Proxgy has also collaborated with multiple insurance providers to offer street vendors optional daily insurance plans at Rs 1 per day, when bundled with the Kadi UPI watch.
Proxgy Kadi UPI smartwatch: Key specs and features
The Kadi UPI smartwatch features a Display Settlement Process (

DSP

) which is powered by 4G NB-IoT technology. The feature is also enhanced with optional

NFC

payment support in the Pro variants of the smartwatch.

This device enables real-time payment alerts across multiple gateways and improves transactional efficiency and reliability. With its single crown-touch QR display, vendors can switch between various

Virtual Payment Address

(

VPA

) QR codes to take advantage of different payment gateway offers and loan schemes.
Additionally, the Kadi UPI Smart Watch also offers optional daily insurance plans starting at just Rs 1, along with health monitoring features and a battery life that promises to last up to 5 days.
The company is also set to launch a standalone Kadi app which will be compatible with existing

Android

smartwatches. This new app aims to replace the need for multiple devices.

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