Four entrepreneurs who founded this startup designed the world's first smart calculator device Tohands Smart Calculator. (Photo BY Arrangement)
HYDERABAD: Over the years every electronic gadget has transformed to become smart in an attempt to reduce hassles of its users. However, calculator – one of the most used device – remained more or less in the same form for several decades.
The calculator, nevertheless, could finally get a smart makeover. Courtesy, a Hyderabad-based startup Tohands.
Four entrepreneurs who founded this startup designed the world's first smart calculator device Tohands Smart Calculator. It helps users such as shopkeepers to keep track of their instore transactions, including income and expenses during a specific period through the Tohands App on the mobile.
"This device spares the shopkeeper the hassle of jotting down all the income and expenses made during the day and presents an updated statement at the click of a button," the company said in a statement after the calculator was launched by IT secretary Jayesh Ranjan on Tuesday.
Tohands is supported by Startup India Seed fund and T-hub. It has raised through them Rs 50 lakhs till date for developing the smart calculator.
"The current options of SMBs are not user friendly. Keeping track of all the transactions and recording the income and expense in a note book is laborious and not foolproof too. Using an app to record every transaction is time consuming and distracts attention from the customer. Our Tohands Smart Calculator precisely addresses these day to day challenges. It records every transaction on the mobile app in real time and the shopkeeper can access it at his convenience, thus helping him to place his thrust on customer servicing and win their loyalty, said Praveen Mishra, the company's CEO.