Tohands Launches Smart Calculator V5 Silver: A Revolutionary Tool for Merchants
Bengaluru: Tohands PVT. LTD, a Bengaluru-based fintech startup, has unveiled its latest innovation, the Smart Calculator V5 Silver. This AI-powered device is designed to support the Kirana ecosystem and small retail businesses, marking a significant milestone in the company’s mission to digitally empower small enterprises across India.
What is the Smart Calculator V5 Silver?
The Smart Calculator V5 Silver is a compact yet powerful device tailored for merchants. It effectively tracks sales and expenses, manages payments and inventory, and provides AI-driven insights for daily operations. Its compatibility with barcode scanners and printers, along with remote access capabilities, allows merchants to access records and reports from anywhere, enhancing their operational efficiency.
Seamless Offline and Online Functionality
One of the standout features of the Smart Calculator is its ability to function both offline and online. This ensures that merchants can securely store data even without an internet connection, making it a plug-and-play solution for those who may be digitally challenged but are keen on leveraging technology. This enhances accessibility for small retailers who typically face barriers with modern digital solutions.
User-Friendly Design with Advanced Features
Inspired by the Maya principle—combining advanced technology with user acceptance—the Smart Calculator V5 Silver is designed for ease of use. Despite its sophisticated AI enhancements, the device remains highly affordable, aligning with Tohands’s vision to democratize retail technology for the wider population in India. This approach bridges the gap between high-tech solutions and real-world retail needs, often overlooked by traditional ERP systems and POS applications.
Supporting Local Businesses in India
Praveen Mishra, the founder and CEO of Tohands, emphasized the importance of this product in addressing the challenges faced by local Kirana stores. “In every nook and cranny of this country, there is a Kirana store running on trust and hustle but lacking the tools available to modern retailers. Our goal is to empower these businesses to reduce losses, save time, and ultimately enhance their profitability,” Mishra stated.
Gaining Traction in the Retail Market
Tohands has successfully integrated thousands of Kirana stores across India, establishing a robust presence in just four years. The startup gained national recognition through its appearance on Shark Tank India, catching the attention of investors like Radhika Gupta and Varun Dua. Their investment has propelled Tohands to secure ₹3.5 crores from Shark Tank and an additional ₹50 lakhs from the India Seed Fund.
Redefining Retail Technology
The Smart Calculator V5 Silver’s market relevance stems from its ability to provide digital solutions without requiring app downloads or internet access, making it a unique and revolutionary tool for small businesses in Bharat. The recent Reimagine 5.0 event also highlighted Tohands’s rebranding, marking its transition from a hardware startup to a comprehensive retail technology platform. Live demos showcased the Smart Calculator V5 Silver alongside the V5 Tohands mobile application, displaying real-time successes from retailers who have adopted this technology.
The launch event was attended by prominent figures from the ecosystem, including representatives from Edelweiss, Acko, Accel, T-Hub, and Turbostart. This gathering underscores the growing interest in practical, adaptive technology that meets the distinctive needs of the Bharat commercial economy.