Indian startup Proxgy launches Kadi UPI watch priced under Rs 1000

Indian startup Proxgy has launched its Kadi UPI Watch aiming to bridge the digital divide for street vendors and hawkers and enabling their participation in India’s thriving digital economy.

The Unified Payment Interface (UPI) has become India’s preferred fast payment system, receiving global attention and admiration. However, a significant number of street vendors and small-scale merchants are yet to reap its benefits due to smartphone and infrastructure limitations.