GoldPe launches APM (Automated Pawn Machine) -A Revolutionary AI-Based Gold Loan ATM

Bengaluru (Karnataka)   [India], October 31: In a grand event held at the prestigious Hotel Lalith Ashoka, Bengaluru, a revolutionary product was unveiled that is set to redefine the gold loan industry. The product, an AI-based Gold Loan ATM machine known as GoldPe | APM (Automated Pawn Machine), was launched amidst much fanfare and anticipation. [...]

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PNN Verified Media or Organization • 11 Apr, 2026 Agency
October 31, 2023 • 2:08 PM  0
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GoldPe launches APM (Automated Pawn Machine) -A Revolutionary AI-Based Gold Loan ATM
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Bengaluru (Karnataka)   [India], October 31: In a grand event held at the prestigious Hotel Lalith Ashoka, Bengaluru, a revolutionary product was unveiled that is set to redefine the gold loan industry. The product, an AI-based Gold Loan ATM machine known as GoldPe | APM (Automated Pawn Machine), was launched amidst much fanfare and anticipation. [...]
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GoldPe launches APM (Automated Pawn Machine) -A Revolutionary AI-Based Gold Loan ATM

Bengaluru (Karnataka)   [India], October 31: In a grand event held at the prestigious Hotel Lalith Ashoka, Bengaluru, a revolutionary product was unveiled that is set to redefine the gold loan industry. The product, an AI-based Gold Loan ATM machine known as GoldPe | APM (Automated Pawn Machine), was launched amidst much fanfare and anticipation. The event saw the presence of esteemed dignitaries including Shri. VP Nandakumar, MD & CEO (Manappuram Finance Ltd & Shri. Sharangouda G. Patil, MD (Karnataka State Souharda Federal Cooperative Ltd).Their presence added to the significance of the occasion and highlighted the importance of this innovative product in the financial sector.

The launch of GoldPe | APM marks a significant milestone in the gold loan industry specifically for Banking and Financial institutions Gold Loan Scams is one the Biggest challenging factors for Banking and Financial institutions, as per records more than 120+Cr Gold Loan scams has been found OFFICIALLY and legal actions has been taken on the Branch Managers, Gold Appraisers and Public. Several Gold Loan companies have written off more than 100+ Cr due to these scams. When AI and Gold Purity Analyzer placed inside the machine 99% of Gold Loan scams can be eradicated from the Banking and Financial institutions, which will be an added benefit and profit key point for the Banking and Financial institutions.

Speaking about the AI  Goldpe launch,Mr.Vijay Rajagopalan, Founder and Patent Holder’s -GoldPe, said, “At Goldpe , we have always believed in the goodness of people to provide safe, effective solutions and Technological advancement for our customers (Banking, Financial Instutions & Public). GoldPe | APM is a state-of-the-art Automated Pawn Machine that leverages advanced Artificial Intelligence technology to provide instant gold loans. This machine is not only designed to analysis Gold, it will also Analyze Platinum & Silver to Overseas Market and make ease of loans more accessible, efficient, and secure for customers 24 x 7”.

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PNN Verified Media or Organization • 11 Apr, 2026 Agency

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