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Launch of Desktop Application – Track Every Coin

Posted on 03 April 2011 by Vikram

Track Every Coin now has a Desktop Application. The desktop application is a standalone application that can be used without internet connection to keep track of your income, expense, split bills and company reimbursements.

If you travel a lot and need the app on your laptop/netbook or like to have your financial information on your desktop, then the Track Every Coin Desktop Application is for you!

The App also has an option to sync with your web account at Track Every Coin for data backup. If you change your computer your data is always intact.

We have built the app with Adobe AIR, that makes it platform independent. It works on Windows, Mac and Linux.

You can download the application by visiting our homepage:, click on “Get Desktop App” and then click on Install now. Here are a couple of screenshots:

Expense screen:

Graphs -> Pie charts:

Go on and download the app for your computer. Download from here.

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Mobile application for Track Every Coin

Posted on 15 March 2011 by Roopa

Track Every Coin’s mobile application for Nokia phones is now live. Click here to download the app from Nokia OVI store.

This is only our step 1 in the mobile app space.

This application will currently work on all S60 phones with 240×320 resolution. We will shortly roll out for other resolutions.


We will also develop applications for other phones in the future (Android, i-phone, Blackberry, etc).

If you have an i-phone, an android or a blackberry, for now – you can always access Track Every Coin by visiting “” from your mobile’s browser.

So what is the advantage of a mobile application?

  • You can add an expense on the go.
  • You do not need internet access on the mobile all the time.
  • You can sync your data to your account on the web at your convenience.

Go ahead and download the application and let your friends know about it!

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Features of TECI Device (Video)

Posted on 17 July 2010 by Vikram

This video shows all the cool features that you can do with TECI. It is small, handy, cool to carry around!

Note: Currently the events are not live on our site. Once the event is live on the site, you will be able to create new events on TECI.

To see how to sync with the website please watch this video.

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How to use Track Every Coin

Posted on 16 July 2010 by Vikram

This video shows the first time use of TECI, how to enter expense on TECI and how it is transferred to the website. Click here to view the video on youtube.

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Track Every Coin the big picture…

Posted on 14 July 2010 by Vikram

With lot of questions on what features we would have in the future, we thought it will be a good idea to show a sneak peek of the future features  to our users. The following features will be rolled out one by one…

Notice the following:

  1. There are 3 more tabs that will come up; Dashboard, Planning and Events.
  2. Settings button on the top right (next to log off) will contain all the user profile (change password, etc)
  3. Notice the “Edit” next to Category-wise spending -> this will help you edit and change your categories.
  4. Notice the Expense Graph -> this will give you an overview of your expense
  5. Reminders -> will help you pay your bills on time.
  6. All the expense that are shared now will show up under “Who Owes me?” on the right. This will also have your “Reimbursement” expenses.
  7. You can search by category, amount and also by different clients (website, mobile, TECI hardware).
  8. Planning will contain different goals that will help you plan your future.
  9. Events will be of two types, Shared and non shared. A shared event can be with friends, non shared event is your personal group expenditure.
  10. Lastly the Dashboard will have overview of your income, expense, savings per month and some more graphs.

The reason we went live without completing all these features, is to learn and put the right features that users want. In the past 2 days we have already learnt a few more things from the users and have made notes of them. Please continue give us feedback on bugs as well as new features that you would like to have.

Couple of words on the TECI hardware:

The hardware device(TECI) has many advantages. It is the fastest way to make note of your expenditure and forget about it. The hardware remembers the date and time when the expense was made and you will be able to enter which category the expense belongs to.

It is a bi-directional device, i.e. when you sync with  your account, information from the website is transferred to the device and vice versa. Once our event feature is completed, let us say you add a new Event Eg: Goa trip with 5 friends. Once you create an event on the web and sync TECI, the TECI will show the event “Goa Trip” and also the names of all 5 friends. During the trip you can enter everyones expense and also their shares. Once you sync back, the system will inform everyone about the bill settlements.

So we are really excited to bring all these features! Hope you like them. Do follow our blog for more updates.

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Track Every Coin goes Live!

Posted on 12 July 2010 by Roopa

Folks, we are overwhelmed to announce that Track Every Coin has gone live on 12th July 2010!

Who is it for?

Track Every Coin is a personal finance product for anyone who finds a need to get organized with their money and analyze their financials.

We have identified two unique needs of our customers. The first kind of users are those who prefer TECI – a small electronic gadget and the second kind are those who have a smart phone for whom we have built a mobile application that can be downloaded from the ovi store. The mobile app is in its final leg of completion and will be launched shortly.

How does it work?

Track Every Coin comes with TECI, the desktop uploader and a website.

  • TECI is a small electronic device handy to capture the expenses incurred on the go and can be bought online right away!
  • The desktop uploader is used to sync these entries from the TECI to the website via USB.
  • The website ( is to analyze income, expenses and savings.

More More, we want More!

We’ll be continuously adding new features to the website and device, so stay tuned to this blog.

It has been a long journey to get to this point. We thank everyone for your support and appreciate for being patient. We have launched the alpha version of the website. So in case you encounter any issues, please let us know.

We will be more than happy to receive your feedback about track every coin.

Get your TECI now and sign up for free at

And yes … Now Never Lose Track of your Money!

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Molding of TECI

Posted on 21 May 2010 by Vikram

Yesterday we took the almost final trial of TECI (Track Every Coin hardware device) after molding.

Due to unavoidable circumstances, the molding company took a little longer than we expected. Nevertheless we got to see the process of injection molding, and it is extremely complex. It took them more than 200 electrodes to edge the tool. It is a field where precision is of atmost importance as it dictates the look and feel of the end product.

Notice the product stuck to the mould after it is complete. Once the moulding company finalizes the mould, it has the capacity to product one TECI every 20 seconds!

Meanwhile we have finalized the packing (blister packaging) of the product and here is the sample picture of it.

… yes, you are right, it resembles our company logo! 🙂 We are looking forward to your feedback on the packaging.

Hopefully everything goes smooth from now (fingers crossed) and the product will be produced soon.

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Is it an i-pod?

Posted on 04 February 2010 by Vikram

Believe it or not, in India the term “I-pod” has taken a common name for an MP3 player.

In the common market, if someone asks you “Which i-pod do you have?”.

If you say you have a nano, shuffle, touch… he would be confused! But if you say that you have an Apple, Sony or a Philips i-pod he understands!

I wonder how this happened. How did the word ‘I-pod’ takeover the name for an Mp3 Player? Is it because Apple did not spread the awareness very well in India and the buzz spread through word of mouth? I wonder if the following could have happened:

Person A: What is an i-pod?

Person B: It is something that can play music!

Now when Person A sees an MP3 player he thinks it is an i-pod! 😀

Not sure if this is a boon or a bane for Apple! Yes, the word “i-pod” is now widely used, but not sure if that is translating to sales for them.

Anyways we are keeping a short name for our product. The hardware device will be called “TECI”, short form for Track Every CoIn. So that it is easy to refer it – “Do you have a TECI?” 🙂

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Manufacturing of Track Every Coin

Posted on 09 January 2010 by Vikram

We have completed the manufacturing of our PCBs (Printed Circuit Boards). We are working with our partner Micron EMS, who are into Electronic Manufacturing Services. The process of putting the components together is fascinating. We thought we will show you the process.

Here is a small video showing how the components are placed together…

All components are surface mounted and some of them are as small as 1.00 mm by 0.5 mm. The robot picks up the components and places them at the right place and it does it with great precision.

After all the components are placed they are soldered using a wave soldering machine. Here are the PCBs placed after soldering.

After soldering of the components these PCBs will be tested and assembled.

Hope you enjoyed watching the video. We thought it was quite cool.

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Joining the dots

Posted on 30 December 2009 by Roopa

I believe that building a product is like building your dream home. You take atmost care in laying out the essentials, chalking out the must-haves, drawing the blue print of the architecture, bricking the house to designing the interiors that makes a cozy home.

Similarly, at IONLAB, we have made sure Track Every Coin is on par with any internationally acclaimed consumer electronic goods and has features that cater to the needs of all of us. Despite the delays and little setbacks we have now been able to put two and two together. We present you the final prototype of our much anticipated hardware device – Track Every Coin, nicknamed TECI 🙂

With the holiday season kicking in, this is normally the time you get to spend some time with your family reflecting on the good moments of 2009. We decided to retrospect and bring to you the highlights at Ionlab and the making of TrackEveryCoin, a project we have put our hearts and souls into.

January 2009: Prototype breadboards were converted to PCB designs

February 2009: Researched and begun sourcing components from various suppliers (LCD, Micro-controller, USB etc) from Singapore, China and India

March 2009: Changed LCD module to work at low voltage, Started talks with manufacturers, CAD designing, and completed Low level drivers for the hardware.

April 2009: New hardware version released (low power micro controller), Ported low level drivers for the new micro controller, Started design work on website.

May 2009: Sourcing of hardware components, Hardware design frozen for CAD designs, Trackeverycoin pre-launch website, website launched.

June 2009: Local source for LCD modules found, Identified manufacturing service, Base design for mobile application.

July 2009: PCB design for production complete, Placed production order for microcontroller and other components.

August 2009: Application software testing on production hardware, base version of CAD design ready. Website architecture design in place.

September 2009: PCB fabrication complete, received the first plastic prototype, testing different versions of mobile application.

October 2009: Identified packaging people, button sticker people, Microcontroller and other components arrives, second and third prototype of plastics arrives, Front end UI of website frozen, Mobile navigation simplified.

Noverber 2009: Application software bug fixes, Manufacturing plant software released, Desktop software (used to upload hardware data to website) is complete (testing in progress). Completed user manual for hardware.

December 2009: Integration of website backend and frontend started, Received the final prototype (shown above), we are tooling ready, Mobile application testing in progress, Desktop software released.

Next couple of milestones:

  • Production of hardware
  • Tooling of device and production
  • Packaging
  • Mobile application launch
  • Alpha/beta testing of website
  • Launch of hardware

Much appreciate your comments and feedback! A fantastic 2010 to all of you. Thank you for following our blog and cheering us thru 2009.

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Hardware product development

Posted on 05 October 2009 by Vikram

There has been series of delays in our product release, we thought it would be a good idea to let everyone know what is happening and how our journey has been so far. We are really close to the finish.
When we first believed in the Track Every Coin idea, we started prototyping it.

There has been series of delays in our product release, we thought it would be a good idea to let everyone know what is happening and how our journey has been so far. We are really close to the finish.

When we first believed in the Track Every Coin idea, we started prototyping it.

We bought some ready-made, off the shelf LCD displays. These displays were just numeric displays, so one had to select the category from the list given. Never the less we were able to enter the expenditure and categorize it too. The system would talk to a computer through USB and transfer all the data successfully. And yes… the product was HUGE!

After this we decided to work on the LCD part a little more.

We got rid of the numeric display and got an LCD which can display numbers and text at the same time. This gave us options for many more features like someone owes you, you share a trip with a friend, track reimbursements, etc.

After this we further worked on the size of the PCB and finally reached a small size of the PCB.

We got our first plastic prototyped and now working on reducing the form factor and making it smaller and sleeker. After that we have to think of some colors and some cool graphics on it.

Here is the rough size of the device with two buttons on top. The final size will go down further.

The experience has been great so far and all of us are really excited to bring this product our. We are hoping the product will help everyone to get financially organized and “Track Every Coin“.

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The new ION packaging!

Posted on 21 April 2009 by Vikram

Today is the second birthday of our [ION USB Charger]( and we are happy to announce that it is now available in a new and improved packaging!

We needed some improvements to our packaging because:

1. Our previous packaging did not have the product visible.
2. The packaging needs to have a hook so it can be hung – that is how all accessories are placed in a retail store these days.
3. We had room for improvement on the look of the box.

The new packages arrived in a box:

The packaging has arrived

And we soon formed an assembly line. I removed the ions from the previous packaging:

Taking out the old packaging

Vikram filtered out the new packages, including rejecting any damaged ones:

Clean 'em up

Varun folded the boxes and put the new ions in them:

Varun putting the ions in the new packages

It doesn’t sound glamorous, isn’t prestigious to talk about, but it sure was a lot fun and exciting. That’s what startups are about!

Vikram totally excited

ions galore

Here are the newly-packaged ions stacked back in the box:

Stacking them in a box

Just to put things in perspective, here is our packaging and its size compared to the competition:

Comparing our size to the competition

And here is our previous and new packaging:

Old vs. New packaging

Here is the sleek “product photography” version:

The ION USB charger

[You can grab an ion with the new improved packaging at]( 🙂

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What we do

Posted on 07 October 2008 by Vikram

When I meet people and have a conversation, they eventually ask the question “So, what do you guys do?”

I like to say “We make stuff” but that’s hardly understandable. The best example I like to give is the [Swinxs]( (found [via Springwise](

> The Swinxs games console is designed for active games both inside and outdoors. The Swinxs console can talk, can recognize, encourages and explains games. It even acts as referee. The console is light, compact and due to its sustainable battery, is easy to take with you to the park, playground or the beach.


My favorite part is that the children get RFID-tagged colorful bracelets to wear. The tags serve multiple purposes from identifying each participant to keeping track of their scores. For example, if there’s a running race, the child can just bring their hand close to the game console at the finish line, and it’ll immediately recognize you and tell how much time you took.

And there are a lot more games to play:

> The downloadable games are divided into age and category. The games possibilities are endless and vary from traditional hide and seek to educational quizzes and adventurous games. The games can be downloaded FREE from this website. Stories and music can also be downloaded on the Swinxs, as well as games.

[The video demo]( showcases the product really well:

Kids these days are addicted to gadgets like Gameboys, mobile phones, etc. The Swinxs is in the same category but it actually encourages them to be more physically active as well as more social with other kids.

There are many other salient features that appeal to us:

– It is *useful*. Especially in terms of providing functionality that is not normally available through any other means.
– The device connects you with the real world. It’s not a world onto its own.
– It is fun.

This is the kind of stuff that we dream of, the kind of stuff that we like to work on.

What’s interesting is such products bridge the offline world and the computer/online worlds. After all, shouldn’t technology be helping you to live a better offline life, than making you spend more time with the technology itself?

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