AGS Transact Technologies

Mumbai, India Founded: 2002 • Age: 24 yrs
End-to-end payment processing solutions are provided for merchants and businesses.
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About AGS Transact Technologies

AGS Transact Technologies is a company based in Mumbai (India) founded in 2002 by Ravi B Goyal.. AGS Transact Technologies has raised $80.99 million across 4 funding rounds from investors including TPG, Actis and Trust Capital. The company has 2,490 employees as of March 31, 2023. AGS Transact Technologies operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Xendit, among others.

  • Headquarter Mumbai, India
  • Employees 2490 as on 31 Mar, 2023
  • Founders Ravi B Goyal
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ags Transact Technologies Ltd.
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
    $176.87 M (USD)
    -12.01
    as on Mar 31, 2023
  • Net Profit
    $-9.63 M (USD)
    -316.68
    as on Mar 31, 2023
  • EBITDA
    $24.05 M (USD)
    -50.19
    as on Mar 31, 2023
  • Total Equity Funding
    $80.99 M (USD)

    in 4 rounds

  • Latest Funding Round
    $75.45 M (USD), Debt – Conventional

    Mar 26, 2021

  • Investors
    TPG

    & 3 more

  • Employee Count
    2490

    as on Mar 31, 2023

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IPO & Listings of AGS Transact Technologies

AGS Transact Technologies is a publicly listed company on the NSE with ticker symbol AGSTRA in India, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: AGSTRA . Sector: Commercial services · India
People of AGS Transact Technologies
Headcount 200-500
Employee Profiles 6
Board Members and Advisors 6
Employee Profiles
People
Shailesh S. Shetty
Managing Director
People
Kaushal Sheth
Location IN Charge AT Gandhidham
People
Ranjitsinh Gohil
Branch Head
People
Raju Pal
Senior Executive Human Resources

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Board Members and Advisors
people
Sudip Bandyopadhyay
Director
people
Ravi B. Goyal
Chairman
people
Anupama R. Goyal
Director
people
Preeti Malhotra
Non-Executive, Independent Director

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Funding Insights of AGS Transact Technologies

AGS Transact Technologies has successfully raised a total of $80.99M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75.45 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $75.5M
  • First Round

    (07 Jun 2011)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2021 Amount Debt – Conventional - AGS Transact Technologies Valuation

investors

Aug, 2012 Amount Private Equity Round - AGS Transact Technologies Valuation Actis
Mar, 2012 Amount Private Equity Round - AGS Transact Technologies Valuation TPG
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AGS Transact Technologies

AGS Transact Technologies has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include TPG, Actis and Trust Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Sustainable infrastructure projects are invested in for essential services.
Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Multiple sectors are invested in via fund of funds structure.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AGS Transact Technologies

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - AGS Transact Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ags Transact Technologies Comparisons

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Competitors of AGS Transact Technologies

AGS Transact Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Xendit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Payment processing and card issuance solutions are provided for businesses.
domain founded_year HQ Location
Payment and business banking solutions are provided for enterprises.
domain founded_year HQ Location
Provider of payment processing solutions for businesses
domain founded_year HQ Location
Online payment processing and credit solutions are provided for businesses.
domain founded_year HQ Location
Online payment and money transfer platform for businesses
domain founded_year HQ Location
Payment issuance and processing solutions are provided for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Ags Transact Technologies

Frequently Asked Questions about AGS Transact Technologies

When was AGS Transact Technologies founded?

AGS Transact Technologies was founded in 2002 and raised its 1st funding round 9 years after it was founded.

Where is AGS Transact Technologies located?

AGS Transact Technologies is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Is AGS Transact Technologies a funded company?

AGS Transact Technologies is a funded company, having raised a total of $80.99M across 4 funding rounds to date. The company's 1st funding round was a Private Equity Round of $9.06M, raised on Jun 07, 2011.

How many employees does AGS Transact Technologies have?

As of Mar 31, 2023, the latest employee count at AGS Transact Technologies is 2,490.

What is the annual revenue of AGS Transact Technologies?

Annual revenue of AGS Transact Technologies is $176.87M as on Mar 31, 2023.

What does AGS Transact Technologies do?

Founded in 2002 and headquartered in Mumbai, India, AGS Transact Technologies operates in the financial technology sector. Integrated omnichannel payment solutions are offered to banks and corporate clients, encompassing digital and cash-based services. Customized products and services are delivered, including ATM and cash recycler machine outsourcing, cash management, merchant solutions, transaction processing, and mobile wallets.

Who are the top competitors of AGS Transact Technologies?

AGS Transact Technologies's top competitors include Stripe, Razorpay and PayU.

Is AGS Transact Technologies publicly traded?

Yes, AGS Transact Technologies is publicly traded on NSE under the ticker symbol AGSTRA.

Who are AGS Transact Technologies's investors?

AGS Transact Technologies has 4 investors. Key investors include TPG, Actis, Trust Capital, and Kotak Investment Advisors.

What is AGS Transact Technologies's ticker symbol?

The ticker symbol of AGS Transact Technologies is AGSTRA on NSE.

What is AGS Transact Technologies's valuation?

The valuation of AGS Transact Technologies is $242.4M as of Aug 2012.

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