About Hitachi Payment Services
Hitachi Payment Services is a company based in Mumbai (India) founded in 2008 was acquired by Hitachi in November 2013. Hitachi Payment Services has raised $7.27 million across 1 funding round from investors including Axis Bank, Hitachi and Sequoia Capital. The company has 1,441 employees as of April 09, 2024. Hitachi Payment Services has completed 1 acquisition, including Writer Corporation.
- Headquarter Mumbai, India
- Employees 1441 as on 09 Apr, 2024
- Stage Minicorn
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Hitachi Payment Services Private Limited
- Date of Incorporation 12 Sep, 2005
- Jurisdiction Kanchipuram, Tamil Nadu, India
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Annual Revenue
$282.02 M (USD)18.1as on Mar 31, 2023
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Net Profit
$11.94 M (USD)30.61as on Mar 31, 2023
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EBITDA
$71.09 M (USD)23.09as on Mar 31, 2023
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Total Equity Funding
$7.27 M (USD)
in 1 rounds
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Latest Funding Round
$7.27 M (USD), Series B
Mar 28, 2011
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Investors
Axis Bank
& 2 more
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Employee Count
1441
as on Apr 09, 2024
- Investments & Acquisitions
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Acquired by
Hitachi
(Nov 26, 2013)
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People of Hitachi Payment Services
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Software Development Team
109 people
Leadership Team
50 people
Sales and Marketing
35 people
Human Resources and Administration
22 people
Senior Team
22 people
Finance and Accounting
7 people
Deputy Team
7 people
Manager Team
6 people
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Funding Insights of Hitachi Payment Services
Hitachi Payment Services has successfully raised a total of $7.27M through 1 strategic funding round. The most recent funding activity was a Series B round of $7.27 million completed in March 2011. 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.
Investors in Hitachi Payment Services
Hitachi Payment Services has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Axis Bank, Hitachi and Sequoia Capital.
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Sequoia Capital is engaged in venture capital investments.
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Provider of a commercial banking services
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Consumer electronics and industrial machinery are produced by Hitachi.
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Investor details for Hitachi Payment Services
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Investments & Acquisitions by Hitachi Payment Services
Hitachi Payment Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Writer Corporation.
Investment portfolio details for Hitachi Payment Services
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Diversified conglomerate operations span multiple industries worldwide.
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Complete acquisition details for Hitachi Payment Services
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Financial Statements - Hitachi Payment Services
Detailed financials for Hitachi Payment Services
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Hitachi Payment Services Comparisons
Peer comparison for Hitachi Payment Services
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Competitors of Hitachi Payment Services
Detailed competitors of Hitachi Payment Services
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Latest news on Hitachi Payment Services
Complete news archive for Hitachi Payment Services
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Frequently Asked Questions about Hitachi Payment Services
Hitachi Payment Services was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Hitachi Payment Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Anuj Khosla is the current CEO of Hitachi Payment Services.
Hitachi Payment Services is a funded company, having raised a total of $7.27M across 1 funding round to date.
As of Apr 09, 2024, the latest employee count at Hitachi Payment Services is 1,441.
Annual revenue of Hitachi Payment Services is $282.02M as on Mar 31, 2023.
Hitachi Payment Services was founded in 2008 and is headquartered in Mumbai, India. Operations are focused on the financial technology sector, where cash and digital payment solutions are delivered. Services encompass ATM management, cash recycling machines, ATM software platforms, white-label ATMs, POS systems, and internet payment gateways. These offerings support businesses in processing transactions securely across various channels.
Hitachi Payment Services has made 1 acquisition, including Writer Corporation.
Hitachi Payment Services has 3 investors. Key investors include Axis Bank, Hitachi, and Sequoia Capital.
The valuation of Hitachi Payment Services is $108.13M as of Mar 2011.