About India Transact Services
India Transact Services is a Financial Services company based in Mumbai (India) founded in 2007 by Ravi B Goyal. End-to-end mPoS transaction processing solutions are provided. The company has 57 employees. Its Indian entity India Transact Services Limited reported revenue of ₹176 Cr. Its focus areas include FinTech, Payments, Business Payments and POS Payments.
Company details
India Transact Services was founded in 2007 in Mumbai, India, within the payment processing sector. Integrated mPoS payment services are offered, encompassing mobile-based merchant acquiring, card issuance, and transaction handling for debit, credit, and prepaid cards. Additional operations include program management, customer support, reconciliation, settlement, and linked-loyalty solutions. Clients served span banks, retail chains, petroleum outlets, reward programs, card agencies, payroll systems, healthcare providers, and commercial entities.
- Headquarters Mumbai, India
- Employees 57
- Founders Ravi B Goyal
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website indiatransact.com
- Social LinkedIn X Facebook
- Legal Name India Transact Services Limited
- Date of Incorporation 11 Jul, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹176 Cr
FY 2024 · -9% YoY
- Net Loss-₹9.87 Cr
FY 2024 · -6% margin
- EBITDA₹9.88 Cr
FY 2024 · 6% margin
- Employee Count57
Associated legal entities of India Transact Services
India Transact Services operates through India Transact Services Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| India Transact Services Limited CIN U72900MH2007PLC172249 | Active | 11 Jul 2007 | Mumbai, Maharashtra | ₹176 Cr | 49 | 3 | View details |
Board of directors of India Transact Services Limited (India Transact Services)
India Transact Services Limited is the primary company behind India Transact Services. The board of India Transact Services Limited currently have 3 directors; the longest-serving is Ravi Badrinarain Goyal, appointed in 2007. 26 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Badrinarain Goyal DIN 01374288 | Director | 11 Jul 2007 | 19 yrs 4 mo | India Transact Services Limited |
| Sudip Bandyopadhyay DIN 00007382 | Director | 29 Mar 2023 | 3 yrs 7 mo | India Transact Services Limited |
| Nikesh Samaiya DIN 01444465 | Director | 01 Apr 2025 | 1 yr 7 mo | India Transact Services Limited |
People of India Transact Services
1 people are tracked at India Transact Services (1 in leadership); the tracked headcount is 57.
| Name | Role | Group |
|---|---|---|
| Founder & Managing Director | Leadership |
Complete people profiles for India Transact Services
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of India Transact Services
Figures of India Transact Services Limited, the primary company behind India Transact Services, for FY 2024. Revenue was ₹176 Cr (-9% year on year). Net loss was -₹9.87 Cr (-6% margin). EBITDA was ₹9.88 Cr (6% margin). Revenue has grown at a compounded annual rate of +4% over three years and +7% over five years.
- ₹176 CrRevenue · FY 2024 · -9% YoY
- -₹9.87 CrNet loss · -6% margin
- ₹9.88 CrEBITDA · 6% margin
- ₹145 CrPaid-up capital
- 49Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of India Transact Services Limited are on its company page.
Detailed financial statements for India Transact Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of India Transact Services
Websites that share an audience with India Transact Services (indiatransact.com).
Websites whose visitors overlap most with India Transact Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| agsindia.com | 100% | 1.1K | #10,796,403 | View details |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as India Transact Services (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about India Transact Services
Complete news archive for India Transact Services
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about India Transact Services
India Transact Services was founded in 2007.
India Transact Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
India Transact Services has 57 employees.
The primary company behind India Transact Services, India Transact Services Limited, reported revenue of ₹176 Cr for FY 2024, down 9% year on year.
India Transact Services was founded in 2007 in Mumbai, India, within the payment processing sector. Integrated mPoS payment services are offered, encompassing mobile-based merchant acquiring, card issuance, and transaction handling for debit, credit, and prepaid cards. Additional operations include program management, customer support, reconciliation, settlement, and linked-loyalty solutions. Clients served span banks, retail chains, petroleum outlets, reward programs, card agencies, payroll systems, healthcare providers, and commercial entities.
India Transact Services operates through India Transact Services Limited.
The legal entities of India Transact Services currently have 3 directors, including Sudip Bandyopadhyay, Ravi Badrinarain Goyal, Nikesh Samaiya.