About India Transact Services
India Transact Services is a company based in Mumbai (India) founded in 2007 by Ravi B Goyal.. The company has 57 employees as of April 06, 2024. India Transact Services operates in a competitive market with competitors including Ingenico, POSRocket, PAX Global Technology Limited, Decipay and PAX Technology Limited, among others.
- Headquarter Mumbai, India
- Employees 57 as on 06 Apr, 2024
- Founders Ravi B Goyal
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name India Transact Services Limited
- Date of Incorporation 11 Jul, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$23.28 M (USD)-2.58as on Mar 31, 2023
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Net Profit
$-1.66 M (USD)-7.5as on Mar 31, 2023
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EBITDA
$576.53 K (USD)-27.4as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
57
as on Apr 06, 2024
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Funding Insights of India Transact Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by India Transact Services
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - India Transact Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
India Transact Services Comparisons
Competitors of India Transact Services
India Transact Services 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 Ingenico, POSRocket, PAX Global Technology Limited, Decipay and PAX Technology Limited, 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 |
POS hardware and software solutions are provided to businesses.
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| domain | founded_year | HQ Location |
Cloud-based POS software and hardware are supplied to offline retailers.
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| domain | founded_year | HQ Location |
Electronic payment terminals are supplied for point-of-sale transactions.
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| domain | founded_year | HQ Location |
UPI payment acceptance solutions are provided for merchants by Decipay.
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| domain | founded_year | HQ Location |
Electronic payment terminals and software are supplied internationally.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on India Transact Services
Frequently Asked Questions about India Transact Services
When was India Transact Services founded?
India Transact Services was founded in 2007.
Where is India Transact Services located?
India Transact Services is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does India Transact Services have?
As of Apr 06, 2024, the latest employee count at India Transact Services is 57.
What is the annual revenue of India Transact Services?
Annual revenue of India Transact Services is $23.28M as on Mar 31, 2023.
What does India Transact Services do?
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.
Who are the top competitors of India Transact Services?
India Transact Services's top competitors include Ingenico, POSRocket and PAX Global Technology Limited.