About Venture Infotek
Venture Infotek is a Financial Services company based in Mumbai (India) founded in 1997, and was acquired by Atos in August 2010. Transaction processing and payment solutions. Venture Infotek has raised $20 million across 1 funding round from investors including Kubera Cross-Border Fund, Kubera Partners and Atos. The company was acqui-hired. Its focus areas include FinTech, Payments, Enablers and Issuer Processor. Its legal entity in India is Infotek Automation Private Limited (U03000KA1988PTC009233).
Company details
Venture Infotek Global Private Limited operates as a transaction processing and knowledge management company in India. It engages in building infrastructure for enabling electronic payments in the field of end to end processing operations, including backend and front end of creditdebitprepaid cards. The company offers solutions in the areas of card issuance processing, card acquiring processing, card supply and personalization, Internet payment gateway, loyalty programs, Internet and mobile banking, mobile commerce, merchant acquisition, utility bill processing, and RFID solutions. It also provides risk management services such as analysis, identification, assessment, evaluation, planning, and management. In addition, the company offers software services in the areas of POS terminal management systems, terminal applications, multi application solutions for point of sale, cards management systems, loyalty systems, and various payment cards. The company has been acquired by ATOS Worldline in a deal that is likely to be around 100 million.
- Headquarters Mumbai, India
- Stage Acquired
- SectorsFinancial Services
- Website ventureinfotek.com
- Social LinkedIn X
- Acquired by Atos (Aug 2010)
- Legal Name Infotek Automation Private Limited
- Date of Incorporation 01 Jul, 1988
- Jurisdiction Bangalore, Karnataka, India
- Total Equity Funding$20M (USD)
in 1 rounds
- Latest Funding Round$20M (USD), Private Equity Round
Nov 2007
- InvestorsKubera Cross-Border Fund
& 2 more
- Acquired byAtos
(Aug 2010)
Associated legal entities of Venture Infotek
Venture Infotek operates through Infotek Automation Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Infotek Automation Private Limited CIN U03000KA1988PTC009233 | Strike Off | 01 Jul 1988 | Bangalore, Karnataka | 2 | View details |
Funding Insights of Venture Infotek
Venture Infotek has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Private Equity Round of $20 million completed in November 2007. 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 $20M
- Total Rounds 1
- Last Round Private Equity Round — $20M
- First Round $20M
(Nov 2007)
- Investors Count 2
All 1 funding rounds of Venture Infotek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2007 | $20M | Private Equity Round | – | Kubera Cross-Border Fund, Kubera Partners | – |
3 investors in total: 3 institutional.
Investors in Venture Infotek
Venture Infotek has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Kubera Cross-Border Fund, Kubera Partners and Atos.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward US and India markets. | 2006 | kuberacrossborderfund.com | George Town, Cayman Islands | |
PE firm investing in North America,Europe & Asia | kuberapartners.com | Mumbai, India | ||
| atosorigin.com |
Investor details for Venture Infotek
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Infotek Automation Private Limited (Venture Infotek)
Infotek Automation Private Limited is the primary company behind Venture Infotek. The board of Infotek Automation Private Limited currently have 2 directors; the longest-serving is Piyushkumar Khaitan Kusum, appointed in 1991.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Piyushkumar Khaitan Kusum DIN 00002579 | Director | 15 Jan 1991 | 35 yrs 9 mo | Infotek Automation Private Limited |
| Madhugopal Urs Devaraj DIN 00669474 | Director | 04 Jul 1998 | 28 yrs 4 mo | Infotek Automation Private Limited |
Timeline of Venture Infotek
3 dated milestones of Venture Infotek across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Venture Infotek is founded.
- Funding First funding round of $20.0M.
- Exit Acquired by Atos.
Web traffic of Venture Infotek
The website of Venture Infotek (ventureinfotek.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 82% vs previous month
Websites whose visitors overlap most with Venture Infotek. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nabard.org | 100% | 1.4M | #53,519 | View details | |
| worldline.com | 73% | 432.7K | #107,692 | View details |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Venture Infotek (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 |
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Related news about Venture Infotek
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Frequently Asked Questions about Venture Infotek
Venture Infotek was founded in 1997 and raised its 1st funding round 10 years after it was founded.
Venture Infotek is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Venture Infotek is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $20M, raised on Nov 2007.
Venture Infotek Global Private Limited operates as a transaction processing and knowledge management company in India. It engages in building infrastructure for enabling electronic payments in the field of end to end processing operations, including backend and front end of creditdebitprepaid cards. The company offers solutions in the areas of card issuance processing, card acquiring processing, card supply and personalization, Internet payment gateway, loyalty programs, Internet and mobile banking, mobile commerce, merchant acquisition, utility bill processing, and RFID solutions. It also provides risk management services such as analysis, identification, assessment, evaluation, planning, and management. In addition, the company offers software services in the areas of POS terminal management systems, terminal applications, multi application solutions for point of sale, cards management systems, loyalty systems, and various payment cards. The company has been acquired by ATOS Worldline in a deal that is likely to be around 100 million.
Venture Infotek has 3 investors. Key investors include Kubera Cross-Border Fund, Kubera Partners, and Atos.
Venture Infotek operates through Infotek Automation Private Limited.
Yes. Venture Infotek was acquired by Atos in August 2010.
The legal entities of Venture Infotek currently have 2 directors, including Madhugopal Urs Devaraj, Piyushkumar Khaitan Kusum.