AGS Transact Technologies - About the company
AGS Transact Technologies is a public company based in Mumbai (India), founded in 2002 by Ravi Badrinarain Goyal. It operates as a Provider of end-to-end payment processing solutions for merchants and businesses. AGS Transact Technologies has raised $81M in funding from TPG and Actis. The company has 627 active competitors, including 82 funded and 47 that have exited. Its top competitors include companies like Stripe, Razorpay and PayU.
Company Details
Provider of end-to-end payment processing solutions for merchants and businesses. Features integrated omnichannel payment solutions providers in terms of providing digital and cash-based solutions to banks and corporate clients. Also provides customized products and services comprising ATM and Cash Recycler Machines (CRM) outsourcing, cash management, and digital payment solutions including merchant solutions, transaction processing services, and mobile wallets.
- Website
- agsindia.com
- Social
- Email ID
- *****@agsindia.com
- Phone Number
- +91 **********
- Registered Address
- 601-602 TRADE WORLD B-WINGKAMALA MILL COMPOUND SENAPATI BAPAT MARG LOWER PAREL, MUMBAI, Maharashtra, India, 400013
Key Metrics
Founded Year
2002
Location
Mumbai, India
Stage
Public
Total Funding
$81M in 4 rounds
Latest Funding Round
Ranked
13th among 627 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2024
Employee Count
3,188 as on Jul 31, 2026
Exit Details
Public
Legal entities associated with AGS Transact Technologies
AGS Transact Technologies is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Ags Transact Technologies Limited CIN: L72200MH2002PLC138213 , India, Under CIRP | Dec 11, 2002 | ₹1,000+ Cr (As on Mar 31, 2024) | 1106 (As on Mar 31, 2024) | |
INDIA TRANSACT SERVICES LIMITED CIN: U72900MH2007PLC172249 , India, Active | Jul 11, 2007 | ₹100 - ₹500 Cr (As on Mar 31, 2024) | 46 (As on Oct 31, 2024) |
AGS Transact Technologies's IPO details
AGS Transact Technologies got listed on Jan 31, 2022.
Click here to take a look at AGS Transact Technologies's IPO in detail
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AGS Transact Technologies's funding and investors
AGS Transact Technologies has raised a total funding of $81M over 4 rounds. Its first funding round was on Jun 07, 2011. Its latest funding round was a Conventional Debt round on Mar 26, 2021 for $*****. 2 investors participated in its latest round. AGS Transact Technologies has 7 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of AGS Transact Technologies:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 26, 2021 | 7310854 | Conventional Debt | 4913789 | 6862093 | 8398276 | 3090977 |
Aug 10, 2012 | 6989182 | PE | 1154691 | 8035189 | 9922434 | 5759176 |
Mar 03, 2012 | 8877427 | PE | 7714040 | 8610338 | 2262452 |
Access funding benchmarks and valuations. Sign up today!View details of AGS Transact Technologies's funding rounds and investors
AGS Transact Technologies' founders and board of directors
Founder? Claim ProfileThe founders of AGS Transact Technologies is Ravi Badrinarain Goyal.
Here are the details of AGS Transact Technologies' key team members:
- Ravi Badrinarain Goyal: Founder & MD of AGS Transact Technologies and founder of 2 other companies, HP Fastlane and Ongo. They serve on the board of 1 company.Contact Info: 2 email addresses and 1 phone number
AGS Transact Technologies' Board of Directors
AGS Transact Technologies's board has 7 active members. Ravi Badrinarain Goyal and BadriNarayan Goyal are part of team and Sudip Bandyopadhyay, Rahul Bhagat, Vinayak Ravi Goyal, Vijay Chugh and Stanley Johnson Panacherry are independent board members.Here is the list of AGS Transact Technologies' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 23y 6m | |
qaruezw | Team | - | Past | 1y 6m |
zfpempy | Team | - | Past | 9y 2m |
Independent board member | - | Current | 8y 0m | |
zpgcvsh | Independent board member | - | Current | 3y 4m |
vhhwude | Independent board member | - | Past | 5y 8m |
izztfts | Independent board member | - | Past | 8y 8m |
ofternh | Independent board member | - | Past | 8y 1m |
View details of AGS Transact Technologies's Founder profiles and Board Members
AGS Transact Technologies' employee count trend
AGS Transact Technologies has 3,188 employees as of Jul 26. Here is AGS Transact Technologies's employee count trend over the years:
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AGS Transact Technologies's Competitors and alternates
Top competitors of AGS Transact Technologies include Stripe, Razorpay and PayU. Here is the list of Top 10 competitors of AGS Transact Technologies, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
2nd | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
3rd | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
4th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
5th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
6th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
7th |  Rapyd 2016, London (United Kingdom), Series F | Provider of financial infrastructure for processing payments and issuing cards | $1.01B | 76/100 | |
8th | Digital payments and engagement solutions for MSMEs | $30.6M | 74/100 | ||
9th | ACI Worldwide 1975, Omaha (United States), Public | Process and manage digital payments | - | 74/100 | |
10th | Provider of omnichannel payment gateway solutions and financial service platform | $3.63M | 72/100 | ||
13th | AGS Transact Technologies 2002, Mumbai (India), Public | Provider of end-to-end payment processing solutions for merchants and businesses | $81M | 69/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on AGS Transact Technologies's competitors? Click here to see the top ones
AGS Transact Technologies's Latest cap tables and shareholding
Founders (largest shareholder) own 55.12%, Funds own 42.34%, Other People own 0.62% and ESOP Pool own 1.92%. The net worth of AGS Transact Technologies's founders is INR 739Cr as of Aug 10, 2012.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 55.12% | 739Cr | 8475183 | 9200829 | 7211086 | 5739890 |
3861010 | 4604837 | 4434420 | 9635152 | 8385170 | 8429810 | |
Fund | 42.34% | 567Cr | 4196951 | 2431057 | 8463466 | 1638840 |
9086692 | 4735142 | 3266960 | 1268325 | 1667148 | 9423313 | |
1717125 | 5366971 | 2008108 | 4507235 | 7643959 | 3576867 | |
Other People | 0.62% | 8.34Cr | 0 | 0 | 0 | 0 |
ESOP Pool | 1.92% | 25.8Cr | 4 | 3 | 8 | 7 |
Total | 100.00% | 1,340Cr | 3269342 | 2621820 | 6708633 | 3729285 |
To unlock detailed Cap Table of AGS Transact Technologies Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of AGS Transact Technologies's Shareholding
AGS Transact Technologies's Investments and acquisitions
AGS Transact Technologies has made no investments or acquisitions yet.
Reports related to AGS Transact Technologies
Here is the latest report on AGS Transact Technologies's sector:
News related to AGS Transact Technologies
Filter this listMedia has covered AGS Transact Technologies for 1 event in last 1 year, It was about company updates.
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Cash-Strapped ATM-Manager AGS Transact Admitted Into InsolvencyNdtvprofit•Aug 29, 2025•AGS Transact Technologies
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AGS Transact to Sell 90% Stake in Novus TechnologiesBusiness Line•Apr 23, 2025•AGS Transact Technologies, Novus Technologies
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AGS Transact in talks to sell majority stake in ITSL with PatanjaliBusiness Line•Apr 12, 2025•AGS Transact Technologies, Patanjali, India Transact Services
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AGS Transact says CFO, two executive directors resignVCCircle•Apr 02, 2025•AGS Transact Technologies
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AGS Transact defaults on dues worth Rs 386 millionDeccan Herald•Mar 07, 2025•AGS Transact Technologies
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Neomile Growth Fund buys 12 lakh shares in AGSMoneycontrol•Dec 30, 2024•NeoMile Capital, AGS Transact Technologies
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