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ATM

RJ Corp's Varun Jaipuria, others back fintech firm RapiPay

Finance

15 February, 2022

RJ Corp's Varun Jaipuria, others back fintech firm RapiPay

RapiPay Fintech Pvt Ltd, which runs fintech platform RapiPay, on Tuesday said it has raised $15 million (around Rs 113 ......

Premium
ICICI Venture pumps fresh money in payments portfolio company

Finance

22 August, 2019

ICICI Venture pumps fresh money in payments portfolio company

Mid-market private equity firm ICICI Venture has made a fresh investment in an existing portfolio company, its first new transaction ......

RBI to remove all cash withdrawal limits from March 13

General

08 February, 2017

RBI to remove all cash withdrawal limits from March 13

The Reserve Bank of India (RBI) said it would remove the cash withdrawal limit from automated teller machines (ATMs) and ......

Demonetisation: Five reasons why India may not go cashless anytime soon

General

02 December, 2016

Demonetisation: Five reasons why India may not go cashless anytime soon

One of the stated objectives behind the government’s move to demonetise Rs 500 and Rs 1,000 currency notes has been ......

Why even deposits of under Rs 2.5 lakh in old notes might see taxman knocking on your door

General

16 November, 2016

Why even deposits of under Rs 2.5 lakh in old notes might see taxman knocking on your door

A week after Prime Minister Narendra Modi took the country by surprise by declaring that the Rs 500 and Rs ......

Muthoot Finance launches white label ATMs

General

07 March, 2014

Muthoot Finance launches white label ATMs

Muthoot Finance Ltd, India's largest gold financing company, has launched its first white label automated teller machine (ATM) at Maradu ......

ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar

TMT

26 August, 2013

ATM outsourcing firm EPS raises $6M from existing investor Aavishkaar

ATM outsourcing firm Electronic Payment and Services Pvt Ltd (EPS) has completed its second round of equity funding worth $6 ......

CX Partners finalises deal to buy 75% stake in Transaction Solutions' India ATM biz

TMT

16 April, 2013

CX Partners finalises deal to buy 75% stake in Transaction Solutions' India ATM biz

Private equity firm CX Partners has finalised the deal to buy 75 per cent stake in the India ATM business ......

CX Partners to buy 75% in Transaction Solutions' India ATM biz for $22M

General

30 November, 2012

CX Partners to buy 75% in Transaction Solutions' India ATM biz for $22M

Private equity firm CX Partners is picking up 75 per cent in the India ATM business of Australia's Transaction Solutions ......

Premium
PE-backed firms smell big money in white label ATM biz

General

23 November, 2012

PE-backed firms smell big money in white label ATM biz

Private equity-backed technology firms and non-banking finance companies (NBFCs) see a big business opportunity emerging in white label automated teller ......