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Sunday, 18 August 2013

Deal Alert: ATM outsourcing company EPS raises Rs.36-Cr more from Aavishkaar

Posted on 21:28 by Unknown


ATM outsourcing company Electronic Payments and Services (EPS) has raised $6 million (Rs 36 crore) from Social VC fund Aavishkaar. This is the second round of funding for the start-up which has received the mandate to set up machines all over Maharashtra by public sector banks. EPS plans to deploy around 5000 plus ATMs by 2014 with 500 installations every month. 



Last year, Aavishkaar had
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