Monthly Archives August 2013

Mumbai-based Electronic Payments and Services (EPS) has raised $6 million (about Rs 40 crore) in second round of funding from impact investment fund Aavishkaar. Last year the investment firm had pumped in about $4 million (about Rs 27 crore) in the payments services company. EPS, set up in 2011, offers

ATM outsourcing company Electronic Payments and Services (EPS) has raised $6mn (Rs 36 crore) from private equity fund Aavishkaar last week. 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. Please click here