The investment in EPS is a landmark transaction for Apis, and is exactly the type of opportunity that drove us to establish Apis: providing catalytic equity capital to highly entrepreneurial financial infrastructure businesses in growth markets, fostering economic growth and enabling greater financial inclusion” said Matteo Stefanel, Apis Co-Founder and Managing Partner. “We are ...... READ MORE
“By offering outsourced ATM services in India, EPS stands to benefit from a rapidly growing ATM market. At the same time, they contribute to financial inclusion in India by improving access to financial services in an under-penetrated market. EPS is founded by professionals who have been part of the retail, banking, oil and technology space for more than a decade. Together EPS senior ...... READ MORE
FMO – Entrepreneurial Development Bank
Noshir Colah – Operations Partner – Aavishkaar Venture Management Services Private Limited (AVMS)
EPS has demonstrated its ability to rapidly and effectively deploy, commission and implement the operations and management of ATM’s across Maharashtra, including the far-flung districts of Gadchiroli, Gondia and Nundanbar. As of the end of the financial ...... READ MORE
Noshir Colah
Vineet Rai – Founder and Managing Director – Aavishkaar Venture Management Services Private Limited (AVMS).
Commissioner, Global Commission on Business and Social Development
“Mani Mamallan had envisioned building a company that democratizes ATM business in India. He reached out to Aavishkaar with the idea of Electronic ...... READ MORE