AGS

AGS Image

Region

South Asia

Country

India

Deal type

Expansion

Investment date

2012

Status date

Realised

Accessing savings

Customers need safe and easy access to their money, which can be difficult when the nearest functioning ATM lies many miles away.

AGS is one of India’s leading providers of a wide spectrum of payment solutions and technology products for the banking and retail sectors. Founded in 1992, AGS has installed/ maintained/managed a network of over 50,000 ATM machines and 25,000 point of sale terminals with retailers across India.

 In August 2012, Actis backed AGS founder Ravi Goyal to help grow the business and expand its reach. Ensuring that ATMs and debit cards are widely available promotes financial inclusion, with a positive impact on quality of life and the broader economy.