AGS India

AGS Transact Technologies ltd was earlier known as AGS Infotech Pvt Ltd. It was founded in 1992 in Mumbai, India.The business of the Company covers sourcing technology products-both hardware and software for Banking , Retail, Petroleum, Color sectors.It provides technology solutions such as automated teller machines (ATMs), Footfall detectors, Banking software, Biometric scanners, etc. AGS sources its products through tie-ups with companies like Wincor Nixdorf AG of Germany.

Foundation & Growth

After a brief stint as an engineer with DCM Computers, Mr. Ravi B. Goyal established a proprietary concern in the name of Advanced Graphic Systems in 1992 where he was marketing textile designing software for Computer Design Inc, USA.He then established AGS with a team of 4 employees. Currently, AGS has a turnover of approximately Rs. 340 crores and employee strength of AbOUT 600 people. AGS has representations in 360 locations pan India with its facilities in Daman, Navi Mumbai, Kalamboli and Puducherry where it has its manufacturing and assembling units.

Key People

  • Mr. Ravi B. Goyal, Managing Director
  • Mr. Badrinarain Goyal, Director
  • Mr. Sudip Bandyopadhyay
  • Mr. S. P. Chaudhry
  • Mr. Jayesh Parmar
  • Mr. T.S. Bhattacharya
  • Mr. Sunil Udupa, President & CEO

AGS Group companies and Products division

AGS Sundyne Technologies Pvt. Ltd.

  • Digital Signages
  • Multi-utility Kiosks
  • Thin Clients
  • Footfall Detectors
  • Loyalty Solutions

Instrument Research Associates Pvt Ltd.

  • Tank Gauges
  • Tank readers
  • Custom-made software to control the operations
  • Automatic Vehicle Identification System

Fillon Technologies India Pvt. Ltd.

  • Coatings
  • Textiles
  • Plastics
  • FMCG
  • Automobile, print & publishing

India Transact Services Pvt ltd.

  • E-tokens
  • Biometric ATMs
  • Multi-utility kiosks
  • Digital signage
  • Branch transformation solutions
  • Lobby banking
  • TIS
  • Managed Services and Outsourcing ATM business model

Recent Developments and Initiatives

  • ATM BAY

AGS started a shared ATM infrastructure that addresses the economics of setting up an off-site ATM. This concept of the India Transact ATM bay consists of a “ready-made” ATM room with space and infrastructure for 4 to 5 ATMs which allows banks to share site costs as well as OPEX costs with other banks.

  • Cash deposit and balance inquiry in a ATM in 20 secs.
  • Kisan ATMs-

Kisan ATMs are the biometric ATMs for the banking needs of Rural India. It is meant for those living in rural India who cannot read or write. Transactions in these machines are done using fingerprint verifications and voice guided animated screens.