Bottomline: Apis-backed EPS’ asset heavy model weighs on FY24 revenue
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Bottomline: Apis-backed EPS’ asset heavy model weighs on FY24 revenue

By Nitesh Kumar

  • 03 Sep 2024
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Bottomline: Apis-backed EPS’ asset heavy model weighs on FY24 revenue

ATM management company Electronic Payments and Services (EPS), backed by investors like Aavishkaar Capital and Apis Partners, recorded a modest decline in its revenue for the financial year ended March 31, 2024, reflecting the country’s shrinking dependence on cash transactions. The company, which offers services from site identification to ATM installation, ......

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