A case study competition hosted by AGS Transact Technologies Limited for Premier Business School students

AGS Transact Technologies Ltd. hosted its maiden case study competition ‘Campus Connect’ to reach out to the best business school talent across India. The competition aimed to create brand awareness& engagement, idea sourcing, and talent acquisition.

16th October , Mumbai: AGS Transact Technologies Limited is one of the leading providers of end-to-end cash digital payment solutions, and automation technology. The brand is operational in almost 2,200 towns and cities, servicing 2,90,000 machines or customer touchpoints across the country. Delivering customized solutions to the banking, transit, petroleum and retail sector, AGS is recognized for its easy and secured services.

Successful completion of First AGS Campus Connect

AGSTTL hosted ‘Campus Connect’ a case study competition amongst the top business schools of India. Campus Connect is one of the platforms of Horizon, an initiative to reimagine the future of how people and businesses exchange value. The brand connected with some renowned business institutes including NMIMS Mumbai, IIM Indore, IIM Lucknow, JBIMS Mumbai to name a few. The program provided opportunities to young minds from the academic sphere to engage with business leaders from AGSTTL. It aimed at instilling futuristic mind-set, out-of-the box thinking and leadership traits in the new generation.

The case study competition was strategically designed to identify out-of-the-box approach towards solving corporate problems. Participants were provided with three sets of problem statements in the form of case studies. Campus Connect got a good start as over 700 teams and 2500 individuals registered for the competition.

The second round of Campus Connect consisted of presentations by 15 short-listed teams over Skype. The final three teams selected from the pool of 700+ teams visited the corporate office and presented their solutions to the business leaders of AGSTTL. The winners of Campus Connect were rewarded on the basis of feasibility and innovativeness of their ideas.

 “We started our Horizon journey from January 2019 and are happy to see the roll out of two successful projects AGS Hackathon and AGS Campus Connect. These projects will provide mentoring, inclusive growth and focus on digital India initiatives.”- Mr. Sunil Khosla, Chief Marketing Officer – AGS Transact Technologies Ltd.

About AGS Transact Technologies Limited (AGSTTL)

Established in 2002, AGSTTL is one of India’s leading providers of end-to-end cash and digital payment solutions including customised solutions serving the banking, retail, petroleum and transit sectors. AGSTTL’s operations cover approximately 2,200 cities and towns, servicing approx. 2, 90,000 machines or customer touch points across India, as of March 31, 2019. AGSTTL has also started expanding its operations to Southeast Asian and other countries.

AGSTTL’s business segments have been divided into three business verticals – Payment solutions, Banking Automation Solutions, and Other Automation Solutions for the retail, petroleum and colour sectors.

AGSTTL’s subsidiaries include Securevalue India Limited (SVIL) engaged in the business of cash management services, India Transact Services Limited (ITSL) engaged in the business of creating and dealing with electronic payment systems. With work force of more than 10,361 personnel as on March 31, 2019, round the clock call centers and manufacturing & warehousing facility located in Daman, AGSTTL endeavours to provide customized payment & automation solutions. 

Disclaimer

AGS Transact Technologies Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the SEBI at www.sebi.gov.in and the respective websites of the Book Running Lead Managers at www.icicisecurities.com, www.axiscapital.co.in, www.hdfcbank.com, www.iiflcap.com, www.indusind.com and www.nomuraholdings.com/company/group/asia/india/index.html. Investors should note that investment in equity shares involves a high degree of risk. For details, potential investors should refer to the RHP and the Prospectus which may be filed with the Registrar of Companies in future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with the SEBI in making any investment decision. The equity shares offered in the offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (“U.S. Securities Act”) or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws.

Accordingly, such equity shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur; and (ii) to “qualified institutional buyers” (as defined in Rule 144A (“Rule 144A”)) under the U.S. Securities Act), pursuant to the private placement exemption set out in Section 4(a) of the U.S. Securities Act. No public offering of securities is being made in the United States.