 "CMS Info Systems")
CMS Info Systems, fully-owned by Baring Private Equity, is India’s leading largest cash management company. Ahead of its Rs 1,100-crore—which will entirely be an offer for sale (OFS)—the company’s executive vice chairman & CEO, Rajiv Kaul, spoke to Subrata Panda and Samie Modak on the business structure, growth plans, and the future of the ATM industry. Edited Excerpts:
How has the business structure of the company evolved over the years?
In the first phase of growth, our company was primarily a cash management firm. Later, we expanded to broader technology solutions around cash management, such as brown-label ATMs. In the
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