Mumbai, Aug. 7 -- Having established a strong foothold in logistics and cash management, CMS Info Systems is placing its next big growth bet on technology and payments infrastructure solutions, according to executive vice chairman and chief executive Rajiv Kaul.

The vertical has posted a 25-30% compound annual growth rate (CAGR) over the past five years and grew 15% in FY26. "It can grow at a 20% CAGR over the next 4-5 years. We hope it will account for more than 20% of our revenue by FY30, which would double its current contribution of around Rs.370 crore," Kaul told Mint, adding that the company plans to keep adding new businesses under this segment. Revenue from the technology and payment solutions business was around Rs.370 crore in ...