Hermes is India's No. 1 Retail Assisted E-Commerce network with more than 90000 locations across India, more than 9000 locations on the Philippines with distribution arrangements and retail partnerships in UAE, Bhutan, Indonesia and Malaysia. Hermes retail points provide services such as money transfer, bill payments for e-commerce and utilities, travel and insurance payments, and many more.

  • Money Transfers
  • Banking Correspondent
  • E-Commerce Payments
  • Travel Ticketing
  • Utility Bill Payments

GI Technology is a licensed Pre-paid Payment Instruments Issuers ("PPI") further to a license granted by the Reserve Bank of India (RBI) and issues a prepaid payment instrument branded "ICASHCARD" on the Indian market. Furthermore GIT is providing payment software technology solution to banks and financial institutions.

  • Prepaid Cards
  • Internet Wallet
  • Financial Services

GI Hospitalities is a leading operator of online and retail-assisted travel value propositions for private and corporate customers. GI Hospitalities leverages the Hermes agent network and operates

  • Travel Ticketing
  • Hotel Booking
  • Package Tours

About us

GI Retail Private Limited was established in 2007 to realize the Great Indian Dream of improving the standard of life of every aspiring Indian.

We aim to provide the hundreds of millions of underbanked Indians, who do not have the ability to make payments online, with a solution so they could also benefit from the advent of low-cost travel, retail and financial services offerings on the Internet.

We firmly believe that Financial Inclusion is neither charity nor just an obligation but a serious sustainable and profitable business proposition.

GI Retail Group's core strengths are technology and innovation in business processes and service delivery. This has enabled effective and cost efficient operations that are profitable, scalable and sustainable.

Today, roughly 600 million people in India and the Philippines and hundreds of millions more across Asia don't have bank accounts. Our vision drove us to develop products and services, which over the last decade have enabled millions of individuals in India and on the Philippines to conduct their day to day payment transactions through our retail-assisted and our self-service (web and mobile) service model.

Our subsidiary Hermes provides more than 250000 people daily with access to affordable financial services to remit money and to pay for travel tickets, utilities or online purchases through its nation-wide retail networks in India and on the Philippines.

Hermes is the privileged distribution and recharge network for ICASHCARD, India's leading semi-closed-loop prepaid wallet operated by our subsidiary company GI Technology and operates as a Banking Correspondent for Yes Bank in India.

GI Technology is a licensed Pre-paid Payment Instruments Issuers ("PPI") further to a license granted by the Reserve Bank of India (RBI) and is also providing payment software technology solution to other banks and financial institutions.

Jointly our group's companies offer tens of thousands of retailers the opportunity to earn extra money by driving financial inclusion in India and the Philippines while closing the gap between the payment method of choice of emerging markets - cash - and the promises and opportunities of the new world of the Internet..

Our retail agents handle payments for remittance, travel, utilities and e-commerce exceeding thousands of US Dollars per month in value, income derived from our payment services significantly contributes to the livelyhood of our retail partners.

Recent years have seen a remarkable transformation in the way India shops and trades. E-commerce has taken India's world of retail by storm and captivated the imagination of an entire generation of new entrepreneurs. Yet with Visa and MasterCard payment cards penetration still being low, cash remains the payment method of choice for more than 75% of all purchases on the Internet.

Operating a highly secure payments infrastructure certified under ISO 27001 (BS 7799) and PCI/DSS security standards GI Retail Group's subsidiaries are developing innovative technology solutions and services catering to the specific needs of the world's emerging financial services and e-commerce markets.

We at GI Retail Group have realized that the issues faced by large parts of the population in India are not local but truly global ones and hence we have expanded this vision of taking our products and services to underserved people to other growing economies such as the Philippines, Indonesia and many countries in Africa.

Today the Great Indian Dream is transforming into that of a Global Innovation to make GI's products and services available across further countries behind India on economic and technological development.

GI Retail Private Limited and its group companies were founded by Ramu Anamalai Ramasamy and Palaniyapan Ramasamy, two serial entrepreneurs born in Chennai, India.

Ramu obtained a master's degree in Management Studies from BITS, Pilani31 in 1996, after which he worked with Morgan Stanley before joining the family business of paper trading in Chennai. Palani holds a master's degree from PSG College of Technology, Coimbatore and joined the family business after university.

In 2000 Ramu and Palani founded their first of many e-commerce ventures culminating ultimately into what is today the Great Indian (GI) Retail Group.

Ramu and Palani are passionate about developing products and services, which help to improve the standard of life of every aspiring Indian

We are proud of our achievements:

  • We have served more than 60 million customers for travel and payment services across our agent network in 2014
  • Over the last years we have issued more than 35 million money transfer accounts for financial institutions, including our own ICASH wallet
  • On peak days, we process about US$10 million in payments.
  • In 2014 our flagship travel website GetMyTrip was named "Best Travel Portal" at the India Travel Awards.
  • In 2015 we were named "Best Prepaid Card Programme (Scholar Card)" at elets Knowledge Exchange Awards.
  • ICASH is the most commonly used payment method on Indian Railways (IRCTC), India's leading e-commerce site
  • In 2014 we were named "Winner Financial Inclusion through Innovation" at India's Financial Inclusion Conference
  • We act as payments and ticketing partner for Indian Railways and more than 120 domestic and international airlines, including Air India, Indigo and Jet Airways
  • We were awarded NPCI's National Payments Excellence Award for being the largest processor of IMPS payments in India in 2014.
  • In 2015, we were named winner at NPCI's National Payments Excellence Award in the category Prepaid Payment Issuer.

contact us

Great Indian (GI) Retail Private Limited.

C-9, Thiru-Vi-Ka Industrial Estate,
Guindy, Chennai-600 032

Phone : +91 44 66706000
Fax : +91 44 66706095

Internet :
E-Mail :

Group Websites