Common Service Centre eyes IPO

NEW DELHI: It calls itself a government-promoted company not many are aware of, and generates roughly over Rs 6,000 crore worth of financial transactions every month, including by facilitating personal banking settlements.

The Common Service Centre (CSC) — which operates around 4.5 lakh digital-enablement, retail and e-commerce shops across the hinterland that are privately managed by third-party non-government partners called ‘village-level entrepreneurs or VLEs — generated transactions worth nearly Rs 59,000 crore in 2020-21, and is on its way to cross Rs 70,000 crore this fiscal, CEO Dinesh Tyagi has said.