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Infibeam

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215: 180: 450:. It received Tier-III design certification from Uptime Institute as it is equipped with fully redundant and dual-powered servers, storage, network links and other IT components. Infibeam Avenues has partnered with IBM India to develop implement and promote blockchain capabilities on the LinuxOne platform, the first of its kind in India. 382:
Infibeam's flagship brand CCAvenue provides digital payment gateway service. CCAvenue Payment Gateway provides multiple payment options and is available in 18 different languages and collects payments in 27 major foreign currencies. CCAvenue also provides a secure link between websites, institutions,
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Mr. Ajit Mehta, Chairman & founder brings with him over more than 40 years of experience across diversified industry segments including 20 years in the textiles, chemicals, building material, and construction sector and more than 16 years of experience in the automobile industry. The company was
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The Reserve Bank of India had granted Infibeam Avenues "in-principle" authorisation to operate as a Payment Aggregator (PA) under the brand CCAvenue, to allow a wide range of online and offline transactions. Payment aggregators allow e-commerce platforms and merchants to accept a variety of payment
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Infibeam Avenues announced its entry into the AI-enabled fraud detection industry on August 8, 2023, with the goal of developing Artificial Intelligence (AI) solutions for authentication, fraud detection, and risk identification in both domestic and worldwide markets. In the beginning, the company
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has granted Infibeam Avenues Limited, India's first publicly traded fintech startup, a permanent licence for its bill payments platform, BillAvenue. BillAvenue can use this licence to operate as a Bharat Bill Payment Operating Unit (BBPOU) under the Bharat Bill Payment System (BBPS). BillAvenue
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On November 20, 2017, Infibeam Avenues launched BillAvenue, an inter-operable digital bill payments platform built over the Bharat Bill Payment System (BBPS) infrastructure to enable service providers to accept bill payments from customers nationwide, through both online and offline channels.
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will focus on the digital payments and financial industries, employing AI and machine learning algorithms to detect online transaction fraud in real time. Infibeam Avenues also intends to build India's first AI HUB at Gujarat International Finance Tec-City (GIFT City).
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Infibeam Avenues partnered with Oman's Bank Dhofar SAOG to provide CCAvenue payment gateway service to process online card transactions of various payment networks for Bank Dhofar SAOG and help the bank authorize online payments for its
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Infibeam Avenues along with consortium partners entered a contract for managed service provider from the Government of India to design, develop, implement, operate and maintain the Government e-Marketplace portal
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Infibeam Avenues' enterprise ecommerce software platform BuildaBazaar hosts India's largest online marketplace for government procurement. The company also entered into a definitive agreement with
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Infibeam Avenue Ltd has lending aggregating platform -Trust Avenue. The company did AI-based lending for 3 million merchants through tie-ups with banks and NBFCs.
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On 7 September 2022, Infibeam Avenues launched its omni-channel mobile app CCAvenue TapPay that allows businesses and entrepreneurs to convert any NFC-enabled
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Vishko22 is a software startup that develops omnichannel enterprise software products and services for domestic and international ecommerce marketplaces.
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to offer its enterprise software licence and enterprise digital payments platform to Jio Platforms and its associates for their internal businesses.
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The company forayed into the segment of infrastructure or data centre-as-a-service, and built a state-of-the-art Tier-III data centre in GIFT City,
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in online payments. Infibeam Avenues claims to have more than 6.4 million merchants on its platform. It also operates in overseas markets like the
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Infibeam Avenues acquired DRC Systems India Pvt Ltd, a company which provides software services for enterprise E-commerce, ERP and related fields
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functions as both a biller and a customer operating unit as a BBPOU, easing the onboarding of Billers and Agent Institutions to service clients.
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methods from customers, simplifying the payment process and removing the need for merchants to design their own payment integration system.
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Infibeam and Avenues (India) Private Limited entered into a binding agreement to merge and take control of CCAvenue through Equity Stake
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to use the company's flagship enterprise payment platform CCAvenue for processing transactions for its enterprise clients
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Through its flagship brand, CCAvenue, the business is present in the payment infrastructure market, processing more than
1134: 1262:"Infibeam Avenues receives Tier III Design Certification from Uptime Institute for its Data Center - equitybulls.com" 830: 1564:"ETBFSI Excellence Awards: 32 winners who made a difference in BFSI sector celebrates with Abhinav Bindra - ET BFSI" 366: 354:
Infibeam provides its marketplace software platform, BAB, to two of India's four largest eCommerce organisations –
390:'s data security norms by securing multi-network tokenisation, which works across major card networks, including 785: 355: 1546:"Riyad Bank: CCAvenue collaborates with Riyad Bank to make inroads into Saudi Arabia's digital payment space" 1186: 165: 556:
Mumbai-based digital payments tech firm Instant Global Paytech Pvt. Ltd (IGPL), which operates Go Payments
410: 387: 258: 61: 1117:"Infibeam Avenues plans AI-based lending for its 3 million merchants through tie-ups with banks, NBFCs" 293: 277: 161: 1466: 854: 262: 869: 1279: 908: 537:
Bengaluru-based Cardpay Technologies provides unified spend management platform to corporates
57: 65: 1463:"Infibeam Avenues signs deal to license ecommerce and payment software to Jio Platforms" 891:"Infibeam's BillAvenue adds 1 million agents; targets reaching 5 million agents by 2025" 913: 693: 687: 153: 39: 1099:"Infibeam Avenues announces perpetual renewal of 'Bharat Bill Payment' license by RBI" 969:
https://sk.wallmine.com/nse/infibeam/officer/2187980/vishal-ajit-mehta#google_vignette
1581: 928: 664: 658: 431: 285: 266: 47: 668: 289: 28: 1004:"Infibeam enters into an agreement with Reliance Jio for its enterprise solutions" 1354:"Infibeam to bring technology that converts smartphones into 'payment terminals'" 1220: 738: 732: 447: 139: 119: 1081:"Infibeam Avenues receives RBI in-principle nod for payment aggregator licence" 766: 760: 663:
The company signed a deal to license its e-commerce and payment software with
391: 344: 207: 1063:"Infibeam's CCAvenue starts TokenPay to help merchants comply with RBI norms" 1317:"Infibeam To Foray Into Fraud Detection Market With Its AI HUB In GIFT City" 1298:"Infibeam Avenues partners with IBM to deploy blockchain solutions in India" 399: 320: 297: 75: 1508:"Infibeam Avenues inks deal with Oman's Bank Dhofar for online payments" 359: 308: 281: 269:
and omnichannel enterprise software to businesses across industries in
79: 316: 1243:"Infibeam subsidiary Avenues India launches BillAvenue - ET Retail" 1527:"Infibeam enters Oman e-commerce market, ties up with Bank Muscat" 395: 337: 312: 270: 254: 135: 123: 1408:"Infibeam set to merge payment gateway firm CCAvenue with itself" 1190: 742: 261:(SaaS) fintech company that provides digital payment services, 1135:"TTK Prestige Announces e-Commerce Alliance with Infibeam.com" 1026:"Intellect, Infibeam bag contract for government marketplace" 1490:"Infibeam Avenues rises on signing agreement with JP Morgan" 1445:"Infibeam acquires digital marketing firm ODigMa for $ 5 mn" 1427:"Infibeam acquires cloud ERP solutions provider DRC Systems" 929:"Infibeam Avenues Ltd deepens its reach in digital payments" 1213:"Hidesign Website Uses Infibeam.com's Technology Platform" 1044:"Infibeam Avenues launches mobile app with TapPay feature" 692:
Infibeam Avenues entered into a definitive agreement with
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Companies listed on the National Stock Exchange of India
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Manchanda, Md Salman Ashrafi & Kunal (26 May 2023).
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CCAvenue's 'TokenPay' help merchants to comply with the
1335:"Infibeam Avenues invests in software startup Vishko22" 1187:"Infibeam.com & NDTV Enter Into eCommerce Alliance" 242: 613:
Infibeam acquired Odigma, a digital marketing company
1390:"Infibeam Avenues invests in Instant Global Paytech" 741:, a financial services provider in the Sultanate of 238: 228: 205: 193: 174: 146: 129: 111: 103: 85: 71: 45: 35: 1372:"Infibeam Avenues acquires Cardpay Technologies" 850:"Fintech firm Suvidhaa plans e-commerce foray" 1618:Companies listed on the Bombay Stock Exchange 8: 1598:Online financial services companies of India 21: 27: 20: 158:Internet services (data centres, domains) 1608:Technology companies established in 2007 628: 466: 224:(US$ 16 million) (FY23) (2023) 982:"No competitors here, all are partners" 818: 553:Instant Global Paytech Pvt. Ltd (IGPL) 426:Enterprise ecommerce software platform 1019: 1017: 824: 822: 7: 1603:Retail companies established in 2007 1593:Indian companies established in 2007 980:Suresh P. Iyengar (6 October 2013). 1488:Market, Capital (14 October 2020). 1024:Suneja, Kirtika; Agarwal, Surabhi. 737:Infibeam Avenues collaborated with 442:Data Centre infrastructure services 343:Infibeam Avenues was listed on the 332:started with an initial capital of 16:Indian financial technology company 1162:"Infibeam's double-edged strategy" 948:"Infibeam's double-edged strategy" 14: 1315:Thathoo, Chetan (9 August 2023). 1061:Umarji, Vinay (4 November 2021). 518:SoftPOS startup Uvik Technologies 848:Dutta, Vishal (19 August 2019). 765:Infibeam Avenues partnered with 214: 213: 179: 178: 1352:Vora, Rutam (7 February 2022). 808:ET BFSI Excellence Awards 2022 383:and banks in the transaction. 1: 1219:. 19 May 2010. Archived from 769:for digital payments services 1588:Companies based in Ahmedabad 671:'s digital platform venture 418:Merchants Financing/Lending 257:payment infrastructure and 91:; 17 years ago 1634: 1280:"Infibeam Avenues Limited" 909:"Infibeam creates history" 463:Mergers & Acquisitions 369:into smart PoS terminals. 984:. The Hindu Business Line 591:DRC Systems India Pvt Ltd 534:Cardpay Technologies Ltd. 26: 1358:Thehindubusinessline.com 786:Government e Marketplace 311:, India with offices in 265:, digital lending, data 251:Infibeam Avenues Limited 22:Infibeam Avenues Limited 1494:Business Standard India 1449:Business Standard India 454:Artificial Intelligence 303:It is headquartered in 166:Artificial Intelligence 803:Awards and recognition 189:(US$ 240 million) 1512:The Financial Express 1067:Business-standard.com 411:Reserve Bank of India 388:Reserve Bank of India 259:software as a service 142:, USA & Australia 1394:www.businesstoday.in 1193:on 29 September 2011 1451:. 24 February 2014. 1414:. 14 February 2017. 1304:. 21 December 2018. 1266:uptimeinstitute.com 1105:. 26 December 2022. 870:"Migration Message" 694:JPMorgan Chase Bank 688:JPMorgan Chase Bank 263:eCommerce platforms 243:https://www.ia.ooo/ 230:Number of employees 162:e-commerce software 23: 1550:The Economic Times 1531:The Economic Times 1467:The Economic Times 1431:The Economic Times 1376:The Economic Times 1339:The Economic Times 1260:George, Aaron St. 1139:The Economic Times 1087:. 27 October 2022. 1085:The Economic Times 1048:The Economic Times 1030:The Economic Times 895:The Economic Times 855:The Economic Times 559:Acquired 48% stake 502:Acquired 50% stake 378:Payment Processing 1514:. 9 October 2020. 1341:. 25 August 2022. 1223:on 6 October 2014 1141:. 21 January 2010 1123:. 10 August 2021. 1010:. 5 October 2020. 935:. 4 January 2023. 800: 799: 622: 621: 248: 247: 1625: 1572: 1571: 1560: 1554: 1553: 1541: 1535: 1534: 1522: 1516: 1515: 1504: 1498: 1497: 1485: 1479: 1478: 1476: 1474: 1469:. 5 October 2020 1459: 1453: 1452: 1441: 1435: 1434: 1422: 1416: 1415: 1404: 1398: 1397: 1386: 1380: 1379: 1368: 1362: 1361: 1349: 1343: 1342: 1331: 1325: 1324: 1312: 1306: 1305: 1294: 1288: 1287: 1276: 1270: 1269: 1257: 1251: 1250: 1239: 1233: 1232: 1230: 1228: 1209: 1203: 1202: 1200: 1198: 1189:. Archived from 1183: 1177: 1176: 1174: 1172: 1157: 1151: 1150: 1148: 1146: 1131: 1125: 1124: 1121:Financialexpress 1113: 1107: 1106: 1095: 1089: 1088: 1077: 1071: 1070: 1058: 1052: 1051: 1040: 1034: 1033: 1021: 1012: 1011: 1000: 994: 993: 991: 989: 977: 971: 966: 960: 959: 957: 955: 943: 937: 936: 925: 919: 918: 905: 899: 898: 887: 881: 880: 874: 866: 860: 859: 845: 839: 838: 826: 712:Bank Dhofar SAOG 629: 467: 335: 223: 221: 217: 216: 196:Operating income 188: 186: 182: 181: 99: 97: 92: 31: 24: 1633: 1632: 1628: 1627: 1626: 1624: 1623: 1622: 1578: 1577: 1576: 1575: 1562: 1561: 1557: 1544:Dutta, Vishal. 1543: 1542: 1538: 1524: 1523: 1519: 1506: 1505: 1501: 1487: 1486: 1482: 1472: 1470: 1461: 1460: 1456: 1443: 1442: 1438: 1425:Dutta, Vishal. 1424: 1423: 1419: 1406: 1405: 1401: 1388: 1387: 1383: 1370: 1369: 1365: 1351: 1350: 1346: 1333: 1332: 1328: 1314: 1313: 1309: 1296: 1295: 1291: 1278: 1277: 1273: 1259: 1258: 1254: 1241: 1240: 1236: 1226: 1224: 1211: 1210: 1206: 1196: 1194: 1185: 1184: 1180: 1170: 1168: 1160:S. Prem Kumar. 1159: 1158: 1154: 1144: 1142: 1133: 1132: 1128: 1115: 1114: 1110: 1097: 1096: 1092: 1079: 1078: 1074: 1060: 1059: 1055: 1050:. 30 June 2022. 1042: 1041: 1037: 1023: 1022: 1015: 1002: 1001: 997: 987: 985: 979: 978: 974: 967: 963: 953: 951: 950:. The Smart CEO 946:S. Prem Kumar. 945: 944: 940: 927: 926: 922: 907: 906: 902: 897:. 6 March 2023. 889: 888: 884: 872: 868: 867: 863: 847: 846: 842: 828: 827: 820: 815: 805: 627: 482:Valuation/Stake 465: 456: 444: 428: 420: 380: 375: 333: 329: 231: 219: 218: 210: 198: 184: 183: 170: 154:Online payments 132: 95: 93: 90: 60: 50: 17: 12: 11: 5: 1631: 1629: 1621: 1620: 1615: 1610: 1605: 1600: 1595: 1590: 1580: 1579: 1574: 1573: 1555: 1536: 1525:Dave, Sachin. 1517: 1499: 1480: 1454: 1436: 1417: 1399: 1381: 1378:. 8 June 2020. 1363: 1344: 1326: 1307: 1289: 1271: 1252: 1234: 1204: 1178: 1152: 1126: 1108: 1090: 1072: 1053: 1035: 1013: 995: 972: 961: 938: 920: 914:Business India 900: 882: 861: 840: 817: 816: 814: 811: 810: 809: 804: 801: 798: 797: 795: 792: 788: 783: 780: 776: 775: 773: 770: 763: 758: 755: 751: 750: 748: 745: 735: 730: 727: 723: 722: 720: 717: 713: 710: 707: 703: 702: 700: 697: 690: 685: 682: 678: 677: 675: 672: 661: 656: 653: 649: 648: 645: 642: 639: 636: 633: 626: 623: 620: 619: 617: 614: 611: 608: 605: 601: 600: 598: 595: 592: 589: 586: 582: 581: 579: 576: 573: 570: 567: 563: 562: 560: 557: 554: 551: 548: 544: 543: 541: 538: 535: 532: 529: 525: 524: 522: 519: 516: 513: 510: 506: 505: 503: 500: 497: 494: 491: 487: 486: 483: 480: 477: 474: 471: 464: 461: 455: 452: 443: 440: 427: 424: 419: 416: 379: 376: 374: 371: 328: 325: 273:and globally. 246: 245: 240: 236: 235: 232: 229: 226: 225: 211: 206: 203: 202: 199: 194: 191: 190: 176: 172: 171: 169: 168: 159: 156: 150: 148: 144: 143: 133: 130: 127: 126: 113: 109: 108: 105: 101: 100: 87: 83: 82: 73: 69: 68: 51: 46: 43: 42: 37: 33: 32: 15: 13: 10: 9: 6: 4: 3: 2: 1630: 1619: 1616: 1614: 1611: 1609: 1606: 1604: 1601: 1599: 1596: 1594: 1591: 1589: 1586: 1585: 1583: 1569: 1565: 1559: 1556: 1551: 1547: 1540: 1537: 1532: 1528: 1521: 1518: 1513: 1509: 1503: 1500: 1495: 1491: 1484: 1481: 1468: 1464: 1458: 1455: 1450: 1446: 1440: 1437: 1432: 1428: 1421: 1418: 1413: 1409: 1403: 1400: 1395: 1391: 1385: 1382: 1377: 1373: 1367: 1364: 1359: 1355: 1348: 1345: 1340: 1336: 1330: 1327: 1322: 1318: 1311: 1308: 1303: 1299: 1293: 1290: 1285: 1281: 1275: 1272: 1267: 1263: 1256: 1253: 1248: 1244: 1238: 1235: 1222: 1218: 1214: 1208: 1205: 1192: 1188: 1182: 1179: 1167: 1166:The Smart CEO 1163: 1156: 1153: 1140: 1136: 1130: 1127: 1122: 1118: 1112: 1109: 1104: 1100: 1094: 1091: 1086: 1082: 1076: 1073: 1068: 1064: 1057: 1054: 1049: 1045: 1039: 1036: 1031: 1027: 1020: 1018: 1014: 1009: 1005: 999: 996: 983: 976: 973: 970: 965: 962: 949: 942: 939: 934: 930: 924: 921: 916: 915: 910: 904: 901: 896: 892: 886: 883: 878: 877:Suvideals.ooo 871: 865: 862: 857: 856: 851: 844: 841: 836: 832: 825: 823: 819: 812: 807: 806: 802: 796: 793: 789: 787: 784: 781: 778: 777: 774: 771: 768: 764: 762: 759: 756: 753: 752: 749: 746: 744: 740: 736: 734: 731: 728: 725: 724: 721: 718: 714: 711: 708: 705: 704: 701: 698: 695: 691: 689: 686: 683: 680: 679: 676: 673: 670: 666: 665:Jio Platforms 662: 660: 659:Jio Platforms 657: 654: 651: 650: 646: 643: 640: 637: 634: 631: 630: 624: 618: 615: 612: 609: 606: 603: 602: 599: 596: 593: 590: 587: 584: 583: 580: 577: 574: 571: 568: 565: 564: 561: 558: 555: 552: 549: 546: 545: 542: 539: 536: 533: 530: 527: 526: 523: 520: 517: 514: 511: 508: 507: 504: 501: 498: 495: 492: 489: 488: 484: 481: 478: 475: 472: 469: 468: 462: 460: 453: 451: 449: 441: 439: 435: 433: 432:Jio Platforms 425: 423: 417: 415: 412: 407: 403: 401: 397: 393: 389: 384: 377: 372: 370: 368: 367:Android phone 363: 361: 357: 352: 350: 346: 341: 339: 326: 324: 322: 318: 314: 310: 306: 301: 299: 295: 291: 287: 286:United States 283: 279: 274: 272: 268: 267:cloud storage 264: 260: 256: 252: 244: 241: 237: 234:650 (in 2022) 233: 227: 212: 209: 204: 200: 197: 192: 177: 173: 167: 163: 160: 157: 155: 152: 151: 149: 145: 141: 137: 134: 128: 125: 121: 117: 114: 110: 106: 102: 88: 84: 81: 77: 74: 70: 67: 63: 59: 55: 52: 49: 44: 41: 38: 34: 30: 25: 19: 1567: 1558: 1549: 1539: 1530: 1520: 1511: 1502: 1493: 1483: 1471:. 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Retrieved 941: 932: 923: 912: 903: 894: 885: 876: 864: 853: 843: 834: 669:Reliance Jio 655:License deal 638:Company Name 476:Company Name 457: 445: 436: 429: 421: 408: 404: 385: 381: 364: 353: 342: 330: 302: 290:Saudi Arabia 275: 250: 249: 201: (2023) 112:Headquarters 107:Vishal Mehta 36:Company type 18: 1321:Inc42 Media 933:EquityBulls 757:Partnership 739:Bank Muscat 733:Bank Muscat 729:Partnership 709:Partnership 625:Partnership 616:$ 5 million 607:Acquisition 588:Acquisition 550:Acquisition 531:Acquisition 521:Rs 75 crore 512:Acquisition 448:Gandhinagar 187:2,033 crore 140:Middle East 131:Area served 120:Gandhinagar 1582:Categories 1568:ETBFSI.com 1473:11 October 1412:Techcircle 1302:Techcircle 1227:31 January 988:8 December 813:References 767:Riyad Bank 761:Riyad Bank 493:Investment 392:MasterCard 208:Net income 716:customers 684:Agreement 351:in 2016. 321:Bengaluru 305:GIFT City 298:Australia 222:136 crore 116:GIFT City 48:Traded as 954:29 April 835:Entrackr 782:Contract 572:CCAvenue 496:Vishko22 373:Services 347:and the 147:Services 76:Internet 72:Industry 58:INFIBEAM 1284:ibm.com 1197:15 June 515:SoftPOS 360:JioMart 327:History 309:Gujarat 282:billion 239:Website 175:Revenue 104:Founder 94: ( 86:Founded 80:Fintech 64::  56::  794:Active 772:Active 747:Active 719:Active 699:Active 674:Active 647:Cites 644:Status 610:Odigma 569:Merger 485:Cites 398:, and 336:10-15 317:Mumbai 296:, and 292:, the 255:Indian 253:is an 66:539807 40:Public 1171:4 May 1145:5 May 873:(PDF) 791:(GeM) 641:Notes 479:Notes 396:RuPay 338:crore 313:Delhi 271:India 136:India 124:India 1475:2020 1229:2016 1199:2011 1173:2013 1147:2013 990:2014 956:2013 779:2017 754:2019 743:Oman 726:2020 706:2020 681:2020 652:2020 635:Type 632:Year 604:2014 585:2017 566:2017 547:2018 528:2020 509:2022 490:2022 473:Type 470:Year 409:The 400:Visa 358:and 319:and 278:US$ 96:2007 89:2007 597:MoU 356:GeM 349:NSE 345:BSE 294:UAE 280:49 62:BSE 54:NSE 1584:: 1566:. 1548:. 1529:. 1510:. 1492:. 1465:. 1447:. 1429:. 1410:. 1392:. 1374:. 1356:. 1337:. 1319:. 1300:. 1282:. 1264:. 1245:. 1215:. 1164:. 1137:. 1119:. 1101:. 1083:. 1065:. 1046:. 1028:. 1016:^ 1006:. 931:. 911:. 893:. 875:. 852:. 833:. 821:^ 667:, 578:NA 540:NA 402:. 394:, 362:. 340:. 323:. 315:, 307:, 300:. 288:, 164:, 138:, 122:, 118:, 78:, 1570:. 1552:. 1533:. 1496:. 1477:. 1433:. 1396:. 1360:. 1323:. 1286:. 1268:. 1249:. 1231:. 1201:. 1175:. 1149:. 1069:. 1032:. 992:. 958:. 917:. 879:. 858:. 837:. 334:₹ 220:₹ 185:₹ 98:)

Index

Infibeam logo
Public
Traded as
NSE
INFIBEAM
BSE
539807
Internet
Fintech
GIFT City
Gandhinagar
India
India
Middle East
Online payments
e-commerce software
Artificial Intelligence
Operating income
Net income
https://www.ia.ooo/
Indian
software as a service
eCommerce platforms
cloud storage
India
US$
billion
United States
Saudi Arabia
UAE

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