Last updated: Apr 8, 2024
- Brand NameInnoviti
- HeadquarterBengaluru
- No. of Employees564
- Industry
Fintech
- Founded Year 2002
- Company StatusActive
- Highlights
- Total Funding₹1076.73 Cr
- Funding Rounds21
- Number of Acquisition1
- FY 2022-23 Revenue₹115.61 Cr
- FY 2022-23 Loss-₹86.56 Cr
About Innoviti
Founded in 2002 by Rajeev Agrawal, Innoviti is a payments technology firm that helps merchants accept payments across channels such as the web, mobile, in-store or at the time of delivery. Innoviti platform brings together merchants, banks, and product brands, enabling them to partner and create new and unique purchase tools for their common consumer. These tools are delivered throu.....
Business Model of Innoviti
Point of sale (PoS) and payment management solutions provider offers a collaborative payments platform for merchants to accept payments from multiple methods including credit cards, debit cards, mobile wallets, and UPI. It also enables lenders to disburse loans and extend EMI services to customers at POS terminals.
Key People/Management
Show allRA
Rajeev AgrawalFounder & CEO
RA
Rajeev AgrawalManaging Director
NC
Neeraj ChandraDirector
SS
Subramaniam SomasundaramDirector
VV
Vishal Vijay GuptaDirector
SP
Shilpa Prabhakar KulkarniNominee Director
Top Competitors
CP
Cashfree PaymentsU72900KA2015PTC082987
IN
InstamojoU72900MH2013FTC240897
BI
BilldeskU72300MH2000PLC125441
RS
Razorpay SoftwareU72200KA2013PTC097389
MO
MobikwikU64201HR2008PLC053766
Latest News
- Arohan, Innoviti backer FMO takes a deep haircut on India debt investmentSep 19, 2023
- Innoviti’s revenue goes past Rs 110 Cr in FY23Sep 18, 2023
- Innoviti Technologies concludes secondary ESOP saleDec 1, 2022
- Innoviti gets RBI nod for payment aggregator licenceJul 26, 2022
- Payments focussed fintech startup Innoviti gets $25 million moreJul 8, 2022
- Innoviti raises $45 mn in Series D, eyes full break-even by FY23 endJul 8, 2022
- Alumni Ventures joins Innoviti in Series D round with $22 mn chequeJun 15, 2022
- Innoviti raises additional Rs 75 cr in Series D from Dutch investor FMOMay 26, 2022
- FMO-backed fintech firm Innoviti launches ESOP buyback for eligible employeesNov 3, 2021
- VC-backed fintech firm Innoviti raises Series C funding from FMO, othersJun 10, 2020