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Infibeam information


Infibeam Avenues Limited
Company typePublic
Traded as
NSE: INFIBEAM
BSE: 539807
IndustryInternet, Fintech
Founded2007; 17 years ago (2007)
FounderVishal Mehta
HeadquartersGIFT City, Gandhinagar, India
Area served
India, Middle East, USA & Australia
Services
  • Online payments
  • Internet services (data centres, domains)
  • e-commerce software, Artificial Intelligence
RevenueIncrease 2,033 crore (US$250 million)[1]
Operating income
 (2023)
Net income
Increase 136 crore (US$17 million) (FY23)[1] (2023)
Number of employees
650 (in 2022)
Websitehttps://www.ia.ooo/

Infibeam Avenues Limited is an Indian payment infrastructure and software as a service (SaaS) fintech company that provides digital payment services, eCommerce platforms, digital lending, data cloud storage and omnichannel enterprise software to businesses across industries in India and globally.[2][3][4]

Through its flagship brand, CCAvenue, the business is present in the payment infrastructure market, processing more than US$49 billion in online payments.[5] Infibeam Avenues claims to have more than 6.4 million merchants on its platform. It also operates in overseas markets like the United States, Saudi Arabia, the UAE, and Australia.[6]

It is headquartered in GIFT City, Gujarat, India with offices in Delhi, Mumbai and Bengaluru.[7]

  1. ^ a b Manchanda, Md Salman Ashrafi & Kunal (26 May 2023). "Infibeam Avenues' scale surges over 50% in FY23 and Q4". Entrackr.
  2. ^ Dutta, Vishal (19 August 2019). "Fintech firm Suvidhaa plans e-commerce foray". The Economic Times.
  3. ^ "Migration Message" (PDF). Suvideals.ooo.
  4. ^ "Infibeam's BillAvenue adds 1 million agents; targets reaching 5 million agents by 2025". The Economic Times. 6 March 2023.
  5. ^ "Infibeam creates history". Business India.
  6. ^ "Infibeam Avenues Ltd deepens its reach in digital payments". EquityBulls. 4 January 2023.
  7. ^ S. Prem Kumar. "Infibeam's double-edged strategy". The Smart CEO. Retrieved 29 April 2013.

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