About Infibeam Avenues Limited

Infibeam Avenues Limited is a fintech and enterprise platforms company headquartered at GIFT City, Gandhinagar. It provides payment services globally under the brand CCAvenue and e‑commerce software to large businesses through its BaB (BuildaBazaar) platform. Its fintech suite includes CCAvenue (omnichannel payment gateway), BillAvenue, ResAvenue and Go Payments; CPGS is its bank‑centric payment infrastructure; TrustAvenue is the lending platform; and Enterprise BaB powers marketplace and digital commerce infrastructure for large organisations. The company serves 10 million+ merchants across India, with a little over 5,000 merchants located outside India, largely in the UAE. Operations span 7 offices in India and 4 international offices, with markets served across 28 States and 8 Union Territories in India and 4 countries abroad; the registered office is in GIFT City, Gandhinagar.

As at March 31, 2025, the Group consolidated 19 subsidiaries across India, the UAE, USA, Saudi Arabia and Australia (including step‑down subsidiaries), as disclosed in the consolidated financial statements. Key milestones highlighted by the company include being the first fintech to get listed on both NSE and BSE, becoming the first RBI‑licensed BBPOU to onboard billers and agents, winning an exclusive contract with GeM, launching B2B payments, and initiating payments in the UAE and Oman. Infibeam positions itself among the top three payment processors in India and among the top two non‑bank players in the UAE, serving marquee clients across sectors from hospitality and airlines to government and large enterprises.

Infibeam Avenues Limited’s Business Segments

• Segment/vertical: Digital payment and checkout web services contributed 95.17% of the entity’s turnover (NIC Code 62013).
• Geography: Exports contributed 5.83% of the standalone turnover; the remainder was domestic.

Infibeam Avenues Limited Key Management

• Vishal Mehta, Chairman & Managing Director
• Vishwas Patel, Joint Managing Director
• Sunil Bhagat, Chief Financial Officer
• Shyamal Trivedi, Sr. Vice President & Company Secretary

Latest Updates on Infibeam Avenues Limited

• Acquisition of Rediff.com: Acquired 54.05% equity stake in Rediff.com India Limited, making it a subsidiary; related Rediff entities in the USA also became subsidiaries during the year.
• Corporate and Brand Restructuring: Demerger and listing of ODIGMA; UAE operational restructuring for localisation; and launch of a new Infibeam logo to signal innovation and integration.
• TPAP Licence for UPI: Secured TPAP licence for UPI via RediffPay.
• Strategic Partnerships: Strategic partnerships formed during the year with ESAF Bank, ShopSe India, and BHIM (prepaid recharges via BillAvenue).
• Governance Enhancements: Governance enhancements with the induction of new Independent Directors.
• Rights Issue for Infrastructure Scaling: Board approved a Rs 700 crore rights issue to scale AI and data centre infrastructure (Quantum Edge), launch and grow RediffPay in India, expand global payment infrastructure in the Gulf, USA and Australia, and develop an Agentic AI Marketplace.