Fintech News
Fibe files draft papers for IPO with SEBI
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
TOPIC COVERAGE
#Infibeam Avenues
Explore the latest news, in-depth reports, and executive analysis tagged with #Infibeam Avenues.
Fintech News
Fibe FY25 revenue up by 49% to Rs 1,228 crore
Its profit rose by 13% to Rs 114 crore in FY25 from Rs 101 crore in FY24.
Fintech News
AvenuesAI revenue jumps 2.2X to Rs 2,381 Cr in Q3 FY26
During the quarter, the firm approved a proposal to change its corporate name to AvenuesAI Limited as part of its rebranding exercise
Fintech News
Infibeam Avenues to rebrand as AvenuesAI, elevates Vishwas Patel as MD & CEO
The board has also appointed Neharika Vohra as an additional woman director.
Fintech News
Fibe raises $35 million in Series F funding led by IFC
The funding round also saw participation from existing investors including TPG's The Rise Fund and Norwest Venture Partners.
Fintech News
Infibeam Avenues unit gets nod to operate as payment service provider at GIFT-IFSC
This authorization will allow the subsidiary to provide escrow solutions, facilitate international money transfers, and onboard merchants through the GIFT City framework.
Fintech News
Infibeam transferring e-commerce biz to subsidiary Rediff
As part of this Rs 800 crore 'related-party transaction' deal, Infibeam is also increasing its stake in Rediff to 82.7%.
Fintech News
Fibe raises Rs 225 crore via NCDs
Fibe, formerly known as EarlySalary, will use the fresh capital to strengthen and expand the platform's lending capabilities.
Fintech News
Infibeam Avenues completes Rs 700 crore rights issue
The funds will help bolster its financial position and allow it to invest in crucial growth sectors, including artificial intelligence products.
Fintech News
Infibeam Avenues posts jump in FY25 revenue and net profit
The payment aggregator's Q4 FY25 revenue from operations increased year-over-year to Rs 1,160 crore, from Rs 716 crore in Q4FY24.
Fintech News
Infibeam Avenues signs MoU with IISc Bangalore
Infibeam Avenues’s AI business unit Phronetic.AI and IISc will develop anti-deepfake technology specifically tailored for real-time video communication.
Fintech News
Infibeam Avenues restructures UAE unit as it plans ADX listing
The restructuring involves transferring the mirror shareholding in Avenues World FZ-LLC to Infibeam Avenues ME SPV Ltd, a newly formed entity in Abu Dhabi.
Fintech News
Infibeam Avenues’ Rediff.com secures UPI payments licence
This license from NPCI enables RediffPay to offer Unified Payments Interface (UPI) services to its users.
Fintech News
Infibeam posts 50% jump in Q3 profits
Payment business accounted for 94% of its total revenues which stood at Rs 1,010 crore; whereas the e-commerce platform business' contributed Rs 60.3 crore.
Fintech News
Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues
The company's net profit after tax rose to Rs 47.47 crore, up 16.7% from Rs 40.69 crore earned in Q2 FY24.