Infibeam Avenues

Infibeam Avenues completes Rs 700 crore rights issue

Infibeam Avenues completes Rs 700 crore rights issue

16 Jul 2025, 12:24 PM

The funds will help bolster its financial position and allow it to invest in crucial growth sectors, including artificial intelligence products.

Infibeam Avenues posts jump in FY25 revenue and net profit

Infibeam Avenues posts jump in FY25 revenue and net profit

29 May 2025, 14:57 PM

The payment aggregator's Q4 FY25 revenue from operations increased year-over-year to Rs 1,160 crore, from Rs 716 crore in Q4FY24.

Infibeam Avenues signs MoU with IISc Bangalore

Infibeam Avenues signs MoU with IISc Bangalore

17 Mar 2025, 20:20 PM

Infibeam Avenues’s AI business unit Phronetic.AI and IISc will develop anti-deepfake technology specifically tailored for real-time video communication.

Infibeam Avenues restructures UAE unit as it plans ADX listing

Infibeam Avenues restructures UAE unit as it plans ADX listing

12 Mar 2025, 17:21 PM

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.

Infibeam Avenues’ Rediff.com secures UPI payments licence

Infibeam Avenues’ Rediff.com secures UPI payments licence

12 Feb 2025, 19:00 PM

This license from NPCI enables RediffPay to offer Unified Payments Interface (UPI) services to its users.

Infibeam posts 50% jump in Q3 profits

Infibeam posts 50% jump in Q3 profits

04 Feb 2025, 21:00 PM

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 Highlights

  1. FinBox raises $40 million in Series B round led by WestBridge Capital

  2. Peak XV-backed Groww files revised papers for Rs 7,000 crore IPO

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  4. RBI secures massive Mumbai land deal to house new office

  5. BeyondSquare Solutions secures $4 million in Series A funding led by Avant Global Corp
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AI/Emerging Tech

  1. OpenAI updating ChatGPT to strengthen teen safety measures amid wrongful death lawsuit

  2. AI startup Hyperbound secures Series A funding led by Peak XV

  3. OpenAI ropes in xAI's former CFO as business finance officer

  4. Micro1 raises Series A funding led by VC firm founded by former X executives

  5. OpenAI set for restructure under non-binding deal with Microsoft
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Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality