Infibeam Avenues

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.

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

Payment aggregator firm Infibeam posts Rs 1016 crore in Q2 revenues

12 Nov 2024, 22:10 PM

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.

Fintech Highlights

  1. Pine Labs to rope in Avendus executive as CFO

  2. MobiKwik enters stock broking business

  3. Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

  4. At a Glance: Fintechs rule personal loan volume, but bank-like on gender thinking

  5. American Express to discontinue Amex Pay from July 31
  6. Read more highlights...

AI/Emerging Tech

  1. Sutskever steps into CEO role at own startup after Meta poaches Daniel Gross

  2. Elon Musk's xAI raises $10 billion to boost Grok platform

  3. Amazon introduces new generative AI model as it deploys 1 millionth robot

  4. AI Mode, ChatGPT or Perplexity - who's best at keeping kids active indoors on hot days

  5. Over 40% of agentic AI projects to be scrapped by 2027-end: Gartner
  6. Read more highlights...

Editor's Pick

  1. RBI vs Government: The battle over India’s digital payments ecosystem explained

  2. What led Google-backed DotPe to shut down its lending unit

  3. Madras HC grants anticipatory bail to Strata founder in email impersonation case