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Innoviti

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Headquarters

India

Founded Year

2002

Total Funding

Undisclosed

Employees

201 - 500

Status

Active


About Innoviti

Innoviti is India’s most exciting payments company that has always brought differentiation through innovative solutions to solve real-world payment problems for businesses.

Headquarters

India


General Information on Innoviti

Brand name Innoviti
Company name Innoviti Payment Solutions
Website https://innoviti.com/
Founded year 2002
Employees 201 - 500
Contact [email protected]
+918040701400

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Recent News and Activity about Innoviti

CXOtoday.com 17.06.2022
Alumni Ventures, USA Joins Innoviti’s Series D Fund Raise

Alumni Ventures has funds from alumni of MIT, Harvard, Princeton, Yale, Stanford, and other top US universities. Their network and community  are their secret sauce for identifying top-notch opportunities around the world. Innoviti had carried out a second close of Rs. 75 Cr. from FMO N.V., a Development Finance Bank, from the Netherlands in May 2022.  With Alumni joining the cap table, Innoviti has raised Rs. 160Cr. in Series D till date. The ...

AVCJ 17.06.2022
India payments player Innoviti expands Series D to $22m

India-based financial technology start-up Innoviti Payment Solutions has doubled the size of its ongoing Series D round to more than INR 1.6bn (USD 22.5m). The overall target is USD 3bn. Alumni Ventures, a VC firm that manages capital for graduates of leading US universities, came into the latest close. There were two earlier closes, according to AVCJ Research: INR 800m in January from...

Innoviti news
TechnoSports 16.06.2022
Alumni Ventures, USA Joins Innoviti's Series D Fund Raise

(Alumni Ventures has funds from alumni of MIT, Harvard, Princeton, Yale, Stanford, and other top US universities.) Bengaluru, 16th June 2022: Alumni Ventures, one of the most active venture capital firms in the world with over 1,000 portfolio companies and over $1B USD in assets under management, has joined Innoviti's Series D round, taking the funds raised in Series D to Rs. 160 Cr($22M). Alumni Ventures has funds from alumni of MIT, Harvard, ...

Innoviti news
People Matters 16.06.2022
Alumni Ventures joins Innoviti's Series D funding round

The funds raised will be utilised for a number of initiatives including strengthening of the technology platforms. Alumni Ventures has joined Innoviti's Series D round, taking the funds raised in Series D ₹160 Crs. Alumni Ventures has funds from alumni of MIT, Harvard, Princeton, Yale, Stanford, and other top US universities. Their network and community are their secret sauce for identifying top-notch opportunities around the world. In the ...

Innoviti news
Inc 42 16.06.2022
Alumni Ventures Joins Innoviti's Ongoing Series D Round; Total Fundraise Stands At $22 Mn+

Bengaluru-based fintech startup Innoviti has raised additional undisclosed funds in its ongoing Series D round from Alumni Ventures. Previously, the startup has raised $20 Mn+ in two tranches, but some portion of the same was debt Innoviti plans to raise a total of INR 300 Cr in equity funding, of which INR 140 Cr will be raised in the coming weeks Innoviti's enterprise business alone turned EBITDA positive in October 2020 and the combined ...

Innoviti news
CNBC TV18 15.06.2022
Funding Rundown: Groyyo raises $40M in Series A round, Innoviti bags $22M in on-going Series D round & DAOLens raises $5M in pre-seed round

Mini Here's a lowdown of the top deals from the startup space. Groyyo raises $40M in Series A funding round led by Tiger Global B2B manufacturing startup Groyyo has raised $40 million in a combination of equity and debt in its Series A round led by Tiger Global. The funding round also witnessed strong participation from early investor Alpha Wave Global. Existing investors Sparrow Capital and Stride Ventures, and angel investors like Bahram ...

Innoviti news
Business Mayor 15.06.2022
With Alumni Ventures on board, Innoviti raises Rs 160 cr in Series D funding

BANGALORE: Alumni Ventures has joined Innoviti 's Series D round, taking the funds raised to Rs 160 crore ($22 million). Alumni Ventures has funds from alumni of MIT Harvard Princeton Yale , Stanford, and other US universities. Innoviti had carried out a second round of Rs 75 crore from FMO NV, a development finance bank, from the Netherlands in 2022. The company said it will be raising another Rs 140 crore over the next few weeks towards the ...

Innoviti news
Economic Times 15.06.2022
With Alumni Ventures on board, Innoviti’s raises Rs 160 cr in Series D funding

BANGALORE: Venture capital firm, Alumni Ventures, has joined Innoviti’s Series D round, taking the funds raised in Series D to Rs 160 crore($22 million). Alumni Ventures has funds from alumni of MIT, Harvard, Princeton, Yale, Stanford, and other US universities. It had carried out a second close of Rs 75 crore from FMO NV, a development finance bank, from the Netherlands in May 2022. With Alumni joining the cap table, Innoviti has raised Rs 160 ...

Innoviti news
News Patrolling 27.05.2022
Innoviti’s Second Close Takes Series D Funds Raised to Rs. 155 Crores

Bengaluru, 26th May 2022: Second close of Rs. 75 Cr. was carried out by Innoviti’s existing shareholder, FMO N.V., a Development Finance Bank, from the Netherlands. The first close was carried out in Jan 2022 for Rs. 80 Cr., through a mix of debt and equity from Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners, besides a clutch of individual investors. The company will be raising another Rs. 125 Cr. over the next few weeks ...

India Brand Equity Foundation 27.05.2022
Innoviti raises additional ₹75 cr in Series D from Dutch investor FMO

The funds will be used by Innoviti to strengthen its technology and make acquisitions in the fields of data science and marketing technologies. A portion of the funds will also be used for working capital and product marketing. The company claims to handle more than Rs. 75,000 crore (US$ 9.66 billion) of annualised purchase volume. The company is also working with Visa to set up an instalment platform to help democratise access to credit. The ...