Innoviti

company

About

Innoviti develops payment processing, credit distribution, and payment management software solutions.

Details

Last Funding Type
Series D
Last Funding Money Raised
$25M
Industries
Financial Services,FinTech,Payments,Software
Founded date
Dec 1, 2002
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Innoviti Payment Solutions Private Limited
Also Known As
Innoviti Payment Solutions,Innoviti Embedded Solutions

Innoviti develops payments processing, credit distribution, and payments management software solutions. It offers uniPAY, a unified payment and card management system for retailers; quickEMI, a solution that provides consumers the option of paying for their purchases in installments on their credit cards; pgEMI, a solution that provides consumers the option of paying for their purchases in installments; and fastCollect, an automated collection technology for banks and retailers/online megastores.

Innoviti serves markets, such as retail, mobile, lifestyle, entertainment, jewelry, education, cabs, holidays, hotels, restaurants, wellness, healthcare, online, and banks.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
11
$72.33M ₹1.55B
Innoviti has raised a total of $72.33M ₹1.55B in funding over 2 rounds. Their latest funding was raised on Jul 8, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 8, 2022 Series D $25M 8 Panthera Growth Partners Detail
May 26, 2022 Series D ₹750M 2 Alumni Ventures
FMO
Detail
Jan 4, 2022 Series D ₹800M 5 Detail
Jan 4, 2022 Debt Financing Detail
Mar 2, 2021 Series C $5.63M 2 Detail

Investors

Number of Lead Investors
Number of Investors
10
13
Innoviti is funded by 13 investors. Panthera Growth Partners and SBI Ven Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Panthera Growth Partners Yes Series D
SBI Ven Capital Yes Series B
Tata Capital Yes Seed
Alumni Ventures Series D
Bessemer Venture Partners Series D
Bharat Jaisinghani Series D
FMO Series D
Patni Wealth Advisors Series D
Sanjoy Bhattacharya Series D
Trifecta Capital Advisors Series D

Employee Profiles

Number of Employee Profiles
9
Innoviti has 9 current employee profiles, including Executive Rajeev Agrawal
Executive
Board observer
Executive
Board member
Executive