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Photo of Rajeev Agrawal

Rajeev Agrawal

As CEO of lnnoviti, Rajeev leads one of India’s most exciting financial technology companies in India that is using technology to reduce friction in delivery of many financial services. An engineer by profession, Rajeev believes in a strongly design centric technology approach that can solve problems conclusively. lnnoviti started its fintech business in 2002 and quickly established itself as a pioneer in solving real-world fintech problems. The company has been a pioneer in the use of technology to add intelligence to payment transactions, helping merchants, banks and brands utilize the full power of digital payments to drive business growth. The company processes over 6.5Bt of offline merchant payments (-5% of India’s offline merchant payments volume as per RBI data), from over 1000a cities with a volume throughput per installation that is 2X of the country’s average. Catamaran Ventures, SBI Capital, Bessemer Ventures and FMO are investors in the company. The company has several patents filed for with two awarded. lnnoviti is the winner of Mastercard’s Innovation Wizards Award for its instant onboarding innovation, and Reliance’s Most Promising Growth Consumer Finance Award for its #KuchBhiOnEMl innovation in 2019. lnnoviti is the only Indian payments SaaS company to be awarded the SOC3 seal of excellence for adherence to principles of trust in privacy, security, confidentiality, availability, and processing of transactions. Prior to founding lnnoviti, Rajeev was Vice President and Head of Broadband Communications Business at Sasken, Bangalore. He has done his B.Tech and Ph.D. from llT, Bombay and is credited with the fasted Ph.D. in the history of llT, Bombay.