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Enriching lives by helping people make better purchase decisions while bringing a collaborative commerce platform to local merchants across India.
Innoviti is India’s largest Collaborative Commerce Platform, helping diverse businesses such as banks, product brands, and merchants, partner to acquire consumers together. The platform helps businesses turn payment transactions into attractive purchase tools delivered right at the retail point of sale. Innoviti has an “in-principle” Payment Aggregator license from RBI, India’s central bank. The company manages over 10B$ of annual purchases. Bessemer Venture Partners, FMO, Catamaran Ventures, Panthera Growth Partners and Alumni Ventures are investors in the company. Innoviti is the only Indian payments SaaS company to be awarded the coveted SOC3 seal of excellence. The company is also Great Place to Work certified.
Legal Name
:
Innoviti Payment Solutions Pvt. Ltd.
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
Founding Date
:
2002
No. of Employees
:
501 to 1000
Core Team
:
1.
Rajeev Agrawal
Founder and CEO
2.
Amrita Malik
Chief Business Officer
3.
Sumit Sirsikar
Chief Marketing Officer
4.
Prasad Sonavane
Chief Revenue Officer (CRO)
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Total Funding
$92.7M
Investors
:
1.
Bessemer Venture Partners
2.
Panthera Growth Partners
3.
SBI Ven Capital
4.
FMO
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