Enriching lives by helping people make better purchase decisions while bringing a collaborative commerce platform to local merchants across India.

Basic Information

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. See more

Legal Name

:

Innoviti Payment Solutions Pvt. Ltd.

Headquarters

:

Bengaluru, Karnataka, India

Business Model

:

B2C 

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

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Funding

Total Funding

$92.7M

Investors

:

1.

Bessemer Venture Partners

2.

Catamaran Ventures

3.

SBI Ven Capital

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