
Innoviti is India’s largest provider of payment solutions to Enterprise merchants with a 76% market share of all payments happening in this segment.
Innoviti been a pioneer in using technology to help businesses extract better value from retail transactions than anyone else. The company processes over 10B$ of merchant payments from over 1000+ cities with a volume throughput per installation that is 2X of the country’s average. Bessemer Venture Partners, USA, FMO, Netherlands, Catamaran Ventures, and Patni Advisors are investors in the company. The company has several patents filed for with two awarded. Innoviti is the winner of Mastercard’s Innovation Wizards Award, Reliance’s Most Promising Growth Consumer Finance Award and Deloitte Fastest Growing Companies in Asia award in 2020. Innoviti is the only Indian payments SaaS company to be awarded the coveted SOC3 seal of excellence for adherence to principles of trust in privacy, security, confidentiality, availability, and processing of transactions.
Legal Name
:
Innoviti Payment Solutions Pvt. Ltd
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
Founding Date
:
2002
No. of Employees
:
251 to 500
Core Team
:
2002
Dec | Company Incorporation
Company Incorporation
2015
Jul | Raised Funding
Series A funding by Catamaran, New India Investment - US$ 5 Million
B2B
Retailers (Large format, Regional Organized Traders, Mainline Mobile Retailers)
Client Segment
:
Retail
Target Companies
:
Small Enterprise,
Medium Enterprise,
Large Enterprise
Target Geography
:
Frequently Asked Questions