Innoviti (Innoviti Payment Solutions Pvt. Ltd.)
Innoviti Payment Solutions Pvt. Ltd. (formerly Innoviti Embedded Solutions Pvt. Ltd.) has been a pioneer in the use of technology to solve real-world payment acceptance problems of merchants. Using its indigenous payments platform Innoviti has delivered differentiated solutions for payments automation, consumer credit distribution and SME lending that have become a benchmark in their markets.
Currently, Innoviti processes over Rs. 30,000 Cr. Of payment transactions annually including Rs. 1,500 Cr. of credit. It is India’s only payments company that can process transactions through any channel – be it web, mobile, in-store or at the time of delivery. The company has won Deloitte Asia Pacific award three years in a row and Red Herring Asia award twice.
Innoviti is backed by marquee investors such as Singapore-based SBI FMO Emerging Asia Financial Sector Fund (the ‘SBI-FMO Fund’ jointly setup by SBI Holdings Group of Japan and FMO of Netherlands), Bessemer Venture Partners and Catamaran Ventures.See more