Innoviti

OverviewSuggest Edit

Innoviti is a fintech company. It is engaged in the development of payments management software solutions. The Company provides solutions for payments automation, consumer credit distribution and lending. It serves retail, hospitality, healthcare, travel and education segments.

TypePrivate
Founded2002
HQBangalore, IN
Websiteinnoviti.com
Employee Ratings2.2

Latest Updates

Employees (est.) (Jul 2021)385
Cybersecurity ratingBMore

Key People/Management at Innoviti

Rajeev Agrawal

Rajeev Agrawal

CEO
Hemant Taware

Hemant Taware

CBO - Merchant Ecosystem Development
Gaurav Mehrotra

Gaurav Mehrotra

Vice President – Business Operations Technology
Priyabrat Mohanty

Priyabrat Mohanty

Vice President – Digital Marketing
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Innoviti Office Locations

Innoviti has offices in Bangalore, Gurugram, Mumbai and New Delhi
Bangalore, IN (HQ)
Tower – C, Diamond District, 2nd Floor, Old Airport Road
Bangalore, IN
NGR, The Edge 2nd & 3rd Floors, 41, Sai Baba Mandir Road
Gurugram, IN
448A, Udyog Vihar Phase V, Phase V, Udyog Vihar, Sector 19
Mumbai, IN
74/II, “C” Cross Road, Opp Gate No 2, MIDC 400 093, Seepz, Andheri East
New Delhi, IN
Vardhman Trade Centre, 3rd Floor, Lala Lajpat Rai Road
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Innoviti Financials and Metrics

Summary Metrics

Founding Date

2002

Innoviti total Funding

$25.2 m

Innoviti latest funding size

$18.6 m

Time since last funding

4 years ago

Innoviti investors

Innoviti's latest funding round in July 2017 was reported to be $18.6 m. In total, Innoviti has raised $25.2 m
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Innoviti Operating Metrics

Mar, 2019

Cities

850

Retail Stores

11 k
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Innoviti Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Innoviti Online and Social Media Presence

Embed Graph

Innoviti News and Updates

Samsung partners Innoviti on BEAM to provide extra margin for mainline mobile dealers on EMI Transactions

Reaffirms Innoviti's commitment to bring online customers back to retail shops using its superior technology backed by its strong partnerships with leading brands BENGALURU, India, July 16, 2021 /PRNewswire/ -- Innoviti Payment Solutions, leading provider of smart payment solutions today...

Enterprise solution provider Innoviti expands ESOP pool to $10M

The pool is a part of the structuring carried out during the recent fund raise from FMO and Bessemer Venture Partners.

[Funding alert] Innoviti Payment Solutions raises Series C round from FMO, Bessemer Venture Partners

Enterprise payments solution provider Innoviti said it will use the funding to develop new solutions and for market expansion.

Innoviti Payment raises Series C funding from FMO, Bessemer Venture

With this funding, Innoviti also aims to become cash-flow positive by March 2021. The post Innoviti Payment raises Series C funding from FMO, Bessemer Venture appeared first on DealStreetAsia.

Innoviti sues Pine Labs for using its patented UPI payments tech for PoS terminals, gets interim relief

After Innoviti Payment Solutions' infringement suit, court bars Pine Labs from 'using, manufacturing, selling, etc….any system/product/technology covered by the suit patent'.

Innoviti says new ML-based tech is helping improve user experience of Google Pay payments

The combination of UPI through Google Pay and Path Predictor has led to volumes climbing to nearly 10 percent for several stores on the Innoviti network.
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Innoviti Blogs

Innoviti’s BEAM scheme to boost margins of mainline mobile dealers on products of Xiaomi

Reaffirms Innoviti’s commitment to bring online customers back to retail shops using its superior technology backed by its strong partnerships with leading brands Innoviti Payment Solutions, leading provider of smart payment solutions today announced a pioneering scheme, Brand EMI Acceleration Missi…

vivo partners Innoviti on BEAM – a unique mission to help SMB mobile dealers earn extra margins on every EMI transaction.

Reaffirms both organizations commitment to help SMB ecosystem bounce-back from the hardships brought by the pandemic vivo, the leading innovative global smartphone brand and Innoviti Payment Solutions, India’s largest provider of payment solutions to offline enterprise merchants, announced today tha…

Innoviti’s Self-Healing technology, Juno ensures 99.7% terminal uptime across partner merchants

Pro-actively tracks 5 million transactions every day to identify & resolve issues that are hard for humans to detect Leading provider of intelligent payment solutions, Innoviti announced that its self-healing technology for payment terminals, Juno, for automatic detection and healing of complex …

Innoviti Acquires Digital Marketing Startup xGrow to help SMB merchants do Hyperlocal Digital Marketing of their products

Move designed to help offline SMBs grow sales by using digital advertising channels in unique ways Innoviti Payment Solutions -Largest provider of intelligent payment solutions to 0ffline merchants, today announced acquisition of Digital Marketing Services startup xGrow that specializes in integrati…

OPPO partners Innoviti on BEAM – a unique mission to help SMB mobile dealers earn extra margins on every EMI transaction.

Reaffirms both organizations commitment to help SMB ecosystem bounce-back from the hardships brought by the pandemic OPPO, the world’s leading smart device brand and Innoviti Payment Solutions, India’s largest provider of payment solutions to offline enterprise merchants, announced today that OPPO w…

Innoviti launches G.E.N.I.E, India’s first smart marketing app for local mobile retailers to help them revive business impacted by pandemic, in Tamil Nadu

Leading provider of Intelligent payment solutions, Innoviti, today announced the launch of G.E.N.I.E, India’s first smart marketing app for local mobile dealers in Tamil Nadu. Keeping the interests of mobile dealer community who has been facing the onslaught of online, especially during the ongoing …
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Innoviti Frequently Asked Questions

  • When was Innoviti founded?

    Innoviti was founded in 2002.

  • Who are Innoviti key executives?

    Innoviti's key executives are Rajeev Agrawal, Hemant Taware and Gaurav Mehrotra.

  • How many employees does Innoviti have?

    Innoviti has 385 employees.

  • Who are Innoviti competitors?

    Competitors of Innoviti include Neogrowth, Juspay and Razorpay.

  • Where is Innoviti headquarters?

    Innoviti headquarters is located at Tower – C, Diamond District, 2nd Floor, Old Airport Road, Bangalore.

  • Where are Innoviti offices?

    Innoviti has offices in Bangalore, Gurugram, Mumbai and New Delhi.

  • How many offices does Innoviti have?

    Innoviti has 5 offices.