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Innoviti

Innoviti is a financial technology firm that offers payment processing and point-of-sale terminal solutions for businesses, merchants and retailers. Read more

Rajeev Agrawal's photo - Founder & CEO of Innoviti

Founder & CEO

Rajeev Agrawal

CEO Approval Rating

86/100

Founded:

2002

Status:

PrivateIndependent Company

Est. Annual Revenue
Est. Employees
Headquarters
,
Karnataka

INNOVITI TOP COMPETITORS OR ALTERNATIVES

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Pine Labs is Innoviti's #1 rival. Pine Labs was founded in 1998 in Noida, Uttar Pradesh. Like Innoviti, Pine Labs also operates in the Fintech space. Pine Labs generates $82.3M more revenue than Innoviti.

Mswipe is one of Innoviti's top competitors. Mswipe is headquartered in Mumbai, Maharashtra, and was founded in 2011. Like Innoviti, Mswipe also works within the Fintech sector. Mswipe generates 420% the revenue of Innoviti.

Ezetap is seen as one of Innoviti's top competitors. Ezetap was founded in 2011, and its headquarters is in Bengaluru, Karnataka. Like Innoviti, Ezetap also works within the Fintech sector. Ezetap has 200 fewer employees than Innoviti.

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Growth Score - 1/1

Is $11M a good estimate for Innoviti's revenue?

Innoviti Acquisitions

No recent acquisitions found related to Innoviti

Innoviti Funding History

Since Innoviti was founded in 2002, it has participated in 6 rounds of funding. In total Innoviti has raised $41.7M. Innoviti's last funding round was on Jun 2020 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series C
Jun 2020
--
Debt
Feb 2020
$5M
Debt
Mar 2019
$11.5M
Series B
Jul 2017
$18.6M
Series A
Jul 2015
$5M

Since Innoviti was founded in 2002, it has participated in 6 rounds of funding. In total Innoviti has raised $41.7M. Innoviti's last funding round was on Jun 2020 for a total of $0

Innoviti Investments

No recent investments found related to Innoviti

Innoviti News

September 16, 2020Plunge Daily

Innoviti Becomes India's First Payments SaaS Company to Receive Coveted SOC3 Seal of Excellence for Adhering to Trust Services Principles

Innoviti announced today that it has been awarded the SOC Compliance Seal (SOC2 and SOC3 reports for ... See more »
September 2, 2020Cards International

Federal Bank and Innoviti offer debit card EMI on POS terminals

Federal Bank has joined forces with Innoviti Payment Solutions to offer EMI options to its debit card... See more »
August 31, 2020National Computrade News

Innoviti Partners with Visa to Develop Installments Platform for Face-To-Face Transactions

Innoviti announced today that it had entered a partnership with Visa, the leader in payments technolo... See more »
August 28, 2020Express Computer

Innoviti partners with Visa to develop installments platform for face-to-face transactions

Innoviti has partnered with Visa, to develop a platform that will enable issuers to extend credit to ... See more »
August 27, 2020The Economic Times

Visa, Innoviti join hands to offer EMIs on offline card payments

The platform in its first phase is being tested on a pilot basis at select electronics merchant chain... See more »
August 7, 2020The Paypers

Axis Bank partners with Innoviti

India-based Axis Bank has partnered Innoviti to provide options of the bank's debit cards through Inn... See more »
July 9, 2020adgully

Ex-Britannia, Ex-Unilever Honcho, Neeraj Chandra joins Innoviti's Board

Leading provider of intelligent payment solutions, Innoviti Payment Solutions announced the addition ... See more »

Innoviti Blogs

May 29, 2021Innoviti Blog

Why helping small merchants sell is more important than helping them buy more?

Large number of small businesses in India face a tough competition from online players and establishe... See more »
May 29, 2021Innoviti Blog

What are the hurdles in the path of creating a world-class payments ecosystem in India?

Widespread internet penetration, a slew of government reforms and sustained investor interest in paym... See more »
May 17, 2021Innoviti Blog

Yashoda Hospitals to transact on Innoviti's uniPAY NEXT Platform

Move designed to streamline card payment acceptance and enhance patient experience Innoviti to enable... See more »
May 15, 2021Innoviti Blog

Ezetap's Sanjeeb Kalita Joins Innoviti as Chief Revenue Officer

Move designed to further accelerate Innoviti's revenue expansion plans An alumnus of INSEAD, France, ... See more »
February 15, 2021Innoviti Blog

Innoviti launches G.E.N.I.E, India's first smart marketing platform for mobile dealers in Mysuru

The post Innoviti launches G.E.N.I.E, India's first smart marketing platform for mobile dealers in My... See more »
December 19, 2020Innoviti Blog

Innoviti's novel #KuchBhiOnEMI Offer hits a sweet spot with Apparel Shoppers

No Restrictions Credit Card EMI Offers helps non-traditional retail categories use innovative consume... See more »
December 9, 2020Innoviti Blog

Ex-Future Group honcho Hemant Taware joins Innoviti as Chief Business Officer

Designed to de-risk payments at POS from local GPRS and 4G Network Problems Leading payment solutions... See more »

Innoviti Press Releases

Innoviti Videos

Social Media

Innoviti Headquarters

Old Airport Road, Kodihalli, Tower C, 2nd Floor, Diamond District,

Bangalore, Karnataka560008

91-80461-09300

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Innoviti Summary

ABOUT

Overview

Innoviti is a financial technology firm that offers payment processing and point-of-sale terminal solutions for businesses, merchants and retailers. Innoviti was founded in 2002. Innoviti's headquarters is located in Bangalore, Karnataka, IN 560008. I...

CEO

Innoviti's Founder & CEO, Rajeev Agrawal, currently has an approval rating of 86%. Innoviti's primary competitors are Pine Labs, Mswipe & Ezetap.

Frequently Asked Questions about Innoviti

  1. When was Innoviti founded?

    Innoviti was founded in 2002
  2. Who is Innoviti's CEO?

    Innoviti's CEO is Rajeev Agrawal
  3. How much revenue does Innoviti generate?

    Innoviti generates $11M in revenue
  4. How much funding does Innoviti have?

    Innoviti has historically raised $41.7M in funding
  1. Where is Innoviti's headquarters?

    Innoviti's headquarters is in Bangalore Karnataka, IN
  2. How many employees does Innoviti have?

    Innoviti has 500 employees
  3. What sector does Innoviti operate in?

    Innoviti is in Internet Software, Fintech
  4. Who are Innoviti's competitors?

    Innoviti's top competitors are Pine Labs, Mswipe, Ezetap