About CCAvenue
CCAvenue is a company based in Gandhinagar (India) founded in 2001 by Vishal Mehta. CCAvenue has raised $6.7 million across 1 funding round from investors including Infibeam Avenues. The company has 738 employees as of April 08, 2024. CCAvenue offers products and services including Payment Gateway, Invoice Payments, Subscriptions, CCAvenue Mobile App, and CCAvenue TapPay. CCAvenue operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Gandhinagar, India
- Employees 738 as on 08 Apr, 2024
- Founders Vishal Mehta
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Infibeam Avenues Limited
- Jurisdiction Gandhinagar, Gujarat, India
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Annual Revenue
$244.45 M (USD)55.92as on Mar 31, 2023
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Net Profit
$16.38 M (USD)62.9as on Mar 31, 2023
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EBITDA
$21.59 M (USD)23.87as on Mar 31, 2023
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Total Equity Funding
$6.7 M (USD)
in 1 rounds
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Latest Funding Round
$6.7 M (USD), Series A
May 11, 2016
- Investors
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Employee Count
738
as on Apr 08, 2024
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Products & Services of CCAvenue
CCAvenue offers a comprehensive portfolio of products and services, including Payment Gateway, Invoice Payments, Subscriptions, CCAvenue Mobile App, and CCAvenue TapPay.
Secure platform for accepting various payment methods online
System to create and send itemized invoices for payments
Automated tool for handling recurring payment collections
App for tracking and managing payments on mobile devices
Solution to convert smartphones into POS terminals for taps
Funding Insights of CCAvenue
CCAvenue has successfully raised a total of $6.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.7 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $6.7M
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First Round
First Round
(11 May 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - CCAvenue | Valuation |
investors |
Investors in CCAvenue
CCAvenue has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Infibeam Avenues.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Digital payment solutions and enterprise software platforms are provided.
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Founded Year | Domain | Location |
Investments & Acquisitions by CCAvenue
Financial Statements - CCAvenue
Ccavenue Comparisons
Competitors of CCAvenue
CCAvenue operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
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| domain | founded_year | HQ Location |
Digital payments are processed and managed via specialized solutions.
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Frequently Asked Questions about CCAvenue
CCAvenue was founded in 2001 and raised its 1st funding round 15 years after it was founded.
CCAvenue is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
CCAvenue is a funded company, having raised a total of $6.7M across 1 funding round to date. The company's 1st funding round was a Series A of $6.7M, raised on May 11, 2016.
As of Apr 08, 2024, the latest employee count at CCAvenue is 738.
Annual revenue of CCAvenue is $244.45M as on Mar 31, 2023.
Founded in 2001 and headquartered in Gandhinagar, India, CCAvenue operates in the fintech sector, focusing on payment processing services. Real-time transaction handling, multi-currency support, and multiple payment options are delivered to merchants across India. Key features encompass customizable shopping carts, invoice-based payment systems, social media integrations, IVR phone payments, and detailed transaction reporting tools.
CCAvenue offers Payment Gateway, Invoice Payments, Subscriptions, CCAvenue Mobile App, and CCAvenue TapPay.
CCAvenue has 1 investor. Key investors include Infibeam Avenues.
The valuation of CCAvenue is $234.16M as of May 2016.