About CCAvenue
CCAvenue is a Financial Services company based in Gandhinagar (India) founded in 2001 by Vishal Mehta. Merchant accounting, credit card processing, and payment gateway solutions for businesses. CCAvenue has raised $6.7 million across 1 funding round from investors including Infibeam Avenues. The company has 738 employees. CCAvenue was last valued at $234.16 million in May 2016. Its website ccavenue.com draws about 8.2 million monthly visits. Its Indian entity Avenuesai Limited reported revenue of ₹8,205 Cr. CCAvenue offers products and services including Payment Gateway, Invoice Payments, Subscriptions, CCAvenue Mobile App, and CCAvenue TapPay. Its focus areas include FinTech, Payments, Business Payments and Online Payments. Its competitors include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gandhinagar, India
- Employees 738
- Founders Vishal Mehta
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance · Financial Planning and Management
- Email••••••••
- Website ccavenue.com
- Social X
- Legal Name Infibeam Avenues Limited
- Date of Incorporation 30 Jun, 2010
- Jurisdiction Gandhinagar, Gujarat, India
- Annual Revenue₹8,205 Cr
FY 2026 · +103% YoY
- Net Profit₹282 Cr
FY 2026 · 3% margin
- EBITDA₹348 Cr
FY 2026 · 4% margin
- Total Equity Funding$6.7M (USD)
in 1 rounds
- Latest Funding Round$6.7M (USD), Series A
May 2016
- Investors
- Employee Count738
Associated legal entities of CCAvenue
CCAvenue is associated with 4 registered companies on The Company Check; the primary company is Avenuesai Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avenuesai Limited Listed CIN L64203GJ2010PLC061366 | Active | 30 Jun 2010 | Gandhinagar, Gujarat | ₹8,205 Cr | 738 | 10 | View details |
| Robertson Shizuoka Healthier Products Private Limited CIN U74120MH2015PTC268061 | Active | 03 Sep 2015 | Thane, Maharashtra | ₹0.2 Cr | 212 | 3 | View details |
| Avenues (India) Private Limited CIN U72200GJ2001PTC100083 | Amalgamated | 01 Feb 2001 | Gandhinagar, Gujarat | ₹686 Cr | 720 | 4 | View details |
| Fable Fintech Private Limited CIN U72200MH1999PTC123313 | Active | 27 Dec 1999 | Mumbai, Maharashtra | ₹36.4 Cr | 203 | 3 | View details |
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
Apps and channels of CCAvenue
CCAvenue publishes 1 mobile app with over 100K+ downloads.
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 $6.7M
- Total Rounds 1
- Last Round Series A — $6.7M
- First Round $6.7M
(May 2016)
- Investors Count 1
All 1 funding rounds of CCAvenue with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2016 | $6.7M | Series A | $234.16M | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2016 | $234.16M | •••••••• |
Last known valuation $234.16M (May 2016). 1 investors in total: 1 institutional.
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 |
|---|---|---|---|---|
Digital payment solutions and enterprise software platforms are provided. | 2007 | ia.ooo | Gandhinagar, India |
Investor details for CCAvenue
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Board of directors of Avenuesai Limited (CCAvenue)
Avenuesai Limited is the primary company behind CCAvenue. The boards of the 4 registered companies of CCAvenue currently have 15 directors; the longest-serving is Variniben Vishwaskumar Patel, appointed in 2001. 23 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Variniben Vishwaskumar Patel DIN 00934912 | Managing Director | 01 Feb 2001 | 25 yrs 8 mo | Avenues (India) Private Limited |
| Vishwas Ambalal Patel DIN 00934823 | Managing Director | 01 Feb 2001 | 25 yrs 8 mo | Avenues (India) Private Limited, Avenuesai Limited |
| Ajit Champaklal Mehta DIN 01234707 | Director | 30 Jun 2010 | 16 yrs 4 mo | Avenuesai Limited |
| Suresh Viswanath Kolkante DIN 07240896 | Director | 03 Sep 2015 | 11 yrs 1 mo | Robertson Shizuoka Healthier Products Private Limited |
| Rupali Gajendra Ade DIN 07240900 | Director | 03 Sep 2015 | 11 yrs 1 mo | Robertson Shizuoka Healthier Products Private Limited |
| Gajendra Ade Namdeo DIN 07240899 | Director | 03 Sep 2015 | 11 yrs 1 mo | Robertson Shizuoka Healthier Products Private Limited |
| Malav Mehta Ajitbhai DIN 01234736 | Director | 01 Apr 2017 | 9 yrs 7 mo | Avenues (India) Private Limited |
| Vishal Ajitbhai Mehta DIN 03093563 | Director | 01 Apr 2017 | 9 yrs 7 mo | Avenues (India) Private Limited, Avenuesai Limited |
| Piyushkumar Mithileshkumar Sinha DIN 00484132 | Director | 14 Feb 2018 | 8 yrs 8 mo | Avenuesai Limited |
| Naushad Jehangir Contractor DIN 01587876 | Director | 06 Jul 2021 | 5 yrs 3 mo | Fable Fintech Private Limited |
| Sunil Satyanarayan Dayma DIN 00264850 | Director | 29 Jun 2024 | 2 yrs 4 mo | Fable Fintech Private Limited |
| Narayanan Sadanandan DIN 07263104 | Director | 09 Jul 2024 | 2 yrs 3 mo | Avenuesai Limited |
| Rohit Razdan DIN 05138893 | Nominee Director | 25 Nov 2024 | 1 yr 11 mo | Fable Fintech Private Limited |
| Girija Krishan Varma DIN 10038009 | Director | 06 Mar 2025 | 1 yr 7 mo | Avenuesai Limited |
| Neharika Vohra DIN 06808439 | Director | 11 Dec 2025 | 10 mo | Avenuesai Limited |
People of CCAvenue
1 people are tracked at CCAvenue (1 in leadership); the tracked headcount is 738.
| Name | Role | Group |
|---|---|---|
| Co-Founder & MD | Leadership |
Complete people profiles for CCAvenue
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Financials of CCAvenue
Figures of Avenuesai Limited, the primary company behind CCAvenue, for FY 2026. Revenue was ₹8,205 Cr (+103% year on year). Net profit was ₹282 Cr (3% margin). EBITDA was ₹348 Cr (4% margin). Revenue has grown at a compounded annual rate of +61% over three years and +64% over five years.
- ₹8,205 CrRevenue · FY 2026 · +103% YoY
- ₹282 CrNet profit · 3% margin
- ₹348 CrEBITDA · 4% margin
- ₹315 CrPaid-up capital
- 738Employees (provident fund records)
- +61%Revenue CAGR, 3 years
- +64%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Avenuesai Limited are on its company page.
Detailed financial statements for CCAvenue
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of CCAvenue
3 dated milestones of CCAvenue across 15 years, from founding to its latest funding, stage changes and deals.
- Founded CCAvenue is founded.
- Funding First funding round of $6.7M.
- Milestone Reaches Minicorn status.
Competitors of CCAvenue
CCAvenue has 3 listed competitors in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed competitors of CCAvenue
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Web traffic of CCAvenue
The website of CCAvenue (ccavenue.com) receives about 8.2M visits a month and ranks #7,404 among all websites worldwide, #475 in Financial Planning and Management.
- Monthly visits8.2M
▲ 6.8% vs previous month
- Unique visitors3.9M
per month
- Global rank#7,404
among all websites
- Category rank#475
Finance · Financial Planning and Management
- Bounce rate28%
- Pages per visit3.3
- Average visit3 min 20 sec
- DevicesDesktop 41% · Mobile 59%
Websites whose visitors overlap most with CCAvenue. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| 2checkout.com | 100% | 693.6K | #68,351 | View details | |
| payu.in | 96% | #1,913 | View details | ||
| billdesk.com | 93% | 21.1M | #1,962 | View details | |
| intellipay.com | 90% | 7.3K | #2,937,461 | View details | |
| authorize.net | 86% | 2.8M | #17,289 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for CCAvenue
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- 40 similar websites
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as CCAvenue (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Ccavenue
Complete news archive for CCAvenue
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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 2016.
CCAvenue has 738 employees.
The primary company behind CCAvenue, Avenuesai Limited, reported revenue of ₹8,205 Cr for FY 2026, up 103% year on year.
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.
CCAvenue is associated with 4 legal entities: Avenuesai Limited, Avenues (India) Private Limited, Robertson Shizuoka Healthier Products Private Limited and others.
The legal entities of CCAvenue currently have 17 directors, including Malav Mehta Ajitbhai, Variniben Vishwaskumar Patel, Vishwas Ambalal Patel and others.