About Innoviti
Innoviti is a company based in Bengaluru (India) founded in 2002 by Amrita Malik and Rajeev Agrawal. Innoviti has raised $152.41 million across 25 funding rounds from investors including Tata Capital, Titan Company and Bessemer Venture Partners. The company has 274 employees as of April 08, 2024. Innoviti has completed 1 acquisition, including xGrow. Innoviti offers products and services including innoviti unipay, innoviti genie, and innoviti link. Innoviti operates in a competitive market with competitors including Ezetap, Presto, Mswipe, Payswiff and ITAB, among others.
- Headquarter Bengaluru, India
- Employees 274 as on 08 Apr, 2024
- Founders Amrita Malik, Rajeev Agrawal
- Stage Minicorn
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Sectors
RetailFinancial 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 Innoviti Technologies Private Limited
- Date of Incorporation 19 Dec, 2002
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$13.9 M (USD)52.42as on Mar 31, 2023
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Net Profit
-$10.41 M (USD)-17.93as on Mar 31, 2023
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EBITDA
-$7.19 M (USD)-16.89as on Mar 31, 2023
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Total Equity Funding
$152.41 M (USD)
in 25 rounds
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Latest Funding Round
$11.4 M (USD), Unspecified
Feb 28, 2026
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Investors
Tata Capital
& 91 more
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Employee Count
274
as on Apr 08, 2024
- Investments & Acquisitions
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Products & Services of Innoviti
Innoviti offers a comprehensive portfolio of products and services, including innoviti unipay, innoviti genie, and innoviti link.
Enables online payment acceptance for cards, UPI, and EMI with reconciliation.
Facilitates cashbacks and EMI promotions to boost business sales.
Allows creation of payment links for instant settlements.
People of Innoviti
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Funding Insights of Innoviti
Innoviti has successfully raised a total of $152.41M across 25 strategic funding rounds. The most recent funding activity was a Unspecified round of $11.4 million completed in February 2026. 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.
Investors in Innoviti
Innoviti has secured backing from 92 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Tata Capital, Titan Company and Bessemer Venture Partners.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Venture capital investing and portfolio management services for accredited investors.
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Diversified investment management firm
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Investor details for Innoviti
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Investments & Acquisitions by Innoviti
Innoviti has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include xGrow.
Investment portfolio details for Innoviti
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- Portfolio identities
- Transaction dates
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Digital marketing and consulting services are provided in India.
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Complete acquisition details for Innoviti
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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Financial Statements - Innoviti
Detailed financials for Innoviti
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Innoviti Comparisons
Peer comparison for Innoviti
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Competitors of Innoviti
Innoviti 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 Ezetap, Presto, Mswipe, Payswiff and ITAB, among others.
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Cloud-based mPOS software and hardware solutions are provided for businesses.
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Drive-through automation solutions for restaurants are provided using AI.
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Point-of-sale machines, soundboxes, and merchant payment solutions are offered.
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Provider of POS and MPOS solutions for businesses to accept card payments
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Self-checkout solutions are provided for retail businesses worldwide.
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Cloud-connected POS solutions are offered for small retailers.
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Detailed competitors of Innoviti
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Latest news on Innoviti
Complete news archive for Innoviti
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Frequently Asked Questions about Innoviti
Innoviti was founded in 2002 and raised its 1st funding round 4 years after it was founded.
Innoviti is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Rajeev Agrawal is the current CEO of Innoviti. They have also founded this company.
Innoviti is a funded company, having raised a total of $152.41M across 25 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Innoviti is 274.
Annual revenue of Innoviti is $13.9M as on Mar 31, 2023.
Provider of integrated online and offline payment solutions. It offers payment gateways accepting various methods including credit, debit cards, EMI, and UPI. The company provides point-of-sale machines and payment links, facilitating instant settlements. Additional services include tools for payment reconciliation, multi-acquiring, price matching, sales promotions, and performance tracking. These solutions aim to streamline payment processes and enhance sales for businesses. The platform integrates online and offline payment data to provide insights into consumer behavior, enabling customized customer journeys. Advanced sales promotion tools, such as EMI, cashback, and coupon options, are also offered to boost sales and margins.
Innoviti offers innoviti unipay, innoviti genie, and innoviti link.
Innoviti has made 1 acquisition, including xGrow.
Innoviti has 92 investors. Key investors include Tata Capital, Titan Company, Bessemer Venture Partners, FMO, and Patni Financial Advisors.
The valuation of Innoviti is $218.46M as of Mar 2024.