About Innoviti Technologies Private Limited
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Innoviti Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 19 December 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2002PTC031375. Its GSTIN is 29AABCI0504M1ZN (Karnataka). The company holds 17 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹52.1 Cr and a paid-up capital of ₹38.07 Cr. It was formerly known as Innoviti Embedded Solutions Private Limited. It is led by directors including Rajeev Agrawal (Managing Director) and Vishal Vijay Gupta.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tower C 2nd Floor Diamond District Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008.
As per the financials filed for FY 2026, the company reported a revenue of ₹122.2 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹26.66 Cr (net margin -21.8%) and EBITDA of -₹14.2 Cr (EBITDA margin -11.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 21% over five years.
The company has about 274 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Innoviti. As per MCA filings, the company has open charges of ₹18.8 Cr and satisfied charges of ₹145.83 Cr on record. Court records list 12 cases involving the company, including 8 filed by the company and 2 filed against it; 7 cases are pending. The company has 50 deals on record (28 funding rounds, 20 secondary share transfers, 1 debt financing), with disclosed funding of ₹596.38 Cr; the latest was in November 2025. Its 10 peer companies in the BFSI industry (Payment Gateways) are compared by revenue, 5 larger and 5 smaller; the largest is Pay10 Services Private Limited with revenue of ₹268.57 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website innoviti.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTower C 2nd Floor Diamond District Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryFinancial Services, Online Payment Gateways
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Innoviti Technologies Private Limited
The main business activity of Innoviti Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Innoviti Technologies Private Limited FY 2025 filings available
Innoviti Technologies Private Limited reported revenue of ₹122.2 Cr (down 15% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Innoviti Technologies Private Limited
Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA rose 44% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Innoviti Technologies Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹14.2 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹26.66 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innoviti Technologies Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -21.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innoviti Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Innoviti Technologies Private Limited
Innoviti Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Payment Gateways). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pay10 Services Private Limited | ₹268.57 Cr (FY 2025) | •••• | •••• | 203.0% | •••• | New Delhi, Delhi, India |
| Airpay Payment Services Private Limited | ₹213.13 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Mumbai, Maharashtra, India |
| Stripe India Private Limited | ₹205.08 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Urpay Solutions Private Limited | ₹160.72 Cr (FY 2022) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Adyen India Technology Services Private Limited | ₹147.51 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Singlepe Private Limited | ₹128.21 Cr (FY 2025) | •••• | •••• | 5212.0% | •••• | Bhopal, Madhya Pradesh, India |
| Innoviti Technologies Private Limited this company | ₹122.2 Cr (FY 2026) | •••• | •••• | -15.0% | •••• | Bangalore, Karnataka, India |
| Wu Technology Engineering Services Private Limited | ₹78.01 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Pune, Maharashtra, India |
| Jio Payment Solutions Limited | ₹72.91 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Paymark Payment Technologies & Services Private Limited | ₹65.6 Cr (FY 2022) | •••• | •••• | 432.0% | •••• | Kolkata, West Bengal, India |
| Tagit (India) Private Limited | ₹65.06 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Innoviti Technologies by revenue in the BFSI industry (Payment Gateways), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innoviti Technologies Private Limited
Innoviti Technologies Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Innoviti Technologies Private Limited
Innoviti Technologies Private Limited currently reports 4 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Vijay Gupta Also directs: Reed India Consulting LLP, Nephrocare Health Services Limited, Hungama Digital Media Entertainment Private Limited and 5 more | Director | 14 Jul 2017 | 9 Years 3 Months | Current |
| Neeraj Chandra | Director | 14 Jul 2020 | 6 Years 3 Months | Current |
| Suramya Gupta | Nominee Director | 27 Jan 2021 | 5 Years 8 Months | Current |
| Rajeev Agrawal Also directs: Algonomic Technologies India (OPC) Private Limited | Managing Director | 19 Dec 2002 | 23 Years 9 Months | Current |
| Aejaz Ahmed | Company Secretary | 30 Sep 2025 | 1 Years 0 Months | Current |
Ownership and Shareholding of Innoviti Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innoviti Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2025 | Axis Bank Limited | ₹15 Cr | Open |
| 28 Mar 2024 | Others | ₹1.8 Cr | Open |
| 25 Apr 2023 | Others | ₹2 Cr | Open |
| 17 Dec 2022 | Others | ₹15 Cr | Satisfied |
| 22 Nov 2022 | Others | ₹1.5 Cr | Satisfied |
Total charge records: 21 View all charges
Deals & Funding of Innoviti Technologies Private Limited
Innoviti Technologies Private Limited has 50 deals on record (28 funding rounds, 20 secondary share transfers, 1 debt financing), with disclosed funding of ₹596.38 Cr; the latest was in November 2025.
Deals on record (5 of 50)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Funding round · Series M | ₹8 Cr | Investors: Aurora Borealis Consultancy Private Limited , 3 individuals |
| Mar 2024 | Funding round · Series M | ₹98.77 Cr | Investors: Priorize Etech Solutions LLP, Bessemer Venture Partners, Random Walk Solutions LLC, an individual |
| Dec 2013 | Funding round · Series B | ₹7.05 Cr | Investors: Aurora Borealis Consultancy Private Limited , Namal Technologies Private Limited , Calderstone LLC |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Aurora Borealis Consultancy Private Limited , 3 individuals Seller: Softjin Infotech Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Titan Company Limited , Calderstone LLC, 2 individuals Seller: Samrat Holdings Limited, Titan Holdings Limited , an individual |
Full deal history
All 50 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Innoviti Technologies Private Limited
Innoviti Technologies Private Limited has 12 court cases on record: 8 filed by Innoviti Technologies, 2 filed against it, 2 where it is another party. 7 cases are pending and 5 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 1 | 5 |
| District courts | 4 | 1 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Court case (CMA(PT)) | Filed by the company against National Payments Corporation of India | Pending |
| Madras High Court | Court case (CMA(PT)) | Filed by the company against Pine Labs Limited. | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against National Payments Corporation of India | Disposed |
| Madras High Court | Court case (OP(PT)) | Filed against the company by an individual | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Innoviti Technologies Private Limited
Innoviti Technologies operates one associated brand: Innoviti. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Integrated online and offline payment solutions are provided for businesses. | innoviti.com |
Employees and EPFO Compliance at Innoviti Technologies Private Limited
Innoviti Technologies Private Limited has a workforce of 274 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Innoviti Technologies Private Limited
Innoviti Technologies Private Limited has 21 board changes on record since 2002: 13 appointments and 8 cessations. The latest: Aejaz Ahmed was appointed as Company Secretary on 30 Sep 2025.
53 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innoviti Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innoviti Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innoviti Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Innoviti Technologies Private Limited
Innoviti Technologies has 17 GST registrations: 13 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI0504M1ZN | Karnataka | Active | 01 Jul 2017 |
| 27AABCI0504M2ZQ | Maharashtra | Active | 21 Nov 2017 |
| 06AABCI0504M2ZU | Haryana | Active | 14 Jul 2020 |
| 21AABCI0504M1Z3 | Odisha | Active | 15 Jul 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innoviti Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Innoviti Technologies Private Limited
Frequently Asked Questions about Innoviti Technologies Private Limited
Innoviti Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 19 December 2002 (24+ years old) and is registered under CIN U72100KA2002PTC031375.
Innoviti Technologies reported revenue of ₹122.2 Cr for FY 2026 (down 15% YoY).
Innoviti Technologies has 5 current directors and KMP:
- Rajeev Agrawal - Managing Director
- Vishal Vijay Gupta - Director
- Neeraj Chandra - Director
- Suramya Gupta - Nominee Director
- Aejaz Ahmed - Company Secretary
Innoviti Technologies reported a net loss of ₹26.66 Cr (net margin -21.8%) and EBITDA of -₹14.2 Cr (EBITDA margin -11.6%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innoviti Technologies is 2% over three years and 21% over five years. In the latest year (FY 2026) revenue fell 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Innoviti Technologies is 29AABCI0504M1ZN, registered in Karnataka. The company has 17 GST registrations in all, of which 13 are active and 4 are cancelled or inactive. Other active GSTINs include 27AABCI0504M2ZQ (Maharashtra), 06AABCI0504M2ZU (Haryana), 21AABCI0504M1Z3 (Odisha).
The CIN (Corporate Identification Number) of Innoviti Technologies is U72100KA2002PTC031375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innoviti Technologies has 12 court cases on record: 8 filed by the company and 2 filed against it. 7 are pending. Most are in the high courts.
Innoviti Technologies was incorporated on 19 December 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Innoviti Technologies has 50 deals on record (28 funding rounds, 20 secondary share transfers, 1 debt financing), with disclosed funding of ₹596.38 Cr; the latest was in November 2025.
The peers of Innoviti Technologies by revenue are Pay10 Services Private Limited, Airpay Payment Services Private Limited, Stripe India Private Limited, Urpay Solutions Private Limited, Adyen India Technology Services Private Limited and 5 more, all in the BFSI industry (Payment Gateways).