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CCAvenue

Infibeam acquires payment service provider Cardpay

TMT

05 June, 2020

Infibeam acquires payment service provider Cardpay

Infibeam Avenues Ltd, the parent of payment gateway company CCAvenue, has acquired Bengaluru-based Cardpay Technologies Pvt. Ltd, a corporate credit ......

UAE-based UniPropitia picks up 51% stake in Infibeam's subsidiary

TMT

26 March, 2019

UAE-based UniPropitia picks up 51% stake in Infibeam's subsidiary

Infibeam Avenues Ltd has struck a partnership with Dubai-based UniPropitia Group to expand its web services solutions in the Arab ......

Infibeam-CCAvenue merger under scanner; Shapoorji hires banker for solar unit's IPO

General

02 January, 2019

Infibeam-CCAvenue merger under scanner; Shapoorji hires banker for solar unit's IPO

Infibeam Avenues Ltd’s auditor has sought the report of a probe into the company’s merger with Avenues India Pvt Ltd, ......

Online marketplace Infibeam's net profit rises six times in Q4

TMT

31 May, 2017

Online marketplace Infibeam's net profit rises six times in Q4

Infibeam Incorporation Ltd, the parent of online marketplace Infibeam and e-commerce enabler BuildaBazaar, reported a net profit of Rs 13.6 ......

Fin-tech startup Telr raises $3 mn in Series B round

Startups

17 May, 2017

Fin-tech startup Telr raises $3 mn in Series B round

Dubai-based fin-tech startup Telr, which operates in the Middle East, Southeast Asia and India, has raised $3 million (about Rs ......

Razorpay hires Ola Money architect Amit Saini as engineering head

TMT

05 April, 2017

Razorpay hires Ola Money architect Amit Saini as engineering head

Amit Saini, former director of engineering at cab-hailing services company Ola, has joined payment gateway startup Razorpay as vice president, ......

What's firing up Infibeam

TMT

28 February, 2017

What's firing up Infibeam

India's e-commerce story is a familiar one—cash burn, negative unit economics and a pipe dream called profitability, all in the ......

Online payments startup Razorpay turns profitable as sales rise 10-fold

TMT

15 February, 2017

Online payments startup Razorpay turns profitable as sales rise 10-fold

Online payment gateway startup Razorpay Software Pvt. Ltd has turned a profit in financial year ended March 2016, filings with ......

Infibeam to invest $8.9 mn in payment gateway CCAvenue

TMT

22 June, 2016

Infibeam to invest $8.9 mn in payment gateway CCAvenue

E-commerce firm Infibeam Incorporation Ltd has decided to invest Rs 60 crore (around $8.9 million) in Avenues India Pvt Ltd ......

Infibeam to invest up to $6.7 mn in CCAvenue

Technology

30 May, 2016

Infibeam to invest up to $6.7 mn in CCAvenue

E-commerce firm Infibeam Incorporation Ltd said on Monday it will invest up to Rs 45 crore ($6.7 million) in the ......