Innoviti Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Private

  • Employees
  • 650

Employees

  • Latest Deal Type
  • Series E

  • Latest Deal Amount
  • $9M

  • Investors
  • 17

Innoviti General Information

Description

Developer of a digital commerce platform designed to facilitate secure payment processing operations. The company's platform offers differentiated products for diverse merchant needs like payment automation, consumer credit distribution and lending, enabling merchants to receive payments across channels, including online and on mobile, in-store and at the time of the delivery of the product.

Contact Information

Website
www.innoviti.com
Formerly Known As
Innoviti Payment Solutions, Innoviti Embedded Solutions
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Tower C, 2nd Floor, Diamond District
  • Old Airport Road, Kodihalli, Domlur
  • Bangalore, Karnataka 560008
  • India
+91 080
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
Marketing Tech, Mobile Commerce, FinTech, Mobile
Corporate Office
  • Tower C, 2nd Floor, Diamond District
  • Old Airport Road, Kodihalli, Domlur
  • Bangalore, Karnataka 560008
  • India
+91 080

Innoviti Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Innoviti Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC (Series E) 10-Jun-2024 $9M Completed Generating Revenue
10. Later Stage VC (Series D) 28-Jun-2022 Completed Generating Revenue
9. Later Stage VC 02-Dec-2021 Completed Generating Revenue
8. Later Stage VC (Series C) 09-Jun-2020 Completed Generating Revenue
7. Debt - General 12-Feb-2020 Completed Generating Revenue
6. Debt - General 15-Mar-2019 Completed Generating Revenue
5. Later Stage VC (Series B) 07-Jul-2017 Completed Generating Revenue
4. Later Stage VC 18-May-2016 Completed Product Development
3. Later Stage VC (Series A) 20-Jul-2015 $4.85M $1.7M Completed Product Development
2. Angel (individual) 21-Mar-2014 $1.62M $1.62M Completed Startup
To view Innoviti’s complete valuation and funding history, request access »

Innoviti Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Ordinary
Preference
Ordinary
Preference
Ordinary
Preference
CCPS
CCCPS
Ordinary 1,520 $0.128320 $1.78 $1.78 1x $1.78 0.01%
Series D 7,454,473 $0.141152 $1.78 $1.78 1x $1.78 26.73%
To view Innoviti’s complete cap table history, request access »

Innoviti Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a digital commerce platform designed to facilitate secure payment processing operations. The company's plat
Financial Software
Bangalore, India
650 As of 2024

Mumbai, India
 

Mumbai, India
 
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Innoviti Competitors (40)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Mosambee Private Equity-Backed Mumbai, India
Airpay Venture Capital-Backed Mumbai, India
Bijlipay Venture Capital-Backed Chennai, India
Benow (Financial Software) Formerly Accelerator/Incubator backed Mumbai, India
Worldpay Private Equity-Backed Cincinnati, OH
You’re viewing 5 of 40 competitors. Get the full list »

Innoviti Patents

  • 13

    Total Documents Applications and Grants

  • Total Patents Families

  • 2

    Granted

  • 4

    Pending

  • Expiring in next 12 mo

Innoviti Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230316256-A1 Method and system for enabling communication between electronic devices using a printer application Pending 11-Aug-2020
US-20230123966-A1 Method and printer driver unit for performing transaction by automatically transmitting data to edc terminal Pending 26-Apr-2020
US-20200259702-A1 Method and system for establishing fault tolerant communication channel between terminal device and target system Inactive 25-Jul-2017
GB-201913856-D0 Method and system for establishing secure communication between terminal device and target system Pending 29-Mar-2017
GB-2574355-A Method and system for establishing secure communication between terminal device and target system Pending 29-Mar-2017 H04L45/00
To view Innoviti’s complete patent history, request access »

Innoviti Executive Team (17)

Name Title Board Seat
Rajeev Agrawal Ph.D Co-Founder, Chief Executive Officer & Board Member
Amrita Malik Co-Founder & President
Adithya G. Chief Financial Officer & Senior Vice President of Finance
Yatish Saxena Chief Operating Officer
Jagannathan Srinivasan Chief Technology Officer
You’re viewing 5 of 17 executive team members. Get the full list »

Innoviti Board Members (10)

Name Representing Role Since
Neeraj Chandra Self Board Member
Rajeev Agrawal Ph.D Innoviti Co-Founder, Chief Executive Officer & Board Member
Suramya Gupta SBI Ven Capital Board Member
Vishal Gupta Bessemer Venture Partners Board Member
You’re viewing 4 of 10 board members. Get the full list »

Innoviti Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Innoviti Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds
Pivot Ventures Venture Capital Minority
Random Walk Solutions Corporation Minority
Alumni Ventures Venture Capital Minority
Bharat Jaisinghni Angel (individual) Minority
CapitalSG Venture Capital Minority
You’re viewing 5 of 17 investors. Get the full list »

Innoviti Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
xGrow 02-Jul-2021 Communication Software
To view Innoviti’s complete acquisitions history, request access »

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Innoviti FAQs

  • When was Innoviti founded?

    Innoviti was founded in 2002.

  • Who is the founder of Innoviti?

    Rajeev Agrawal Ph.D and Amrita Malik are the founders of Innoviti.

  • Who is the CEO of Innoviti?

    Rajeev Agrawal Ph.D is the CEO of Innoviti.

  • Where is Innoviti headquartered?

    Innoviti is headquartered in Bangalore, India.

  • What is the size of Innoviti?

    Innoviti has 650 total employees.

  • What industry is Innoviti in?

    Innoviti’s primary industry is Financial Software.

  • Is Innoviti a private or public company?

    Innoviti is a Private company.

  • What is Innoviti’s current revenue?

    The current revenue for Innoviti is .

  • How much funding has Innoviti raised over time?

    Innoviti has raised $90.6M.

  • Who are Innoviti’s investors?

    Pivot Ventures, Random Walk Solutions, Alumni Ventures, Bharat Jaisinghni, and CapitalSG are 5 of 17 investors who have invested in Innoviti.

  • Who are Innoviti’s competitors?

    Mosambee, Airpay, Bijlipay, Benow (Financial Software), and Worldpay are some of the 40 competitors of Innoviti.

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