About the Company
Innoviti was founded with a vision to revolutionize digital payments and financial technology for businesses. Headquartered in Bangalore, India, the company has established itself as a leader in intelligent payment solutions, catering to merchants, banks, and financial institutions. Innoviti offers advanced digital payment processing, AI-driven analytics, and financial technology services to enhance business efficiency and customer experiences.
Business Model
Innoviti operates through the following key business segments:
a) Payment Solutions
Description: Provides secure and intelligent digital payment processing for businesses.
Key Clients and Markets: Serves retail, banking, and financial sectors with smart payment solutions.
b) AI & Analytics Technology
Description: Offers AI-driven insights for businesses to optimize their sales and customer engagement strategies.
Competitive Advantage: Enhances decision-making through real-time data analytics and automation.
c) Revenue Streams
Innoviti generates revenue through:
- Transaction Fees: Charging businesses per transaction for digital payment services.
- Subscription-based AI Solutions: Providing businesses with AI-powered analytics and insights.
- Enterprise Partnerships: Custom financial technology solutions for large enterprises and financial institutions.
What Problem is the Startup Addressing?
Innoviti aims to solve inefficiencies in digital payments, transaction processing, and business analytics. The current market faces challenges such as high transaction costs, fraud risks, and lack of actionable insights. Innoviti addresses these issues through:
- Secure Payment Solutions: Providing fraud-resistant and efficient digital transaction processing.
- AI-Powered Insights: Helping businesses optimize sales and customer engagement strategies.
- Seamless Integration: Enabling businesses to integrate financial technology seamlessly into their operations.
By doing so, Innoviti is driving financial inclusion, reducing costs, and improving digital payment experiences across industries.
Key Financial Numbers
Revenue (Latest): Not Disclosed
Profitability: Not Disclosed
Growth Rate: Steady growth in the fintech sector
Funding: Raised multiple rounds from investors such as Bessemer Venture Partners, SBI Ven Capital, and Catamaran Ventures.
Market Valuation: Not Disclosed
About the Founders
Rajeev Agrawal – Founder & CEO
Education: IIT Kanpur Graduate
Professional Background: Extensive experience in financial technology and digital payments.
Role in Company: Leads overall strategy, innovation, and business development.
Other Key Members:
- Shankar Narayan – CFO: Responsible for financial strategy and investor relations.
- Sanjoy Bose – COO: Manages operational execution and client engagement.
