About Us

Innoviti Payment Solutions Pvt. Ltd. (formerly Innoviti Embedded Solutions Pvt. Ltd.) has been a pioneer in the use of technology to solve real-world payment acceptance problems of merchants. Using its indigenous payments platform Innoviti has delivered differentiated solutions for payments automation, consumer credit distribution and SME lending that have become a benchmark in their markets.

Currently, Innoviti processes over Rs. 30,000 Cr. Of payment transactions annually including Rs. 1,500 Cr. of credit. It is India’s only payments company that can process transactions through any channel – be it web, mobile, in-store or at the time of delivery. The company has won Deloitte Asia Pacific award three years in a row and Red Herring Asia award twice.

Innoviti is backed by marquee investors such as Singapore-based SBI FMO Emerging Asia Financial Sector Fund (the ‘SBI-FMO Fund’ jointly setup by SBI Holdings Group of Japan and FMO of Netherlands), Bessemer Venture Partners and Catamaran Ventures.

Our People

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Rajeev Agrawal

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Subbu Subramaniam

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Suramya Gupta

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Vishal Gupta

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L R Narayanan

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Naveen Kabra

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Neeraj Chandra

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Rajeev Agrawal

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Amrita Malik

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Sumit Sirsikar

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Sunil Mishra

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Shivendra Singh

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Gaurav Mehrotra

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Kamal Pahuja

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Sendil Murugan

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Ajay Pasricha

+ Board Of Directors
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Rajeev Agrawal

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Subbu Subramaniam

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Suramya Gupta

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Vishal Gupta

+ Advisory Board
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L R Narayanan

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Naveen Kabra

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Neeraj Chandra

+ The Team
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Rajeev Agrawal

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Amrita Malik

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Sumit Sirsikar

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Sunil Mishra

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Shivendra Singh

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Gaurav Mehrotra

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Kamal Pahuja

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Sendil Murugan

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Ajay Pasricha

+ Our Awards
+ Our Certifications
+ Our Patents

June 26, 2019 Innoviti says new ML-based tech is helping improve user
experience of Google Pay payments

Published in YOURSTORY
June 26, 2019 ML based technology improves user experience on POS machines
Published in BW CIO
June 13, 2019 PoS players raise their game as biggies enter cards space
Published in Economic Times
May 29, 2019 Decision making made simpler with data analytics
Published in Moneycontrol
May 24, 2019 How fintechs leverage data analytics for collaboration and business benefits
Published in Moneycontrol
May 24, 2019 Data analytics drive a shift in customer experience for banks & fintechs
Published in Moneycontrol
March 15, 2019 Innoviti raises ₹80 crore from Trifecta, NBFCs in debt funding
Published in LiveMint
March 15, 2019 Innoviti raises Rs 80 cr in debt financing from Trifecta Capital, NBFCs
Published in Economic Times
January 14, 2019 Innoviti has same day fund transfer
Published in Economic Times
July 13, 2018 Innoviti set to shake up SL payments space
Published in Daily FT
June 06, 2018 Innoviti Payments has Rs 20 crore to cash in on new PoS tech
Published in Economic Times
June 27, 2018 Click moment | All vision is strictly post facto, says Rajeev Agrawal
Published in LiveMint
April 9, 2018 CXO Secret Sauce Series I Rajeev Agarwal
Published in YOURSTORY
January 9, 2018 Innoviti appoints former Unilever executive, Neeraj Chandra, to advisory board
Published in Economic Times
December 22, 2017 Reliance Jio’s Praveen Boda joins Innoviti as Vice President
Published in Economic Times
December 18, 2017 Swiggy customers can now pay through Sodexo meal cards
Published in ETRetail.com
December 8, 2017 RBI should ensure fair MDR share: ePayment companies
Published in ETRetail.com
November 13, 2017 How declarative style of programming helps Innoviti process payment
transactions in 2 second

Published in ETCIO.com
October 18, 2017 Rajesh Prasad appointed Innoviti’s Chief Business Officer
Published in Business Standard
October 18, 2017 Ex-RuPay head Rajesh Prasad joins Innoviti as chief business officer for APAC operations
Published in Livemint
September 19, 2017 How Innoviti Is Capturing The Digital Payments Beast With $3 Bn Yearly Transactions
In 700 Cities

Published in Inc42
July 31, 2017 Innoviti tries to do a Google Maps in Digital Payments
Published in Business Standard
July 28, 2017 India’s digital payments space presents a huge opportunity: Suramya Gupta
Published in Livemint
July 20, 2017 Digital Payments Startup Innoviti Raises $18 Mn From SBI-FMO Fund, Others
Published in Inc42
July 12, 2017 Innoviti Payment Solutions raises Rs120 crore from SBI-FMO, others
Published in Livemint
July 12, 2017 Payments must be like Google Maps, look for best routes in
existing infrastructure: Innoviti

Published in Moneycontrol
July 11, 2017 Fintech firm Innoviti raises ₹120 crore
Published in The Hindu
June 28, 2017 Sodexo adds Innoviti tie-up for digital switch
Published in Economic Times
June 11, 2017 Innoviti launches double debit tech
Published in Deccan Herald
April 3, 2017 India’s digital finance experiment gains traction as large players embrace UPI
Published in Forbes India
March 31, 2017 After BHIM app comes India’s first UPI payments facility in retail store – Meet the creator
Published in Your Story
March 31, 2017 You can pay via UPI by scanning QR codes
Published in Times Of India
March 30, 2017 UPI Comes To Point-Of-Sale Machines As NPCI Seeks To Increase Merchant Users
Published in Bloomberg
December 16, 2016 Demonetisation: Credit card volumes up, but transactions drop
Published in Economic Times
December 14, 2016 Discretionary spending down, jewellery sales climb
Published in Business Standard
December 14, 2016 Digital payment fast gaining currency in towns
Published in Economic Times
December 19, 2016 Credit card volumes up, but value of transactions drops
Published in Times Of India
September 11, 2016 Payment Gateways like Citrus Pay, Innoviti buy into MSME segment
Published in Know Startup
August 10, 2015 Narayana Murthy’s Catamaran invests in payment firm Innoviti Payment Solutions
Published in Economic Startup
August 10, 2015 Narayana Murthy’s Catamaran co-leads Rs 30 cr funding round in Innoviti
Published in Business Standard
Innoviti’s accelerating growth hits 3,000cr monthly processing volume
Innoviti sues Pine Labs for infringement on its patent for technology enabling secure QR transactions at POS terminals; gets ex-parte injunction
Innoviti uses ML-based Path Predictor technology to dramatically improve user experience of Google Pay payments on POS terminals at physical stores.
Innoviti bags ‘Innovation Wizards’ award at REACH – Mastercard® Acceptance Summit 2019, Mumbai
Innoviti Ties-Up Rs. 80 Cr. through innovative debt instruments to expand its rapidly growing business.
Innoviti accelerates POS adoption in small towns with India’s first ‘Same Day, Every Day’ fund transfer feature
Ezetap’s Sanjeeb Kalita Joins Innoviti as Chief Revenue Officer
Innoviti’s EMI Next Expands Consumer Loans at POS Terminals to Healthcare, Travel Categories
Ex-Britannia COO, Neeraj Chandra joins Innoviti’s Advisory Board
Reliance Jio’s Praveen Boda Joins Innoviti as Vice President – Finance & Legal
Innoviti Ropes in Ex-RuPay Head, Rajesh Prasad to Spearhead its International Business Strategy
Innoviti Raises Rs. 120 Crores (~US$ 18 Million) to Grow its Payments and Lending Businesses
Sodexo and Innoviti partner to enable Meal Card acceptance in F&B Outlets
NPCI and Reliance launch India’s first in-store UPI Payments facility
Yashoda Hospitals to transact on Innoviti’s uniPAY NEXT Platform
Innoviti to enable Card Payments Acceptance at Columbia Asia Hospitals
Innoviti ties up with Metro Shoes to enable Card Payments Acceptance at all exclusive Crocs Brand Outlets
Innoviti to enable Payments Acceptance at PUMA
In a first for movie-goers, INOX & Innoviti partner to launch Contactless Card Payments at INOX Multiplexes
Reliance Jio’s Hari Charan Rao appointed as Vice President of Software Engineering at Innoviti Payment Solutions Pvt. Ltd.
Innoviti and Orpak to Drive India’s Largest Payment Automation Project at BPCL
+ Media Coverage
June 26, 2019 Innoviti says new ML-based tech is helping improve user
experience of Google Pay payments

Published in YOURSTORY
June 26, 2019 ML based technology improves user experience on POS machines
Published in BW CIO
June 13, 2019 PoS players raise their game as biggies enter cards space
Published in Economic Times
May 29, 2019 Decision making made simpler with data analytics
Published in Moneycontrol
May 24, 2019 How fintechs leverage data analytics for collaboration and business benefits
Published in Moneycontrol
May 24, 2019 Data analytics drive a shift in customer experience for banks & fintechs
Published in Moneycontrol
March 15, 2019 Innoviti raises ₹80 crore from Trifecta, NBFCs in debt funding
Published in LiveMint
March 15, 2019 Innoviti raises Rs 80 cr in debt financing from Trifecta Capital, NBFCs
Published in Economic Times
January 14, 2019 Innoviti has same day fund transfer
Published in Economic Times
July 13, 2018 Innoviti set to shake up SL payments space
Published in Daily FT
June 06, 2018 Innoviti Payments has Rs 20 crore to cash in on new PoS tech
Published in Economic Times
June 27, 2018 Click moment | All vision is strictly post facto, says Rajeev Agrawal
Published in LiveMint
April 9, 2018 CXO Secret Sauce Series I Rajeev Agarwal
Published in YOURSTORY
January 9, 2018 Innoviti appoints former Unilever executive, Neeraj Chandra, to advisory board
Published in Economic Times
December 22, 2017 Reliance Jio’s Praveen Boda joins Innoviti as Vice President
Published in Economic Times
December 18, 2017 Swiggy customers can now pay through Sodexo meal cards
Published in ETRetail.com
December 8, 2017 RBI should ensure fair MDR share: ePayment companies
Published in ETRetail.com
November 13, 2017 How declarative style of programming helps Innoviti process payment
transactions in 2 second

Published in ETCIO.com
October 18, 2017 Rajesh Prasad appointed Innoviti’s Chief Business Officer
Published in Business Standard
October 18, 2017 Ex-RuPay head Rajesh Prasad joins Innoviti as chief business officer for APAC operations
Published in Livemint
September 19, 2017 How Innoviti Is Capturing The Digital Payments Beast With $3 Bn Yearly Transactions
In 700 Cities

Published in Inc42
July 31, 2017 Innoviti tries to do a Google Maps in Digital Payments
Published in Business Standard
July 28, 2017 India’s digital payments space presents a huge opportunity: Suramya Gupta
Published in Livemint
July 20, 2017 Digital Payments Startup Innoviti Raises $18 Mn From SBI-FMO Fund, Others
Published in Inc42
July 12, 2017 Innoviti Payment Solutions raises Rs120 crore from SBI-FMO, others
Published in Livemint
July 12, 2017 Payments must be like Google Maps, look for best routes in
existing infrastructure: Innoviti

Published in Moneycontrol
July 11, 2017 Fintech firm Innoviti raises ₹120 crore
Published in The Hindu
June 28, 2017 Sodexo adds Innoviti tie-up for digital switch
Published in Economic Times
June 11, 2017 Innoviti launches double debit tech
Published in Deccan Herald
April 3, 2017 India’s digital finance experiment gains traction as large players embrace UPI
Published in Forbes India
March 31, 2017 After BHIM app comes India’s first UPI payments facility in retail store – Meet the creator
Published in Your Story
March 31, 2017 You can pay via UPI by scanning QR codes
Published in Times Of India
March 30, 2017 UPI Comes To Point-Of-Sale Machines As NPCI Seeks To Increase Merchant Users
Published in Bloomberg
December 16, 2016 Demonetisation: Credit card volumes up, but transactions drop
Published in Economic Times
December 14, 2016 Discretionary spending down, jewellery sales climb
Published in Business Standard
December 14, 2016 Digital payment fast gaining currency in towns
Published in Economic Times
December 19, 2016 Credit card volumes up, but value of transactions drops
Published in Times Of India
September 11, 2016 Payment Gateways like Citrus Pay, Innoviti buy into MSME segment
Published in Know Startup
August 10, 2015 Narayana Murthy’s Catamaran invests in payment firm Innoviti Payment Solutions
Published in Economic Startup
August 10, 2015 Narayana Murthy’s Catamaran co-leads Rs 30 cr funding round in Innoviti
Published in Business Standard
+ Press Releases
Innoviti’s accelerating growth hits 3,000cr monthly processing volume
Innoviti sues Pine Labs for infringement on its patent for technology enabling secure QR transactions at POS terminals; gets ex-parte injunction
Innoviti uses ML-based Path Predictor technology to dramatically improve user experience of Google Pay payments on POS terminals at physical stores.
Innoviti bags ‘Innovation Wizards’ award at REACH – Mastercard® Acceptance Summit 2019, Mumbai
Innoviti Ties-Up Rs. 80 Cr. through innovative debt instruments to expand its rapidly growing business.
Innoviti accelerates POS adoption in small towns with India’s first ‘Same Day, Every Day’ fund transfer feature
Ezetap’s Sanjeeb Kalita Joins Innoviti as Chief Revenue Officer
Innoviti’s EMI Next Expands Consumer Loans at POS Terminals to Healthcare, Travel Categories
Ex-Britannia COO, Neeraj Chandra joins Innoviti’s Advisory Board
Reliance Jio’s Praveen Boda Joins Innoviti as Vice President – Finance & Legal
Innoviti Ropes in Ex-RuPay Head, Rajesh Prasad to Spearhead its International Business Strategy
Innoviti Raises Rs. 120 Crores (~US$ 18 Million) to Grow its Payments and Lending Businesses
Sodexo and Innoviti partner to enable Meal Card acceptance in F&B Outlets
NPCI and Reliance launch India’s first in-store UPI Payments facility
Yashoda Hospitals to transact on Innoviti’s uniPAY NEXT Platform
Innoviti to enable Card Payments Acceptance at Columbia Asia Hospitals
Innoviti ties up with Metro Shoes to enable Card Payments Acceptance at all exclusive Crocs Brand Outlets
Innoviti to enable Payments Acceptance at PUMA
In a first for movie-goers, INOX & Innoviti partner to launch Contactless Card Payments at INOX Multiplexes
Reliance Jio’s Hari Charan Rao appointed as Vice President of Software Engineering at Innoviti Payment Solutions Pvt. Ltd.
Innoviti and Orpak to Drive India’s Largest Payment Automation Project at BPCL
+ Newsletter Archive

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