Deal Talk: MobiKwik looking to sell payment gateway business; Zetwerk in talks to raise $35 mn

Supriya Roy

TechCircle brings you a round-up of technology investment and M&A deals reported from across newsrooms.  MobiKwik’s ....

22 October, 2019

Infibeam’s payments arm CCAvenue begins operations in Saudi Arabia

Payal Ganguly

CCAvenue, the digital payments arm of internet and ecommerce company Infibeam Avenues, has signed a strategic collaboration with ....

19 September, 2019

Infibeam Q1 consolidated profit up 129%

Shweta Sharma

Digital payments platform Infibeam Avenues reported a consolidated net profit of Rs 28.8 crore for the first quarter ended June ....

9 August, 2019

Infibeam's revenue, net profit rise on robust growth in payments biz

Payal Ganguly

Infibeam Avenues Ltd recorded a 43.3% increase in net profit and a similar rise in revenue growth for the financial year 2018-19. In ....

31 May, 2019

Infibeam board suggests laying off auditor EY for ‘data breach’

Binu Paul

The board of Infibeam Avenues Ltd, which had agreed last year to sell a wholly-owned unit that operates its online marketplace ....

6 May, 2019

Infibeam expands UAE ops, sells 51% stake in subsidiary to UniPropitia

Vijayakumar Pitchiah

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

26 March, 2019

Infibeam Q3 revenue doubles, profit soars

Payal Ganguly

Infibeam Avenues Ltd, the Mumbai-listed operator of payment solutions platform CCAvenue, posted a significant rise in revenue ....

15 February, 2019

Infibeam’s revenue up 83% in Q2

Vijayakumar Pitchiah

Infibeam Avenues Ltd, the listed operator of e-commerce firm Infibeam and parent of payment gateway company CCAvenue, posted a ....

14 November, 2018

Infibeam swings to loss for April-June as MDR rule changes hurt

Payal Ganguly

Infibeam Avenues Ltd reported a net loss for the fiscal first quarter through June despite a rise in revenue, as the e-commerce ....

16 August, 2018

Will scale up e-commerce biz when revenue is assured: Infibeam MD Vishal Mehta

Dearton Thomas Hector

Infibeam Incorporation Ltd has had an eventful couple of months. The operator of India’s only listed e-commerce firm has ....

18 June, 2018

What's firing up Infibeam

Deepti Chaudhary

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

28 February, 2017

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

Dearton Thomas Hector

Jaipur-registered online payment gateway startup Razorpay Software Pvt. Ltd has turned a profit in financial year ending March ....

15 February, 2017

Payment gateway CCAvenue to raise $8.9 mn from Infibeam

Arti Singh

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

22 June, 2016

Infibeam to invest up to $6.7 mn in CCAvenue

Arti Singh

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

30 May, 2016

Customer engagement startup Customer360 raises funding from CCAvenue founder

Anuradha Verma & Anuradha Verma

Mumbai-based cloud-based customer analytics solution provider Customer360 Inc has raised an undisclosed amount of funding from ....

6 May, 2015

CCAvenue launches multi-currency payment gateway, bundles new features


Mumbai-based Avenues India Pvt Ltd, which runs a payment gateway called CCAvenue, has added support for multiple currencies. The ....

27 January, 2014

CCAvenue partners with BuildaBazaar to launch e-com marketplace

Sainul K

Mumbai-based Avenues India Pvt Ltd, which runs payment gateway CCAvenue, has formed a joint venture (JV) with Ahmedabad-based ....

1 August, 2013

PayU does a 'Build A Bazaar' with PayUPaisa; shop while you network with CCAvenue's SNIP

Sonam Gulati

Online payment company PayU India  has launched PayUPaisa, a web-based product that will enable small and medium sellers to put ....

18 April, 2013

CCAvenue revives economy plan for small ventures, waives set-up fee

Sonam Gulati

Online payment gateway CCAvenue  has revived its economy plan and removed the set-up cost in a bid to cater to small ventures. ....

13 February, 2013