Infibeam
Infibeam Avenues Limited is an Indian payment infrastructure and software as a service (SaaS) fintech company that provides digital payment services, eCommerce platforms, digital lending, data cloud storage and omnichannel enterprise software to businesses across industries in India and globally. Through its flagship brand, CCAvenue, the business is present in the payment infrastructure market, processing more than  billion in online payments. Infibeam Avenues claims to have more than 6.4 million merchants on its platform. It also operates in overseas markets like the United States, Saudi Arabia, the UAE, and Australia. It is headquartered in GIFT City, Gujarat, India with offices in Delhi, Mumbai and Bengaluru. History 
Ex-Amazon executive Vishal Mehta, a Cornell University and MIT graduate, decided to return to India in 2007 and founded Infibeam. The company was started with an initial capital of 10-15 crore. Infibeam Avenues was listed on the BSE and the NSE in 2016. Infibeam provides its marketplace software platform, BAB, to two of India's four largest eCommerce organisations – GeM and JioMart. On 7 September 2022, Infibeam Avenues launched its omni-channel mobile app CCAvenue TapPay that allows businesses and entrepreneurs to convert any NFC-enabled Android phone into smart PoS terminals. Services

Payment Processing 
Infibeam’s flagship brand CCAvenue provides digital payment gateway service. CCAvenue Payment Gateway provides multiple payment options and is available in 18 different languages and collects payments in 27 major foreign currencies. CCAvenue also provides a secure link between websites, institutions, and banks in the transaction. CCAvenue’s 'TokenPay' help merchants to comply with the Reserve Bank of India's data security norms by securing multi-network tokenisation, which works across major card networks, including MasterCard, RuPay, and Visa. The Reserve Bank of India had granted Infibeam Avenues "in-principle" authorisation to operate as a Payment Aggregator (PA) under the brand CCAvenue, to allow a wide range of online and offline transactions. Payment aggregators allow e-commerce platforms and merchants to accept a variety of payment methods from customers, simplifying the payment process and removing the need for merchants to design their own payment integration system. The Reserve Bank of India has granted Infibeam Avenues Limited, India's first publicly traded fintech startup, a permanent licence for its bill payments platform, BillAvenue. BillAvenue can use this licence to operate as a Bharat Bill Payment Operating Unit (BBPOU) under the Bharat Bill Payment System (BBPS). BillAvenue functions as both a biller and a customer operating unit as a BBPOU, easing the onboarding of Billers and Agent Institutions to service clients. Merchants Financing/Lending 
Infibeam Avenue Ltd has lending aggregating platform -Trust Avenue. The company did AI-based lending for 3 million merchants through tie-ups with banks and NBFCs. Enterprise ecommerce software platform 
Infibeam Avenues' enterprise ecommerce software platform BuildaBazaar hosts India's largest online marketplace for government procurement. The company also entered into a definitive agreement with Jio Platforms to offer its enterprise software licence and enterprise digital payments platform to Jio Platforms and its associates for their internal businesses. On November 20, 2017, Infibeam Avenues launched BillAvenue, an inter-operable digital bill payments platform built over the Bharat Bill Payment System (BBPS) infrastructure to enable service providers to accept bill payments from customers nationwide, through both online and offline channels. Data Centre infrastructure services
The company forayed into the segment of infrastructure or data centre-as-a-service, and built a state-of-the-art Tier-III data centre in GIFT City, Gandhinagar. It received Tier-III design certification from Uptime Institute as it is equipped with fully redundant and dual-powered servers, storage, network links and other IT components. Infibeam Avenues has partnered with IBM India to develop implement and promote blockchain capabilities on the LinuxOne platform, the first of its kind in India. Artificial Intelligence
Infibeam Avenues announced its entry into the AI-enabled fraud detection industry on August 8, 2023, with the goal of developing Artificial Intelligence (AI) solutions for authentication, fraud detection, and risk identification in both domestic and worldwide markets. In the beginning, the company will focus on the digital payments and financial industries, employing AI and machine learning algorithms to detect online transaction fraud in real time. Infibeam Avenues also intends to build India's first AI HUB at Gujarat International Finance Tec-City (GIFT City). Mergers & Acquisitions

Partnership

Awards and recognition 
ET BFSI Excellence Awards 2022

References 

Companies based in Ahmedabad
Indian companies established in 2007
Online financial services companies of India
Retail companies established in 2007
Technology companies established in 2007
Companies listed on the National Stock Exchange of India
Companies listed on the Bombay Stock Exchange