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Executive Movements

Innoviti onboards Debashree Basu as SVP & Head of Marketing & Communication

Innoviti Technologies (formerly, Innoviti Payment Solutions), a collaborative commerce platform has appointed Debashree Basu as their Head of Marketing & Communications, to lead the company’s latest transformation initiatives, and manage the marketing and corporate communications mandate in India. Basu will take on the role of Senior Vice President, Marketing & Communications at Innoviti India and will be a part […]

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Investment

Innoviti raises Rs 80cr in the ongoing Series D funding round

Innoviti Payment Solutions Pvt. Limited announced it has raised Series D funding, a mix of debt and equity, from Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners. Sanjoy Bhattacharya, the doyen amongst value investors, Bharat Jaisinghani, and a clutch of other individual investors also participated in the same.  Innoviti’s valuation has multiplied 2.5X from […]

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News

Innoviti, Visa partner to develop installments platform for face-to-face transactions

Innoviti announced that it has entered a partnership with Visa, the leader in payments technology to develop a platform that will enable issuers to extend credit to their cardholders at face-to-face point-of-sale (In India). According to the Company’s press statement, the partnership will provide shoppers the ability to choose how they pay during the purchase […]

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Investment

Bengaluru-based Innoviti raises Series C funding from FMO, Bessemer Venture Partners

Innoviti, a company that develops payments processing, credit distribution, and payments management software solutions, announced that it has raised Series C funding led by FMO: Entrepreneurial Development Bank and Bessemer Venture Partners.  Innoviti uses data intelligence to bring together merchants with brand and bank networks, helping them connect, collaborate, and create new and unique offers […]