Infibeam Avenues Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Infibeam Avenues?

Infibeam Avenues is a leading fintech company specializing in digital payments and enterprise software platforms. It is headquartered in Gandhinagar, Gujarat and has additional offices in Mumbai, Delhi, Bengaluru, UAE, KSA, and the USA. Infibeam Avenues provides a diverse suite of services to merchants, enterprises, governments, and banks globally. 

The company's offerings are divided primarily into digital payment solutions and enterprise software platforms. Their key offerings are:

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1- Digital Payment Solutions

• CCAvenue Payment Acquiring: Offers a payment gateway for processing digital transactions with over 200 payment methods including debit and credit cards, net banking, wallets, EMI, and UPI.
• CCAvenue Payment Issuance: Provides corporate prepaid cards, corporate credit cards, lending services, and express settlements.
• Neo Banking: Digital banking solutions for SMEs to manage business finances, including spend management, corporate credit cards, invoice payments, and accounting automation.

2- Enterprise Software Platforms

• BuildaBazaar: A cloud-based eCommerce platform that integrates with digital payment solutions, offering end-to-end SaaS solutions for managing online transactions and marketing.
• Bill Payments Platform: Built on the Bharat BillPay infrastructure, it provides a unified online bill payment service.
• Hospitality Platform: A SaaS-based Central Reservation System (CRS) for the hotel industry that integrates digital payment solutions.

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3- Other Services

• Instant Global Paytech: Offers services like domestic money transfer, AEPS, bill payments, recharges, travel, insurance, and cash collection.
• Avenues Payments: Provides money transfer software for banks and other businesses.
• Digital Enablers: Offers additional services such as data center infrastructure, digital marketing, and domain registry services.

Question 2: Who are the promoters of Infibeam Avenues?

1. Vishal Mehta: Chairman & Managing Director

Vishal Mehta holds degrees in Operations Research and Industrial Engineering from Cornell University and a management degree from MIT Sloan School of Management. He previously worked at Amazon before founding Infibeam in 2007. He is responsible for building the team and for digital solutions and also focusing on global fintech operations through the brand called CCAvenue.

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2. Vishwas Patel: Joint Managing Director

Vishwas Patel has a law background and has been working on expanding Infibeam's payments business internationally. He is the founder of India’s top gateway platform CCAvenue. He leads the payments business and serves as Chairman of the Payments Council of India.

3. Sunil Bhagat: Chief Financial Officer

Sunil Bhagat is a Chartered Accountant with over 22 years of experience in finance roles across various companies.He oversees financial planning, corporate finance, and strategic planning.

4. Vijay Subramanian: CEO of Platform Business

Vijay Subramanian holds degrees from IIT Madras and the University of Illinois. He has over 20 years of experience in technology, including a tenure at Amazon.He leads the platform business, leveraging his extensive tech expertise.

5. Shyamal Trivedi: Sr. Vice President & Company Secretary

Shyamal Trivedi is a qualified Company Secretary with over 20 years of experience at Axis Bank and VIVRO. He manages secretarial and corporate law matters, regulatory compliance, and M&A transactions.

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6. Pankaj Dedhia: Chief Business Officer, India Payments Services Division

Pankaj Dedhia holds an MBA in Marketing and Business Management, with over 11 years at Infibeam Avenues. He leads business development, strategic relationships, and key business deals.

7. Vivek Nayak: Group COO - Payments Services Division

Vivek Nayak has over 30 years of experience in the field considering 20 years at Infibeam Avenues. He oversees international expansion, infrastructure planning, and business intelligence

Question 3: Who are the clients of Infibeam Avenues?

Infibeam Avenues clients include private and major banks such as HDFC, Kotak Mahindra Bank, and JP Morgan, by providing white-label payment solutions. The company also works with large MNCs, FMCG giants, food tech companies, and other big players in different industries, offering them digital payment solutions and automated B2B payment platforms.

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Written by - Vedant Bohat