Innoviti Technologies secures INR 40 Cr in Series E led by Bessemer Venture Partners and Patni Family Office to drive mid-market expansion and fuel online business.

Apr 01, 2024•over 1 year ago

Amount Raised

₹400 Million

Round Type

series e

BengaluruFinancial Services

Investors

Patni Family OfficeBessemer Venture Partners

Description

Innoviti Technologies has raised INR 40 crore in Series E funding led by Bessemer Venture Partners and Patni Family Office. The fresh funds will be used to drive the firm's mid-market expansion and fuel its online business.

Company Information

Company

Innoviti

Location

Bengaluru, Karnataka, India

About

Innoviti Technologies is a payment gateway and point-of-sale (PoS) provider based in Bengaluru, India. The company offers solutions for online and card-based payments, serving over 20,000 merchants and more than 2,000 localities.

Related People

3 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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