Fundz

Innoviti Technologies raised $8.3M in a Series E round led by Random Walk Solutions to support its growth towards an IPO.

PRIVATEAug 13, 2024

Amount Raised

$8.3 Million

Round Type

Series E

BengaluruFinancial ServicesSoftwarePaymentsE CommerceSaasFintech

Investors

Alumni Ventures UsaPatni Family Office IndiaBessemer Venture Partners UsaRandom Walk Solutions

Description

Innoviti Technologies has successfully closed its Series E funding round, raising $8.3 million, which was led by Random Walk Solutions and supported by existing investors including Bessemer Venture Partners. The funds will be used to further enhance their SaaS offerings and prepare for an upcoming IPO within the next year.

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.

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Innoviti raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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