Fundz

Innoviti Technologies Pvt. Ltd. raised Rs. 70 Cr in a Series E funding round led by Random Walk Solutions to enhance its payment solutions for enterprises.

Aug 12, 2024

Amount Raised

₹700 Million

Round Type

Series E

BengaluruOtherFinancial ServicesSoftwarePaymentsE CommerceFintechSaaS

Investors

Alumni Ventures UsaPatni Family Office IndiaBessemer Venture Partners USARandom Walk Solutions

Description

Innoviti Technologies Pvt. Ltd. closed its Series E funding round, raising a total of Rs. 70 Cr

Quick answer

Innoviti raised ₹700 Million in a Series E round, dated August 12, 2024. Investors: Alumni Ventures Usa, Patni Family Office India, Bessemer Venture Partners USA and Random Walk Solutions. Innoviti is based in Bengaluru, Karnataka, India.

How much did Innoviti raise?
Innoviti raised ₹700 Million in a Series E round on August 12, 2024.
Who invested in Innoviti?
Alumni Ventures Usa, Patni Family Office India, Bessemer Venture Partners USA and Random Walk Solutions are named as investors in this round.
What does Innoviti do?
Innoviti Technologies is a payment gateway and point-of-sale (PoS) provider based in Bengaluru, India.
Where is Innoviti based and how big is it?
Innoviti is based in Bengaluru, Karnataka, India. Fundz records about 201 employees.
Who are the decision-makers at Innoviti?
Fundz holds 1 contact at Innoviti. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Innoviti that raised within 45 days of this round, from Fundz verified event records.

  • Brico raised $8M (Seed) on September 11, 2024.
  • FlapKap raised $34M (Pre-Series A) on September 9, 2024.
  • Valyx raised $800K (Pre-Seed) on September 5, 2024.
  • Cobre raised $35M (Series B) on September 5, 2024.
  • Ume raised $15M (Series A) on September 4, 2024.
  • Flywire raised $120M (Series E) on August 20, 2024.

Who to call at Innoviti, and when

A new round usually means Innoviti is about to hire and buy. The teams that reach out first get the meeting.

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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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