Infibeam Avenues Secures ₹700 Crore Through Rights Issue
Infibeam Avenues Limited, a leading digital payments and e-commerce infrastructure company, has successfully closed its ₹700 crore rights issue. This significant capital-raising move reflects the company’s robust growth plans and investor confidence in India’s expanding digital economy.
Issue Oversubscribed, Reflects Strong Investor Interest
The rights issue, which opened on June 25, 2025, and closed on July 5, 2025, was oversubscribed, underscoring strong demand from both retail and institutional investors. This financial boost is set to accelerate the company’s strategic initiatives in technology infrastructure, digital payment solutions, and fintech innovation.
Purpose: Fueling Expansion and Innovation
The ₹700 crore raised will primarily be used to enhance the company’s proprietary digital payment platforms, strengthen artificial intelligence capabilities, and expand data center operations. Infibeam Avenues is targeting deeper penetration into domestic and international markets, aiming to serve enterprises, banks, and governments with secure and scalable fintech solutions.
Leadership Comments
Vishal Mehta, Chairman and Managing Director of Infibeam Avenues, stated, “The successful closure of our rights issue validates the trust of our shareholders. It positions us well to lead the digital transformation journey for businesses and institutions globally.”
Company Background
Founded in 2007, Infibeam Avenues is headquartered in Gandhinagar, Gujarat, and is listed on both the BSE and NSE. The company is best known for its flagship payment gateway platform, CCAvenue, and enterprise billing solution, BillAvenue. It services a wide range of sectors including banking, government, retail, and telecom.
Trivia & Insights
- Infibeam Avenues was the first Indian company to list on the NASDAQ Dubai International Financial Exchange via its Dubai-based subsidiary.
- The company powers over 2 million merchants globally through its fintech platforms.
- In 2023, it became the first company to receive RBI approval for a pan-India payment aggregator license.
- Its cloud-based payment gateway processes over ₹100,000 crore in digital payments annually.
Looking Ahead
With fresh capital in hand, Infibeam Avenues aims to become a dominant force in the global fintech infrastructure space. The company is poised to launch new digital financial services for small businesses, enhance real-time payment security systems, and continue investments in AI-powered transaction monitoring technologies.
Source: Smestreet In