Innoviti funding, investors and company details

Innoviti is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of RBI-licensed payment aggregator. Founded by Rajeev Agrawal, Amrita Malik.

Company: Innoviti Technologies Private Limited
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Rajeev Agrawal, Amrita Malik
Total funding raised: ₹344.11 Cr

Company overview

Innoviti operates as an RBI-licensed payment aggregator providing enterprise-grade POS and payment platforms for retail merchants across cards, UPI, wallets, and EMI. Core operations revolve around UniPAY, a centralized reconciliation system ensuring revenue accuracy, real-time settlements, and leakage prevention through omnichannel payment orchestration for large retailers. The platform integrates sales data with ERP systems, supports promotional pricing, chargeback management, and SME lending while serving 20,000+ offline and 3,000+ online merchants nationwide.

Funding rounds

Latest round (Series E): $ 8.50 Mn (₹71.29 Cr.), 2024-08-13. Investors: Random Walk Solutions, Bessemer Venture Partners, The Patni Family Office
Past round (Series D): $ 25.00 Mn (₹198.35 Cr.), 2022-07-08. Investors: Singapore’s Panthera Growth Partners
Past round: $ 9.60 Mn (₹74.47 Cr.), 2022-05-26. Investors: Dutch development bank FMO