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Infibeam Avenues Ltd.

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Infibeam Avenues Gets RBI Nod For Offline Payment Aggregation, What This Means For Its Expanding Fintech Footprint?
Infibeam Avenues has secured RBI approval to operate as an offline payment aggregator, enabling it to offer POS-based payment services in addition to its online licence. This becomes the company’s fourth RBI-authorised payments licence under the CCAvenue brand, strengthening its position across India’s fast-growing digital and offline payments ecosystem.
cityfalcon.com·5mo ago
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Infibeam sharpens payments, AI focus; India’s push for indigenous AI models
Infibeam Avenues Ltd reported a 12.3% decline in quarterly profit as higher expenses outpaced revenue growth. Profit after tax attributable to owners fell 12.3% year-on-year to Rs 61.25 crore in the quarter ended June 30, 2025 (Q1 FY26) from Rs 69.85 crore a year earlier.
cityfalcon.com·8mo ago
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A compelling economic logic is leading India's big data push away from major coastal centres, deep into the inlands
Data centres in India are moving inland. Companies are choosing locations with cheaper land and power. RackBank, CtrlS, Nxtra, and Infibeam Avenues are leading this shift. They are building facilities in cities like Indore, Patna and Lucknow. This decentralisation supports low latency and data localization. It also makes digital infrastructure more affordable.
cityfalcon.com·10mo ago
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Infibeam Avenues Ltd and Indian Institute of Sciences (IISc) Signs MoU to Develop Real-Time Deepfake Detection Systems for Government, Corporates, Organisations to Combat Scammers
(MENAFN - Adfactors PR) Gandhinagar, March 17, 2025 – : Infibeam Avenues Ltd, a leading fintech company, has announced signing of a strategic MoU for Research and Development (R&D) with the Indian ...
cityfalcon.com·1y ago
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Infibeams Rediff.com secures NPCI license to offer UPI services
Infibeam Avenues announced that its subsidiary, Rediff.com, has received a Third-Party Application Provider (TPAP) license from the National Payments Corporation of India (NPCI) for its digital payment platform, RediffPay. According to the company, NPCI's official communication on Friday confirmed the approval, with Axis Bank serving as the Payment System Provider (PSP). This license enables RediffPay to offer Unified Payments Interface (UPI) services to its users, marking Infibeam Avenues' strategic entry into the consumer-facing digital payments sector. The company had previously applied for the TPAP license following its acquisition of a controlling stake in Rediff in 2024. Entrackr had exclusively reported the development in September last year. In August 2024, Infibeam Avenues acquired a 54% stake in Rediff.com India to relaunch Rediff.com in its new avatar as a consumer-facing digital financial services aggregator. “We are thrilled that our subsidiary has received the TPAP license from NPCI, allowing us to extend UPI services through RediffPay.
cityfalcon.com·1y ago
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