About the company
Innoviti builds payment products used heavily in Indian offline retail, with tools positioned around POS payments, EMI, payment links, and fast settlements. Innoviti describes the business as an Reserve Bank of India authorised online payment aggregator and says the platform processes ₹72,000 Cr annually across 20,000+ offline and 3,000+ online merchants. Innoviti also names large retail customers on the company LinkedIn page (for example Reliance Retail, Tanishq, and Shoppers Stop). The company was founded in 2002 and lists backing from investors including Bessemer Venture Partners.