Infibeam Avenues Q2 operational revenue tops Rs 1,000 crore, profit at Rs 47 croreThis marks a 16.7% increase from last year's Rs 40.6 crore for the company. This year saw an increase revenue as well as the expenses for t...
12 Nov, 2024, 08.13 PM IST
Infibeam Avenues shares slide 8% as stock turns ex-date for spin-offShares of Infibeam Avenue fell 8% to a day's low of Rs 27.93 on the BSE today, as the stock turned ex-date for its spin-off involving Infib...
11 Sep, 2024, 11.05 AM IST
Infibeam Avenues acquires majority stake in Rediff.com, shares jump over 8%Infibeam Avenues Share Price: I am delighted to pass on this iconic brand and its legacy into the capable hands of Mr Vishal Mehta, Infibea...
02 Aug, 2024, 03.16 PM IST
Infibeam Avenues picks up 20% stake in US-based AI company XDuceInfibeam Avenues acquires 20% stake in XDuce for $10 million to boost international business and support US growth of CCAvenue. Rajesh Kuma...
26 Feb, 2024, 01.52 PM IST
Infibeam Avenues Q2 results: Firm posts 53% YoY jump in net profitThe company said it is also looking to raise capital through primary mode and aims to bring on board long term strategic and financial inve...
28 Oct, 2021, 03.07 PM IST
Infibeam Avenues to foray into AI-based lendingMaking its foray into AI-based lending space, Infibeam Avenues says it intends to lend money by offering credit algorithms, credit platform...
10 Aug, 2021, 04.27 PM IST
Infibeam Avenues Q4 results: Reports net profit of Rs 32 crIts gross revenue was up 42 per cent to Rs 201 crore in the quarter under review as compared to Rs 142 crore in the corresponding period of...
27 May, 2021, 10.00 PM IST
Infibeam Q3 Results: Net profit up 27%; firm announces 1:1 bonus share issueIts consolidated income from operations grew 47 per cent to Rs 227.8 crore in the quarter under review from Rs 155.4 crore in the year-ago ...
12 Feb, 2021, 12.01 AM IST
Infibeam to apply for RBI’s New Umbrella Entity licenseThe central bank is looking to set up a new payment system in the retail space that would operate in the retail space. The government is ke...
11 Feb, 2021, 09.21 PM IST
Infibeam Q2 results: Net profit falls 35%; co to invest in So Hum Bharat Digital PaymentsThe company has also decided to invest in So Hum Bharat Digital Payments to apply to the RBI for a New Umbrella Entity (NUE) license for re...
12 Nov, 2020, 10.26 PM IST
Infibeam Avenues recorded highest ever digital payment processing in Q2Its revenue is up 50% to touch Rs 154 crore, quarter-on-quarter despite very low contribution from aviation, travel & tourism, hotel and en...
12 Nov, 2020, 08.24 PM IST
Infibeam Q1 results: Net profit slips 59% to Rs 12 crThe company offers digital payment solutions and enterprise software platforms to businesses and governments across industry verticals.
02 Sep, 2020, 11.17 PM IST
Infibeam Avenues Q3 profit falls to Rs 26 croreIncome from operations stood at Rs 158.3 crore compared with Rs 319.1 crore.
28 Jan, 2020, 07.32 PM IST
Infibeam acquires cloud ERP solutions provider DRC SystemsLast month, Infibeam acquired CC Avenues, a digital payment gateway company, for an expected valuation of Rs 2000 crore. Infibeam already o...
03 Mar, 2017, 03.00 PM IST
Infibeam's planned merger with CC Avenue to value the online payment gateway at about Rs 2,000 croreInfibeam, which already owns a 3.85% stake in CC Avenue through subsidiary NSI Infinium Global, has agreed to acquire another 7.5% stake in...
14 Feb, 2017, 09.41 AM IST
Infibeam passes its first market test, reports small profit in maiden showInfibeam also announced to make investment in payment gateway company Avenues and will also foray into Dubai, making it India’s first ecomm...
31 May, 2016, 10.16 AM IST
Infibeam posts Rs 1.95 crore profit in Q4 as software service revenue risesInfibeam has posted a net profit of Rs 1.95 crore on revenues of Rs 75.6 crore in its maiden earnings results for the quarter ended March 3...
30 May, 2016, 07.25 PM IST