Infibeam Avenues Secures RBI Approval for Physical Payment Aggregation

Infibeam Avenues , a leading fintech company, has achieved a significant milestone in its expansion plans. The Reserve Bank of India (RBI) has granted the company final authorization to operate as a physical payment aggregator, complementing its existing online payment aggregator license.

Expanding Payment Processing Capabilities

The approval, received on November 14, 2025, allows Infibeam Avenues to extend its payment processing services to the physical retail segment. This development is expected to broaden the company's reach in the digital payments ecosystem, enabling it to serve a wider range of merchants across India.

Regulatory Compliance and Market Impact

The authorization was granted under the Payment and Settlement Systems Act, 2007, highlighting the company's adherence to regulatory standards. This move may strengthen Infibeam Avenues' position in the competitive fintech landscape, potentially opening up new revenue streams in the physical retail space.

Strategic Implications

For Infibeam Avenues, this approval represents a strategic expansion of its service portfolio. The company can now offer a comprehensive suite of payment solutions, catering to both online and offline merchants. This dual capability may enhance its value proposition in the market.

Financial Outlook

While specific financial projections were not provided, the expansion into physical payment aggregation could potentially impact the company's future revenue and growth prospects. Investors and market analysts may be interested in observing how this new capability translates into business performance in the coming quarters.

As the fintech sector continues to evolve, Infibeam Avenues' latest regulatory approval positions it to potentially capitalize on the demand for integrated payment solutions across various retail channels.

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Infibeam Avenues Limited , India's first listed AI-powered tech and fintech company, has announced its financial results for the quarter ended September 30, 2025, showcasing significant growth and strategic developments.

Financial Highlights

Revenue Surge: The company reported a record-breaking consolidated revenue from operations of INR 19,649 million, marking a 93.3% year-over-year increase and a 53.5% quarter-on-quarter growth.
Profit Growth: Profit After Tax increased to INR 677 million, up 42% year-over-year.
Total Payment Volume (TPV): TPV reached INR 1,172 billion, up 33% year-over-year.
Approaching Milestone: On an annualized run-rate basis, Infibeam Avenues is nearing the USD 1 billion revenue mark.

Key Financial Metrics

Particulars	Current Quarter	Previous Year Quarter	Y-o-Y Growth
Gross Revenue (INR million)	19,649.00	10,166.00	93.3%
Net Revenue (INR million)	1,531.00	1,343.00	14%
Adj. EBITDA (INR million)	937.00	854.00	10%
Adj. PAT (INR million)	649.00	550.00	18%
Consolidated PAT (INR million)	677.00	477.00	42%

Strategic Developments

Platform Business Sale: Infibeam Avenues completed the strategic sale of its Platform Business to its subsidiary Rediff.com India Limited for INR 800 crore, streamlining its focus on fintech and AI-driven payments.
Business Restructuring: The company has transitioned to operate primarily as a payment business focused on digital payments and AI-driven solutions.
Successful Rights Issue: The company successfully raised INR 700 crore through a partially paid-up rights issue that was oversubscribed by 1.4x.

Business Updates

Launched PayCentral.AI platform, India's first agentic payments platform.
Secured regulatory approvals from IFSCA to operate as a Payment Service Provider at GIFT-IFSC.
Obtained in-principle authorization from the RBI to issue prepaid payment instruments (PPIs).
Expanded banking partnerships with several financial institutions.
CCAvenue recognized as a Superbrand 2025.

Mr. Vishal Mehta, Chairman and Managing Director of Infibeam Avenues Ltd., commented on the results: "We are delighted with our strong performance this quarter. The sharp rise in TPV and revenue underscores the growing trust our merchants and partners place in our platforms. Our diversified digital offerings and focus on profitability position us well to cross the USD 1 billion revenue mark on a run-rate basis."

With these results and strategic moves, Infibeam Avenues continues to strengthen its position in the fintech sector, demonstrating robust growth and innovation in the digital payments landscape.