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

Strategic Developments

1. 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.

2. Business Restructuring: The company has transitioned to operate primarily as a payment business focused on digital payments and AI-driven solutions.

3. 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.

Infibeam Avenues , a leading fintech company, has taken a significant step forward in expanding its financial services portfolio. The company recently received initial approval from the Reserve Bank of India (RBI) to operate prepaid payment instruments under payment regulations.

RBI Approval Details

The Reserve Bank of India has granted in-principle approval to Infibeam Avenues for the issuance of Prepaid Payment Instruments under the Payment and Settlement Systems Act, 2007. This regulatory green light allows the company to venture into the prepaid payment space, subject to compliance with RBI guidelines.

Implications for Infibeam Avenues

This approval marks a crucial milestone for Infibeam Avenues, potentially broadening its financial service offerings. The company can now proceed with preparations to issue various forms of prepaid payment instruments, which may include digital wallets, prepaid cards, and other similar financial products.

Additional Regulatory Developments

In a related development, Infibeam Avenues' wholly-owned subsidiary, IA Fintech IFSC Private Limited, has also received in-principle approval from the International Financial Services Centres Authority (IFSCA) to act as a Payment Service Provider (PSP) in GIFT-IFSC. This approval allows IA Fintech to offer the following services:

1. Escrow Service
2. Cross Border Money Transfer Service
3. Merchant Acquisition Service

Regulatory Compliance and Next Steps

While these approvals are significant, it's important to note that they are initial in nature. Infibeam Avenues will need to fulfill additional regulatory requirements and submit necessary documentation to secure final licenses. The company is expected to work closely with the regulatory bodies to ensure full compliance and successful launch of these new financial services.

As the fintech landscape continues to evolve, Infibeam Avenues' latest regulatory approvals position it to potentially capture new market opportunities in the digital payments and financial services sector. However, the company's success in these new ventures will depend on its ability to navigate the regulatory environment and effectively implement these new services.