Innoviti Payment Solutions

Enterprise-grade payment and reconciliation platform built for large retail businesses to ensure accurate settlements, control leakages, and manage omnichannel payments at scale.

A sales acceleration platform for mobile dealers that enables faster inventory turnover, instant cash access, and higher margins through smart payment and incentive programs.

A simple payment collection app that lets merchants accept Card, UPI, and EMI payments without a POS machine or website, with instant settlements, anytime, anywhere.

Large retail enterprises such as Samsung, Reliance Retail, Adani Gas, Tanishq, Inox, and Shoppers Stop.

Innoviti genie serves mobile dealers with sales acceleration and EMI tools; company processes purchase volume across food & grocery, lifestyle, and healthcare category merchants.

Smaller merchants interact with Innoviti largely through self-service: the innoviti Link app lets them accept payments and receive settlements directly without an on-site account manager.

For large retail and enterprise clients, Innoviti builds tailored solutions by integrating its platform with each client's own business processes, indicating a consultative, dedicated relationship rather than an off-the-shelf product.

Innoviti maintains a separate client login portal, Sparcs (sparcs.innoviti.com), giving existing merchants and enterprise clients direct account access distinct from the public marketing site.

Enterprise POS solution; growing at a 23% annualized rate, operating at 20% EBITDA (as of Aug 2024).

Electronics EMI solution growing at 80% annually, operating at -18% EBITDA as of Aug 2024, expected to breakeven by end of FY25.

Payment collection app for merchants to accept Card, UPI and EMI payments without a POS machine or website, with instant settlements.

Innoviti's core activity is operating a unified platform that processes multiple payment tenders — cards, UPI, Sodexo meal vouchers, and loyalty-point redemption — for merchants across online and in-store channels.

Innoviti runs reconciliation and control systems for enterprise retailers to catch revenue and margin leakage at the point of sale in real time.

The company supplies and operates the payment gateway and point-of-sale hardware that merchants use to collect card-based payments.

Innoviti maintains industry payment-security certifications — PCI DSS, P2PE, and PCI PIN — as an ongoing operational requirement for processing card transactions.

Innoviti operates as an RBI Authorised Payment Aggregator for Online and In-store payments under the Payments & Settlements Act 2007.

Holds multiple patents related to secure payment communication systems and payment processing technology, with the most recent patent granted in November 2024.

Listed as a client on Innoviti's website.

Listed as a client on Innoviti's website; also named in Series E press release as an enterprise using Innoviti's platform.

Named as an enterprise client in Innoviti's Series E press release.

Named as an enterprise client in Innoviti's Series E press release.

Listed as a client on Innoviti's website.

Listed as a client on Innoviti's website.

Innoviti's largest revenue line; service fee revenue rose to Rs 123 crore in FY25 from Rs 84 crore in FY24, a 47% increase.

Innoviti's total expenses across all cost lines reached Rs 207 crore in FY25, up 15% year-on-year, against Rs 143 crore of revenue and a Rs 62 crore net loss for the year.

Subvention and service-fee payouts are Innoviti's single biggest cost line, roughly 40% of total FY25 expenses (Rs 82.5 Cr of Rs 207 Cr), and grew far faster than revenue.

Employee benefit expenses were Innoviti's second-largest disclosed cost line in FY25, and fell even as total costs rose.

Depreciation costs rose sharply in FY25, consistent with continued investment in POS and payment infrastructure.

The remaining disclosed cost line covers advertisement expense, sub-contractor charges, and other miscellaneous overheads.