Innoviti Technologies has raised ₹104 Cr (~$11.4M) in a Series M round with participation from Bessemer Venture Partners , Ashutosh Joshi, Arihant Patni, and Deepak Vinchhi.

Founded by Rajeev Agrawal and Amrita M. Malik | 2002

The startup provides payment solutions for enterprise merchants.

Reduced net losses by 12% to ₹62 Cr in FY25; IPO planned within 18–24 months.

Key highlights:

• Strong enterprise merchant network
• EBITDA-positive, moving toward public markets

Why this matters:

Late-stage fintechs are optimizing for IPO readiness, not just growth.

:

Will fintech IPOs regain momentum in India?