How much funding has AvenuesAI raised?

AvenuesAI has raised $199,000,000 in total funding. Their latest funding round was Post-IPO. Key investors include TVS Capital Funds, Public Shareholders, Institutional Investors.

Where is AvenuesAI headquartered?

AvenuesAI is headquartered in Gandhinagar, India. The company has a team of 500+ people.

What does AvenuesAI do?

AvenuesAI operates in the AI in Fintech sector. An AI-native fintech and transaction infrastructure company providing global payment orchestration, fraud prevention, and digital commerce solutions. Optimizes transaction success rates and security through AI-driven orchestration and real-time fraud detection while reducing operational friction for global commerce.

When was AvenuesAI founded?

AvenuesAI was founded in 2007. It is based in Gandhinagar, India.

How much funding has AvenuesAI raised?

AvenuesAI has raised $199,000,000 in total funding. Key investors include TVS Capital Funds, Public Shareholders, Institutional Investors.

Who is the CEO of AvenuesAI?

Vishwas Patel is the CEO of AvenuesAI. The company was founded in 2007.

Where is AvenuesAI located?

AvenuesAI is headquartered in Gandhinagar, India.

What funding stage is AvenuesAI at?

AvenuesAI is currently at the Public stage.

How many employees does AvenuesAI have?

AvenuesAI has approximately 500+ employees.

AvenuesAI

Category: AI in Fintech

An AI-native fintech and transaction infrastructure company providing global payment orchestration, fraud prevention, and digital commerce solutions. AvenuesAI was founded in 2007. The company is led by Vishwas Patel. Based in Gandhinagar, India. Team size: 500+. Total funding raised: $199,000,000. Latest round: Post-IPO. Key investors include TVS Capital Funds, Public Shareholders, Institutional Investors.

Founded: 2007
Headquarters: Gandhinagar, India
Team size: 500+
Total funding: $199,000,000

Value proposition

Optimizes transaction success rates and security through AI-driven orchestration and real-time fraud detection while reducing operational friction for global commerce.

Products and solutions

CCAvenue (Omnichannel Payment Gateway), PayCentral.ai (Agentic Payment Platform), BillAvenue (Bharat BillPay Operating Unit), ResAvenue (Hospitality Management & Distribution), Phronetic AI (AI Research & Development Division), RediffOne (Merchant Operating System)

Unique value

First Indian fintech to pivot into a full-stack 'Agentic AI' payment platform, integrating deep-learning models directly into the transaction authorization and routing layer.

Target customer

Global merchants, financial institutions, banks, e-commerce platforms, and government entities.

Industries served

E-commerce, BFSI (Banking, Financial Services, and Insurance), Hospitality, Government, Education, Retail

Technology advantage

Leverages massive historical datasets from CCAvenue to power proprietary AI models for Transaction Success Rate (TSR) optimization and real-time fraud prevention (PhishGuard).

How they differentiate

AvenuesAI differentiates through its 'Agentic AI' payment platform, which integrates deep-learning models directly into the transaction routing layer to optimize success rates (TSR) and provide real-time fraud prevention (PhishGuard) using two decades of proprietary transaction data.

Main competitors

Razorpay, Juspay, Stripe

Key partnerships

Google (Collaboration on Agent Payment Protocol for PayCentral.ai), Major Indian and Global Banks (HDFC, ICICI, etc.), Bharat Bill Payment System (BBPS), GIFT City (Establishment of India's first AI Hub)

Notable customers

Air India, MakeMyTrip, Taj Hotels, Burj Khalifa, Government of India (GeM)

Major milestones

Initial Public Offering (IPO) on NSE/BSE in March 2016, Strategic merger with Avenues India (CCAvenue) in 2017, Establishment of India's first AI Hub at GIFT City in 2024, Completed ₹700 crore rights issue (1.4x oversubscribed) in July 2025, Corporate rebranding to AvenuesAI and pivot to Agentic AI (name change effective early 2026; NSE ticker CCAVENUE from 3 Feb 2026), FY26: gross revenue +103% to Rs 81,158 million; adj. PAT +58% to Rs 3,320 million

Growth metrics

FY26 full-year: consolidated gross revenue +103% YoY to Rs 81,158 million; adj. PAT +58% to Rs 3,320 million; TPV +55% to Rs 5.038 trillion (~$60B). Q3 FY26 had previously shown 122% revenue growth.

Market positioning

Established enterprise fintech leader pivoting into a global AI-native transaction infrastructure provider.

Geographic focus

India, United Arab Emirates, Saudi Arabia, USA, and Australia.

Patents and IP

Proprietary AI-driven transaction orchestration logic and agentic payment protocols developed via Phronetic AI; specific public patent filings focus on AI-led decisioning and analytics.

About Vishwas Patel

Vishwas Patel is a veteran of the Indian fintech industry with over 20 years of experience. He founded CCAvenue in 2001, which became India's leading payment aggregator before merging with Infibeam in 2017. He currently serves as the Chairman of the Payments Council of India (PCI) and was elevated to MD & CEO of AvenuesAI to lead its strategic pivot into AI-native transaction infrastructure.

Latest news about AvenuesAI

AvenuesAI reports a 122 percent revenue surge to Rs 23,812 million in Q3 FY26, signaling a pivot to AI-native infrastructure. By using Google Agent Payment Protocol and Model Context Protocols, the fi

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Official website: https://www.avenuesai.com