Infibeam Avenues Limited (formerly known as Infibeam Incorporation Limited) was incorporated on June 30, 2010 under the Companies Act, 1956. The company is a public company domiciled in India and is incorporated under the provisions of the Companies Act applicable in India. The company’s shares are listed on the BSE Limited and National Stock Exchange of India Limited in India.

Infibeam Avenues (IAL) is a leading digital payments and e-commerce technology platforms company in India and provides a comprehensive suite of web services spanning digital payment solutions, data centre infrastructure and software platforms. It provides solutions to merchants, enterprises, corporations and governments in both domestic as well as international markets to enable online commerce. Its digital technology facilitates businesses and governments to execute e-commerce transactions in a safe and secure manner.

Business area of the company

Infibeam Avenues is primarily engaged in business of software development services, maintenance, web development, payment gateway services, e-commerce and other ancillary services.

Businesses

• Payments
  
• Infrastructure
  
• Platform

Brands

• CCAvenue
  
• BillAvenue
  
• ResAvenue
  
• buyooo
  
• Buildabazar

Awards

FY2017-18

• A Golden Hat-trick: Infibeam Avenues wins ‘Best eCommerce Payment Innovation’ Accolade yet again at the eRetail Awards for CCAvenue
  
• Infibeam Avenues Conferred with Consumer Durable & E-Retail of the Year Award at E-Retail Award 2018 by Franchise India
  
• CCAvenue bags award for ‘Best Innovation in Payments & Transfers’ at the prestigious MoneyTech Awards organized by Entrepreneur India
  
• Indian ICT Awards by Frost and & Sullivan for E-Commerce Platform Provider of the year (BuildaBazaar)
  
• CCAvenue bags the ‘Silver Award’ at the prestigious Skoch Payments Award
  
• ET Retail Awards for game changing idea of the year

FY2018-19

• Ranked 418 in FT1000 High Growth Companies Asia -Pacific 2018
  
• Consumer Durable & E-Retail of the Year Award
  
• Best Digital Payments company BFSI Awards 2019 by Governance Now
  
• The Best Digital Payment Facilitator
  
• Best eCommerce Payment Innovation
  
• Best Marketing Technology Combination
  
• Risk Management Team of the Year
  
• Best Digital Payment Facilitator
  
• Best Online Payments Facilitator
  
• Fastest Growing Online Service Provider in UAE

FY2019-20

• Best Digital Payment Processor India Digital Summit 2020, by IAMAI
  
• Best Technology Platform SKOCH Award: Technology deployment for Government Projects & Digital Platforms.
  
• CCAvenue recognised as Superbrand 2019 Superbrands India
  
• Best Workplace of the Year Employee Experience & Engagement Awards 2019, by Transformance Forums
  
• Digital Payment Facilitator - Category Leader REACH Acceptance Summit 2019, by Mastercard
  
• Most Innovative Online Payment Service Provider Global Business Outlook Awards 2019
  
• Game changing idea of the year ET Retail Awards
  
• Best Digital Payment Facilitator Drivers of Digital (DOD) Awards 2019, by Inkspell
  
• Most Innovative Payment Service Provider & Fastest Growing Online Payment Service Provider (U.A.E) International Finance Awards 2019
  
• Best Online Payments Facilitator MEA UAE Business Awards 2019
  
• Risk Management Team of the Year ERM World Awards 2019, by Transformance Forums

Milestones

• 2007: Launch of Infibeam.com, an eCommerce marketplace
  
• 2010: Launch of Small and Medium Enterprise (SME) marketplace software platform to build online stores for doing business online (BuildaBazaar)
  
• 2014: Launch of large enterprise marketplace software platform to build scalable online stores (BuildaBazaar for enterprise)
  
• 2014: Acquired ODigMa, an online digital marketing services company
  
• 2014: Received licence from ICANN to launch and operate ‘.OOO’ GTLD globally
  
• 2016: Got listed on the BSE and NSE. Part of S&P BSE A Group and S&P BSE 500
  
• 2017: Acquired and merged Avenues India (CCAvenue) to offer payments, along with platform solutions
  
• 2017: Won contract from the Government of India for powering their online procurement portal, Government e-Marketplace (GeM)
  
• 2017: Acquired 51% with control of cloud ERP solutions provider DRC Systems
  
• 2018: Rebranded Infibeam Incorporation to Infibeam Avenues to reflect focus on payments business, along with platforms business
  
• 2018: Acquired Dubai-based Vavian International to launch payments business in the UAE
  
• 2019: Demerged and divested non-core businesses; supply-chain related SME marketplace software platform to Suvidhaa, ancillary eCommerce business to Ingenius eCommerce, demerged Theme Park & Event Software to DRC, and sold 51% stake in the UAE software platform entity to Unipropitia
  
• 2019: Filed for the demerger and listing of Suvidhaa and DRC Systems to unlock shareholder value
  
• 2020: Launched digital payments in the KSA, Oman and USA
  
• 2020: Acquired Cardpay Technologies (GRIT) to offer credit cards to corporate
  
• 2020: Planning to increase stake in Go Payments to 52.38% and partner them to offer pre-paid cards