Results · Financial Services
AvenuesAI Q4 profit jumps 63% to ₹89 Cr, revenue more than doubles for FY26
By Startup Enthusiast ·
- Date
- Company
- AvenuesAI
- What it does
- AI-led transaction infrastructure and digital payments platform
- Kind
- Results
- Amount
- ₹89 Cr
- Sector
- Financial Services
What they do
AvenuesAI reported a net profit of ₹89 Cr in Q4 FY26, up 63% from ₹54.7 Cr in the previous year
What happened
The company's operating revenue grew 115% YoY to ₹2,489.5 Cr in Q4, with total revenue for FY26 more than doubling to ₹8,115.9 Cr
Why it matters
AvenuesAI rebranded from Infibeam Avenues and expanded into AI, payments, and embedded finance through acquisitions and stake purchases
The details
- AvenuesAI reported a consolidated net profit of ₹89 Cr in Q4 FY26, up 63% from ₹54.7 Cr in the previous year.
- Operating revenue grew 115% YoY to ₹2,489.5 Cr in Q4, with total revenue for FY26 more than doubling to ₹8,115.9 Cr.
- Adjusted EBITDA increased 28% YoY to ₹99.4 Cr, with EBITDA margin expanding to 66% from 58% in the year-ago quarter.
- Total expenses rose 120% YoY to ₹2,428.8 Cr, reflecting increased operational costs.
- AvenuesAI approved the acquisition of a 7% stake in Online PSB Loans for ₹65 Cr and a 2.5% stake in Ratnaafin Capital for ₹66 Cr.
- The company also invested ₹1.25 Cr to acquire a 9.9% stake in its AI subsidiary Nueromind Technologies, making it a wholly owned subsidiary.
- AvenuesAI rebranded from Infibeam Avenues to reflect its shift toward an AI-led transaction infrastructure and digital payments platform.
- The company transferred its ecommerce platform infrastructure to Rediff.com for ₹800.39 Cr and increased its stake in Rediff to 82.66%.
- Subsidiary Phronetic AI launched PayCentral.ai, India's first agentic payments platform built on Google’s AP2 framework.
- AvenuesAI secured RBI authorisation for offline payment aggregation, in-principle approval for PPIs, and IFSCA approval to operate as a payment service provider at GIFT-IFSC.
The bigger picture
- AvenuesAI's rebranding from Infibeam Avenues to AvenuesAI signals a strategic shift toward AI and digital payments.
- The company's acquisition of stakes in digital credit infrastructure and NBFCs shows its expansion into embedded finance and digital lending.
- The ₹700 Cr rights issue with 1.4X oversubscription indicates strong investor confidence in AvenuesAI's AI and payments infrastructure initiatives.
- The rebranding and acquisitions suggest AvenuesAI is positioning itself as a next-generation transaction infrastructure platform.
About the business
- AvenuesAI is an AI-led transaction infrastructure and digital payments platform.
- The company operates in payments, merchant operating systems, AI orchestration, and consumer ecosystems.
- AvenuesAI provides payment gateway services, merchant operating systems, and AI-powered transaction infrastructure.
- The company has expanded into digital lending, embedded finance, and financial wellness platforms.
- AvenuesAI has a wholly owned subsidiary, Nueromind Technologies, focused on AI development.
- The company has a strategic partnership with Rediff.com, having transferred its ecommerce platform infrastructure to them.
- AvenuesAI has secured regulatory approvals from the RBI, IFSCA, and NPCI to operate as a payment service provider and UPI platform.
What happens next
- AvenuesAI plans to expand its AI and payments infrastructure through acquisitions and strategic investments.
- The company aims to leverage its digital platform to grow its embedded finance and digital lending ecosystem.
- AvenuesAI is working on financial wellness-focused UPI platforms and agentic payments platforms.
The deal
- Type
- results
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