Results · Financial Services

AvenuesAI reports Q1 revenue up 109% to Rs 2,680 crore

By Startup Enthusiast · 11 August 2026

What they do

AvenuesAI is a GIFT City-based fintech company providing payment processing and AI analytics

It reported Q1 FY27 revenue of Rs 2,680.4 crore, up 109% YoY, and PAT of Rs 84.76 crore, up 45%

The board also approved a face value increase, a merger with Nueromind, and outlined growth priorities including US expansion

AvenuesAI reported its Q1 FY27 results on 11 August 2026.
Consolidated revenue from operations was Rs 2,680.4 crore, up 109% year-on-year.
Consolidated profit after tax was Rs 84.76 crore, up 45% year-on-year.
EBITDA (excluding other income) was Rs 100 crore, up 41% year-on-year.
Profit before tax was Rs 86.65 crore, up 10% year-on-year.
The board approved a proposal to increase equity share face value from Rs 1 to Rs 10, subject to approvals.
The board also approved a proposed merger of Nueromind Technologies Private Limited with AvenuesAI, subject to approvals.

The results show strong revenue growth of 109% YoY, outpacing profit growth of 45%.
The company guided for FY27 revenue of Rs 11,000 crore to Rs 13,000 crore and EPS of Rs 8.75 to Rs 9.50.
Growth priorities include unlocking Rediff value, expanding CCAvenue in the US, and building the TISco AI platform.
Rediff subsidiary received SEBI approval for its IPO.

AvenuesAI is a GIFT City-based fintech company.
It operates payment processing platforms including CCAvenue and GoWallet.
It owns Rediff.com, which is being transformed from legacy content/email to a digital platform spanning content, consumer payments, and enterprise services.
It has developed TISco, a proprietary AI platform that analyses transaction behaviour, merchant activity, payment patterns, settlement history, and customer behaviour.
TISco's potential applications include transaction risk assessment, fraud detection, merchant evaluation, business intelligence, and credit/financial-product distribution.
The company plans to expand CCAvenue in the US, targeting enterprise and digital-commerce customers.
It also plans to acquire secondary equity stakes of up to 7% in Online PSB Loans and up to 2.50% in RatnaFin Capital.

Increase equity share face value from Rs 1 to Rs 10, subject to approvals.
Merge Nueromind Technologies Private Limited with AvenuesAI, subject to approvals.
Unlock Rediff value through its IPO and digital transformation.
Expand CCAvenue in the US targeting enterprise and digital-commerce.
Build the TISco AI platform for transaction analysis and fraud detection.
Follow a three-year capital strategy (FY27-FY29): grow core, generate cash, selectively reinvest in growth businesses.