Results · Financial Services

Innoviti slashes FY26 loss by 57% to ₹26.7 Cr despite revenue dip

By Startup Enthusiast · 4 September 2026

What they do

Innoviti is a digital payments startup offering sales acceleration, revenue assurance, and payment collection tools

It reduced its net loss by 57% to ₹26.7 Cr in FY26, but revenue fell by 16.7% to ₹118.9 Cr

Offline revenue dropped 20% to ₹97.3 Cr, while online revenue doubled to ₹4.2 Cr

Innoviti, a digital payments startup, reduced its net loss by 57% to ₹26.7 Cr in FY26, despite a 16.7% drop in revenue to ₹118.9 Cr.
The startup’s offline revenue fell by 20% to ₹97.3 Cr, while online revenue doubled to ₹4.2 Cr.
Operating revenue from lease rentals dropped 9% to ₹17.4 Cr, and other income was ₹3.3 Cr.
Total income for FY26 was ₹122.2 Cr, with expenses reduced by 28% to ₹148.9 Cr.
The company expects to turn EBITDA positive in FY27 through cost-cutting and new customer additions.

Innoviti’s loss reduction is notable as it indicates improved cost management despite revenue decline.
The startup’s online revenue growth suggests increasing adoption of digital payment methods.

Innoviti offers three core products: Innoviti Genie (sales acceleration software), Innoviti Unipay (revenue assurance software), and Innoviti Link (payment collection app).
The startup processes over ₹80,000 Cr of gross transaction volume annually from 2,000 Indian cities and 20,000 merchants.
Innoviti has received RBI authorization to operate as a payment aggregator for both online and offline payments.
It has raised over $115 Mn in funding from investors like Bessemer Venture Partners, Catamaran Ventures, and Alumni Ventures.
The company has been seeking a public market debut for several years, with plans to go public within a year in 2024 and 2025.

Innoviti expects to turn EBITDA positive in FY27 through cost-efficiency and new customer additions.
The company has been seeking a public market debut for several years.

Bessemer Venture Partners (investor) — A venture capital firm that has backed Innoviti since its early stages.
Catamaran Ventures (investor) — A venture capital firm that has invested in Innoviti.
Alumni Ventures (investor) — A venture capital firm that has invested in Innoviti.
FMO (investor) — A venture capital firm that has invested in Innoviti.

Product: Payment gateway and PoS solution for merchants; AI-powered UPI acquirer backup application
Customers: Organized retail merchants and retailers across 2,000 cities in India
How it makes money: Payment processing commissions and transaction fees from merchant transactions
What sets it apart: AI-driven UPI acquirer backup ensuring payment continuity for organized retail