Infibeam Avenues Limited (INFIBEAM.BO) Income Statement Analysis – Financial Results

About Infibeam Avenues Limited

Infibeam Avenues Limited, together with its subsidiaries, operates as a digital payment and e-commerce technology company that engages in the provision of digital payment solutions, data center infrastructure, and software platforms for businesses and governments to execute e-commerce transactions. It operates through two segments: Payment Business and E-Commerce Platform Business. The company offers CCAvenue, a payment gateway to ecommerce merchants to collect payments online and offline from their customers, as well as payment gateway related solutions, including B2Biz payments, CCAvenue SNIP, CCAvenue TokenPay, and invoice payment and subscription solutions. It also provides BillAvenue, an online bill payment platform for recurring bill payments services to customers; ResAven, an online hospitality management solution that helps hoteliers to distribute room inventory; Go Payments, an online platform that offers domestic money transfer, AEPS, mobile recharge, travel bookings, insurance, and many other financial services for consumers, as well as payment issuing and processing services for banks, governments, and corporates; and TrustAvenue, a lending platform that provide working capital loans, invoice/bill discounting, and early settlement to digital payment merchants. In addition, the company provides BuildaBazaar for Enterprise, a cloud based end-to-end software as a service eCommerce marketplace technology platform that allows corporates to transact online, manage the back end, make digital payments, undertake online marketing, and other value-added digital services. It operates in India, the United Arab Emirates, Saudi Arabia, Oman, Australia, and the United States. The company was formerly known as Infibeam Incorporation Limited and changed its name to Infibeam Avenues Limited in July 2018. Infibeam Avenues Limited was incorporated in 2010 and is headquartered in Gandhinagar, India.