Fundz

Innoviti has raised ₹104 Cr in a Series M funding round led by Bessemer Venture Partners and Arihant Patni to reduce debts and enhance product development.

Feb 28, 2026

Amount Raised

₹1.04 Billion

Round Type

Seed

BengaluruOtherFinancial ServicesSoftwarePaymentsE CommerceFintechSaaS

Investors

Ashutosh JoshiDeepak VinchhiBessemer Venture PartnersArihant Patni

Description

Fintech startup Innoviti has successfully closed its Series M funding round at ₹104 Cr. This capital will be utilized to pay off outstanding debts and strengthen its sales and distribution efforts. Key investors include Bessemer Venture Partners and Arihant Patni. Innoviti continues to enhance operational efficiency as it prepares for its expected IPO.

Quick answer

Innoviti raised ₹1.04 Billion in a Seed round, dated February 28, 2026. Investors: Ashutosh Joshi, Deepak Vinchhi, Bessemer Venture Partners and Arihant Patni. Innoviti is based in Bengaluru, Karnataka, India.

How much did Innoviti raise?
Innoviti raised ₹1.04 Billion in a Seed round on February 28, 2026.
Who invested in Innoviti?
Ashutosh Joshi, Deepak Vinchhi, Bessemer Venture Partners and Arihant Patni are named as investors in this round.
What does Innoviti do?
Innoviti Technologies is a payment gateway and point-of-sale (PoS) provider based in Bengaluru, India.
Where is Innoviti based and how big is it?
Innoviti is based in Bengaluru, Karnataka, India. Fundz records about 201 employees.
Who are the decision-makers at Innoviti?
Fundz holds 1 contact at Innoviti. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Innoviti that raised within 45 days of this round, from Fundz verified event records.

  • Anchorage Digital raised $100M (Series E) on February 6, 2026.
  • Ratio raised $16M (Funding Round) on April 14, 2026.
  • Numos raised $4.3M (Seed) on April 2, 2026.
  • Galdera Labs raised $1.7M (Pre-Seed) on March 27, 2026.
  • Worth raised $30M (Series A) on March 24, 2026.
  • Cleavr raised $1.1M (Seed) on March 20, 2026.

Who to call at Innoviti, and when

A new round usually means Innoviti is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Innoviti raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Innoviti, from your own LinkedIn network

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Company Information

Company

Innoviti

Location

Bengaluru, Karnataka, India

About

Innoviti Technologies is a payment gateway and point-of-sale (PoS) provider based in Bengaluru, India. The company offers solutions for online and card-based payments, serving over 20,000 merchants and more than 2,000 localities.

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