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Posts Tagged ‘ CCAvenue ’

What’s firing up Infibeam

Tuesday, February 28, 2017 | More »

India’s e-commerce story is a familiar one—cash burn, negative unit economics and a pipe dream called profitability, all in the name of customer acquisition. But Ahmedabad-based Infibeam Incorporation Ltd, the country’s first online retailer to go public, has scripted a growth story th...


Online payments startup Razorpay turns profitable as sales rise 10-fold

Jaipur-registered online payment gateway startup Razorpay Software Pvt. Ltd has turned a profit in financial year ending March 2016, filings with the Registrar of Companies (RoC) show. The company posted a profit after tax of Rs 28.7 lakh for the year, compared with a loss of Rs 4.1 lakh in FY15. Ne...

15 February, 2017 | More »


Payment gateway CCAvenue to raise $8.9 mn from Infibeam

E-commerce firm Infibeam Incorporation Ltd has decided to invest Rs 60 crore (around $8.9 million) in Avenues India Pvt Ltd that operates payment gateway CCAvenue. Infibeam’s wholly owned subsidiary NSI Infinium Global Pvt. Ltd has signed a definitive agreement with Avenues India for the investmen...

22 June, 2016 | More »


Infibeam to invest up to $6.7 mn in CCAvenue

E-commerce firm Infibeam Incorporation Ltd said on Monday it will invest up to Rs 45 crore ($6.7 million) in the company that operates the payment gateway CCAvenue. Infibeam’s wholly owned subsidiary NSI Infinium Global Pvt. Ltd has signed a term sheet with Avenues (India) Pvt Ltd for the investme...

30 May, 2016 | More »


Customer engagement startup Customer360 raises funding from CCAvenue founder

Mumbai-based cloud-based customer analytics solution provider Customer360 Inc has raised an undisclosed amount of funding from Vishwas Patel, founder & CEO of payment solutions venture CCAvenue, as per a press release. Founded by Mitul Thakkar, Onkar Bhosle and Mayuresh Shilotri in 2013, Custome...

6 May, 2015 | More »


CCAvenue launches multi-currency payment gateway, bundles new features

Mumbai-based Avenues India Pvt Ltd, which runs a payment gateway called CCAvenue, has added support for multiple currencies. The payment gateway can now accept and process payments in 27 currencies. The company has also bundled new features like smart dynamic routing—for better success rate; iFram...

27 January, 2014 | More »


CCAvenue partners with BuildaBazaar to launch e-com marketplace Dhamaal.com

Mumbai-based Avenues India Pvt Ltd, which runs payment gateway CCAvenue, has formed a joint venture (JV) with Ahmedabad-based NSI Infinium Global Pvt Ltd that runs BuildaBazaar.com, to launch online marketplace for Indian merchants Dhamaal.com. According to its website, Dhamaal.com is a place where ...

1 August, 2013 | More »


PayU does a ‘Build A Bazaar’ with PayUPaisa; shop while you network with CCAvenue’s SNIP

Online payment company PayU India  has launched PayUPaisa, a web-based product that will enable small and medium sellers to put their stores online in minutes and transact through the PayU gateway. PayUPaisa was in private beta for the past few months and has come out of beta only today. However, t...

18 April, 2013 | More »


CCAvenue revives economy plan for small ventures, waives set-up fee

Online payment gateway CCAvenue  has revived its economy plan and removed the set-up cost in a bid to cater to small ventures. Earlier, the plan included a set-up fee of Rs 7,500, but now it has been waived. It was the most popular plan of the company, according to Mohan Nair, chief marketing offic...

13 February, 2013 | More »