Infibeam Avenues Limited — Updates, 15-07-2025: Press Release

Infibeam Avenues successfully concluded its INR 700 Cr Rights Issue, which was 1.40 times oversubscribed, showcasing strong investor confidence in its AI-led strategy and digital payments growth. The company received INR 5 per share on application, part of the INR 10 per share offer. Funds will fuel investments in Phronetic.AI, expand RediffPay for UPI services, develop the RediffOne platform, pursue strategic acquisitions, and build data center capacity. This strengthens Infibeam's balance sheet and supports its high-growth fintech verticals. The company processed INR 700,000 Cr in transactions in FY24.