AvenuesAI Q1 profit rises 45%, revenue doubles to ₹2,680 crore

AvenuesAI is a company in India that helps people and businesses pay for things online.

It announced how much money it made in the last three months.

The company's profit grew by 45 percent, which means it earned more than before.

Its revenue, or the money it brought in, doubled to a very big number.

AvenuesAI also owns a company called Rediff.com, which was known for email and news.

Rediff will become a bigger digital platform with payments and other services.

Rediff also got permission to sell shares to the public, called an IPO.

AvenuesAI wants to grow in the United States, where many people use digital payments.

The company is building a smart system called TISco that uses AI to understand how businesses and their transactions work.

This will help it create new products and reach its future goals.