Archive · 13 Jan 2026
Innoviti Expands RBI Payment Aggregator Authorization
Innoviti Technologies, a company that helps businesses take payments, just got a big approval from the Reserve Bank of India.
This approval lets them handle payments both online and in physical stores.
Before, they could only handle online payments.
Now, they can help businesses take payments anywhere, making it easier for customers to shop both online and in person.
Innoviti already works with big companies like Reliance and Tanishq.
They process a lot of money every year and have many merchants using their services.
This approval is a big deal because it shows that their systems are trusted and secure.
Innoviti Technologies received RBI authorization to operate as a Payment Aggregator for both online and in-store payments.
The company previously had authorization only for online payment aggregation.
Innoviti's platform enables seamless payments across digital and physical channels for enterprises and SMEs.
The company processes over ₹80,000 crore annually across 2,000+ cities and 50,000+ merchants.
Innoviti is backed by investors such as Bessemer Venture Partners, FMO, Catamaran Ventures, and the Patni Family Office.
- Who
- Innoviti Technologies Pvt. Ltd.
- What
- Received expanded RBI authorization to operate as a Payment Aggregator for both online and in-store payments.
- When
- January 13, 2024
- Where
- Bengaluru, Karnataka, India
- Why
- To enable seamless, compliant payments across digital and in-store channels for enterprises and SMEs.
- Company
- Innoviti Technologies Pvt. Ltd.
- Location
- Bengaluru, Karnataka, India
- Authorization Date
- January 13, 2024
- RBI Authorization
- Payment Aggregator for online and in-store payments
- Key Clients
- Reliance, Tanishq, Shoppers Stop
- Annual Payment Processing
- ₹80,000 crore
- Merchant Base
- 50,000+ merchants
- Investors
- Bessemer Venture Partners, FMO, Catamaran Ventures, Patni Family Office