Infibeam Avenues Limited: history, ownership, mission, how it works & makes money

A Brief History of Infibeam Avenues Limited

Infibeam Avenues Limited, established in 2007, has emerged as a prominent player in the Indian digital commerce and technology sector. The company's initial product, Infibeam.com, was launched as an online marketplace that provided various services, including e-commerce, online payments, and digital marketing solutions.

In 2016, Infibeam Avenues Limited made history by becoming the first Indian e-commerce company to list on the stock exchange, specifically on the BSE (Bombay Stock Exchange). The initial public offering (IPO) was priced at ₹330 per share and raised a significant amount of ₹450 crore.

Over the years, Infibeam has diversified its offerings. The company entered the SaaS (Software as a Service) domain, helping businesses with technology solutions that drive sales and streamline operations. In 2018, it reported a revenue growth of 20% year-on-year, showcasing its adaptability and market penetration.

In March 2021, Infibeam Avenues acquired a controlling stake in OPG Securities, a financial services firm, for ₹100 crore. This strategic move expanded its footprint in the financial services segment.

As of October 2023, Infibeam Avenues reported consolidated revenue of ₹216.55 crore for the fiscal year 2022-23, reflecting a growth of 25% compared to the previous financial year. The EBITDA stood at ₹41.70 crore, which marked an improvement in operational efficiency.

Infibeam's commitment to innovation is evident in its investment in blockchain technology. In 2022, Infibeam Avenues announced a partnership with the National Payments Corporation of India (NPCI) to develop blockchain-based payment solutions. This development aligns with the increasing trend of digital transformation in the Indian economy.

As of Q2 FY 2023, the company’s stock price fluctuated around ₹88 per share, with a trading volume averaging 1.5 million shares per day. The stock has seen a 15% increase over the last year, reflecting growing investor confidence in digital commerce.

The company's strategic focus on innovation and acquiring complementary businesses sets it apart from competitors. Infibeam Avenues continues to invest significantly in technology to enhance its platforms and services, aiming for sustainable growth in a rapidly evolving market environment.

A Who Owns Infibeam Avenues Limited

Infibeam Avenues Limited, listed on the National Stock Exchange of India and the Bombay Stock Exchange, has a diverse ownership structure, combining institutional stakeholders and retail investors.

As of the latest available data, the shareholding pattern is as follows:

The major promoter of Infibeam Avenues Limited is Vishal Mehta, who plays a pivotal role in the company's strategic direction. According to the latest report, he holds approximately 35.00% of the total equity share capital.

The company has witnessed fluctuations in shareholding over the past quarters. For instance, FIIs increased their stake by 2.00% from the previous year, reflecting growing confidence among international investors. In contrast, DIIs have maintained a stable presence, with only minor adjustments.

As of September 2023, the total market capitalization of Infibeam Avenues Limited stands around ₹3,500 crores.

The following table summarizes recent financial performance metrics:

Infibeam Avenues Limited focuses on digital payments and e-commerce solutions, contributing significantly to its revenue growth. The company reported a year-on-year revenue growth rate of 15.00% for FY 2023.

In terms of stock performance, Infibeam Avenues’ share price has shown resilience despite market volatility. As of the last trading session, the stock price closed at approximately ₹75.00, with a 52-week high of ₹95.00 and a 52-week low of ₹50.00.

Infibeam Avenues Limited Mission Statement

Infibeam Avenues Limited, a leading e-commerce and technology solutions provider in India, focuses on enhancing digital commerce services. The company's mission statement emphasizes utilizing technology to empower businesses and improve customer experiences across various sectors.

Infibeam Avenues aims to deliver high-quality, innovative solutions that facilitate seamless transactions and provide value to merchants as well as consumers. Their commitment to driving the digital economy is reflected in their strategic objectives and operational capabilities.

Core Objectives

• To provide cutting-edge technology solutions for e-commerce platforms.
• To empower SMEs with affordable digital tools for online presence.
• To ensure data security and privacy in digital transactions.
• To maintain a customer-centric approach in all services offered.

Recent Financial Performance

Infibeam Avenues reported a revenue of INR 467.41 million for the financial year ending March 2023, marking a growth of 10.65% year-over-year. The company has also demonstrated a steady increase in net profit, which reached INR 132.93 million, up from INR 103.29 million in the previous financial year.

Innovation and Technology Leadership

The company continuously invests in technology to uphold its mission. Infibeam Avenues focuses on developing robust payment gateway solutions that cater to more than 1,000 merchants and businesses, allowing for transactions processed exceeded INR 1 trillion annually. This commitment to innovation is central to their strategy, ensuring that they stay ahead in a rapidly evolving digital landscape.

Customer-Centric Approach

In line with their mission statement, the company prioritizes customer satisfaction. A recent survey indicated that 85% of users found Infibeam's services to exceed expectations, particularly in terms of user experience and transaction security. This feedback loop enhances their product development and service delivery.

Sustainability and Community Engagement

Infibeam Avenues also implements initiatives focused on sustainability. Their eco-friendly practices have led to a reduction in carbon emissions by 15% over the past year. Furthermore, they actively participate in community development programs, contributing INR 10 million towards educational initiatives in underserved areas.

How Infibeam Avenues Limited Works

Infibeam Avenues Limited, established in 2010, operates as a technology company specializing in e-commerce and payment solutions. The firm offers a wide array of services, including online retail, digital payments, and software solutions for businesses.

As of the financial year ending March 2023, Infibeam Avenues reported a total revenue of ₹1,034 crores, which represents a strong year-on-year growth of approximately 54% from ₹670 crores in the previous fiscal year. The company's net profit for the same period stood at ₹151 crores, up from ₹86 crores in FY 2022, marking an increase of 75%.

Infibeam operates primarily through two segments: digital payments and e-commerce. The digital payments segment contributes significantly to its revenue, offering services such as payment gateway solutions and merchant solutions. As per the latest financial analysis, the digital payment solutions segment generated ₹750 crores of revenue, accounting for approximately 72% of total revenues.

The e-commerce segment, which includes marketplace operations and logistics services, saw revenues of ₹284 crores, indicating a growth trajectory due to increasing online shopping trends. This segment has been bolstered by partnerships with various merchants, expanding their reach across different product categories.

Infibeam Avenues has positioned itself strategically within the market. It claims to serve over 1.5 million merchants and has facilitated transactions worth over ₹40,000 crores across its platforms. The company is also working on enhancing its technological capabilities to compete in the fast-evolving digital landscape.

In terms of market performance, Infibeam Avenues' stock has demonstrated resilience. As of October 2023, the stock price was approximately ₹60, reflecting an increase of about 25% year-to-date. The company has also been included in the Nifty Smallcap 100 index, enhancing its visibility among investors.

To support its operations and growth, Infibeam has invested significantly in technology and infrastructure. The company's R&D spending increased to ₹50 crores in FY 2023, representing 15% of total revenue, aimed at enhancing their digital offerings and payment solutions.

Furthermore, Infibeam has been active in forging partnerships with various banks and financial institutions to expand its payment gateway services. This approach has allowed them to improve transaction processing capabilities, catering to a growing demand for seamless payment experiences.

Infibeam's competitive edge lies in its integrated platform that combines e-commerce and payment solutions, catering to both B2B and B2C sectors. The firm is also exploring international markets, having launched its services in the Middle East and North America, anticipating a revenue contribution of approximately 10% from these regions in the coming fiscal years.

Overall, Infibeam Avenues Limited’s operations reflect a robust business model that adapts to evolving consumer behaviors and technological advancements, positioning itself as a key player in the Indian digital ecosystem.

How Infibeam Avenues Limited Makes Money

Infibeam Avenues Limited operates primarily in the e-commerce and payment solutions sector in India. The company generates revenue through various business segments, including its payment gateway services, e-commerce platform, and software solutions.

Revenue Streams

• Payment Gateway Services: Infibeam Avenues provides payment processing services to merchants, charging a fee per transaction. For FY 2023, the company reported a transaction value of ₹1,200 crores, which contributed 50% to the total revenue.
• E-commerce Services: The company operates an online marketplace that allows third-party sellers to list their products. Revenue from this segment was approximately ₹450 crores, accounting for 30% of total revenue in FY 2023.
• Software Solutions: Infibeam also provides technology solutions for online businesses, which generated around ₹300 crores, representing 20% of the total revenue.

Financial Performance

For the fiscal year 2023, Infibeam Avenues reported the following financial metrics:

Market Position and Growth

Infibeam Avenues has strategically positioned itself within the rapidly growing Indian e-commerce market, which is projected to reach ₹7 lakh crores by 2024. The company's user base has also expanded, boasting nearly 20 million registered users on its platform as of Q2 2023.

Partnerships and Collaborations

The company has entered various partnerships to enhance its service offerings. Notably, its collaboration with major banks has expanded its reach in payment solutions, resulting in an increase in transaction volumes. The partnership with Axis Bank, for instance, enabled Infibeam to process over 50 million transactions in the last fiscal year.

Future Outlook

Infibeam Avenues is focusing on expanding its payment gateway services internationally, aiming for a growth target of 30% year-on-year in this segment. The company's investment in technology and infrastructure is expected to improve transaction speeds and reduce costs, further enhancing profitability.