CCAvenue

CCAvenue is one of India’s largest and most trusted payment gateway platforms, operated by Infibeam Avenues Limited—the first e-commerce and fintech company listed on the Indian stock exchange. CCAvenue delivers digital payment acceptance solutions for millions of businesses worldwide, spanning merchants, enterprises, corporations, and government entities. The company’s robust, PCI DSS 3.2.1 compliant platform supports over 240 payment options, including net banking, all major credit and debit cards, digital wallets and UPI, connecting more than 55 Indian banks in real time.

Core Products and Services

• Payment Gateway: Multi-currency processing via UPI, cards (credit/debit), net banking (58+ banks), wallets, and BNPL.

• Omnichannel Solutions: CCAvenue TapPay for offline merchants; Mobile App for unified payments.

• BuildaBazaar: E-commerce suite for enterprises/Govt (hosts GeM—₹4 lakh crore FY24 TPV).

• BillAvenue: BBPS-based utility bill payments.

• ResAvenue: Hospitality management system.

• Data Center Services: Tier-III certified infrastructure (GIFT City) offering IaaS/PaaS.

Business Model & Revenue Streams

• Transaction Fees (90%): MDR on processed payments (net take rate: 8.8 bps in FY24).

• SaaS Subscriptions (7%): Platform licensing for enterprises/Govt.

• Data Center Services (3%): Cloud/compute solutions.

Customer Segmentation

• B2B Focus: 3 million+ merchants; 70% SMBs, 30% enterprises/Govt.

Top Clients & Partnerships

• Key Clients: Myntra, Lakme, Baggit, Bombay Dyeing; GeM (₹4 lakh crore FY24 TPV).

• Bandhan Bank: EMI integration for 6,200+ banking outlets.

• ShopSe: BNPL solutions expanding to 50,000+ merchants.

• Saudi Awwal Bank: MOU for Saudi market entry (Vision 2030 alignment).

• Shivalik SFB: Internet banking access for 600k+ customers.

Future Outlook & Strategic Priorities

• Global Expansion: UAE subsidiary IPO ($25M pre-IPO); US entry via 20% stake in Xduce.

• AI Integration: THEIA platform for automated video analytics and risk management.

• Lending Vertical: Merchant financing using transaction data (pilot: 2025).

• Regulatory Pressures: RBI compliance costs; UPI MDR uncertainty.