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AvenuesAI surged 122% in revenue, boosted by AI products and payments, with profit up 59% and new regulatory approvals.
AvenuesAI, formerly Infibeam Avenues, reported a 122% year-over-year revenue increase to INR 23,812 million in its third fiscal quarter, driven by AI-powered products, higher payment volume, and improved margins.
Net profit rose 59% to INR 861 million, EBITDA margins expanded to 66%, and the company raised full-year guidance.
It completed a rebranding, launched AI-driven payment platforms, and secured key regulatory approvals in India and GIFT City.
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Los ingresos de AvenuesAI aumentaron un 122%, impulsados por productos y pagos de IA, con un aumento de las ganancias del 59% y nuevas aprobaciones regulatorias.