The fintech company formerly known as Infibeam Avenues Limited recorded a significant expansion in gross revenue and transaction volumes for the quarter ended December 31, 2025. This growth coincided with the securing of multiple regulatory authorizations and the launch of artificial intelligence-integrated payment platforms.
AvenuesAI Limited (NSE: CCAVENUE) reported a 59% year-over-year increase in profit after tax for the third quarter of fiscal year 2026, reaching INR 861 million. The company’s gross revenue rose by 122% to INR 23,812 million during the same period, driven by a 69% increase in Transaction Processing Value (TPV), which totaled INR 1,361 billion. These results were accompanied by a formal corporate rebranding and the elevation of new leadership to oversee the transition toward AI-native transaction infrastructure.
Infibeam Avenues Rebrands to AvenuesAI Limited
The company finalized its rebranding from Infibeam Avenues Limited to AvenuesAI Limited to align its corporate identity with a strategic pivot toward AI-driven fintech services. In conjunction with the name change, the board announced the planned elevation of Vishwas Patel to the position of Managing Director and CEO. On the operational front, AvenuesAI launched PayCentral.ai, an agentic payment platform built on Google’s Agent Payment Protocol, and CCAvenue CommerceAI, which utilizes proprietary protocols to allow AI agents to orchestrate secure transactions. The company also secured several regulatory approvals, including an in-principle authorization from the RBI for Prepaid Payment Instruments and an Offline Payment Aggregator license.
Significant Revenue and Margin Growth
For the quarter ended December 31, 2025, AvenuesAI recorded net revenue of INR 1,485 million, representing a 6% increase from the INR 1,399 million reported in the prior-year quarter. EBITDA grew 25% year-over-year to INR 981 million, with the EBITDA margin as a percentage of net revenue expanding to 66% from 56%. The profit after tax margin as a percentage of net revenue saw a marked increase, rising to 58% compared to 39% in the same quarter of the previous fiscal year. While TPV expanded substantially, the payments net take rate (NTR) declined 45% to 6.1 basis points, a shift the company attributed to strategic volume expansion during the festive season. For the first nine months of fiscal 2026, gross revenue reached INR 56,263 million, a 99% increase over the same period in fiscal 2025.
Revised Guidance and Strategic Flywheel Model
Management has upwardly revised its full-year guidance for fiscal 2026. Gross revenue is now projected between INR 75,000 million and INR 80,000 million, compared to previous estimates of INR 50,000 million to INR 55,000 million. The guidance for profit after tax has also been raised to a range of INR 2,500 million to INR 2,750 million. The long-term strategy focuses on a “flywheel” model that integrates consumer acquisition via the Rediff portal with business operations on the RediffOne platform and payment processing through CCAvenue. The company aims for international markets to contribute between 12% and 15% of payments net revenue by fiscal 2028, with expansion plans targeting the GCC, USA, Australia, and Southeast Asia.
Expansion into Regulated Cross-Border Payment Services
AvenuesAI operates within a competitive landscape where it holds approximately an 8% share of India’s digital payments market and maintains an annualized TPV run-rate of INR 10 trillion. The company’s recent regulatory milestones, including in-principle approval from the IFSCA for cross-border payments at GIFT City, place it within the evolving framework of India’s international financial hubs. This expansion into regulated cross-border and offline payment services reflects broader industry trends toward omnichannel payment acceptance and the integration of automated, AI-led financial execution layers.