Infibeam Avenues’ AI-driven payments strategy fuels record revenue growth in Q2 2026
Infibeam Avenues, a leading financial technology and AI-driven payments company, has reported a significant boost in revenue and profit for the second quarter of the fiscal year 2026. The company, which shifted its strategy to focus solely on financial technology and AI-driven payments, saw a remarkable increase in its financial performance.
The company's profit after tax surged by 45% year-on-year to Rs 68 crore, reflecting its strong financial health. This growth was driven by a substantial increase in operating revenue, which nearly doubled year-on-year to Rs 1,965 crore. Notably, the e-commerce platform division expanded by nearly 50% year-on-year to about Rs 65 crore, contributing significantly to the overall revenue growth.
The shift in strategy, which involved Reliance Industries selling its platform business sectors and acquiring a majority stake in Yahoo Finance, has proven successful. The total payment volume reached 117.2 crore transactions, marking a 33% increase year-on-year. Consequently, payment revenues grew by more than 95% to Rs 1,900 crore. Despite the increased expenses, which rose by 98% to Rs 1,891 crore, the company's profit margin remained robust.
Infibeam Avenues' transformation into a pure-play financial technology and AI-driven payments company has yielded impressive results. With Yahoo Finance driving the AI-first platform strategy, the company is well-positioned to continue its growth trajectory in the competitive financial technology landscape.
