Innoviti

An instrument for the delivery of Collaborative Commerce services that brings together brands, banks and merchants under one roof.

Launch date

Dec 2002

Employees

Market cap

Enterprise valuation

CAD150m (Public information from Aug 2024)

Bengaluru Karnataka (HQ)

Date	Investors	Amount	Round
-	Ratan Tata	N/A	-
Mar 2014	Tata Capital Tata Cleantech Capital	$1.6m	Seed
Jul 2015	Catamaran Ventures	$5.0m	Series A
Jul 2017	Bessemer Venture Partners SBI Ven Capital Catamaran Ventures	$18.0m	Series B
Mar 2019	Trifecta Capital Advisors	$11.5m	Debt
Feb 2020*	FMO Entrepreneurial Development Bank	$5.0m	Debt
Jun 2020	Bessemer Venture Partners FMO Entrepreneurial Development Bank	N/A	Series C
Mar 2021	Bessemer Venture Partners Trifecta Capital	$5.6m	Series C
Jan 2022*	Bessemer Venture Partners Trifecta Capital Advisors Bharat Jaisinghani Sanjoy Bhattacharya Patni Wealth Advisors	$5.4m	Series D
Jan 2022*	Bessemer Venture Partners Trifecta Capital Advisors Bharat Jaisinghani Sanjoy Bhattacharya Patni Wealth Advisors	$5.4m	Debt
May 2022*	FMO Entrepreneurial Development Bank Alumni Ventures	$10.0m	Series D
Jun 2022*	Alumni Ventures	$22.0m	Series D
Apr 2024*	Bessemer Venture Partners The Patni Family Office	$4.8m Valuation: $110m	Series E
Aug 2024*	Bessemer Venture Partners Alumni Ventures The Patni Family Office	$4.3m Valuation: $110m	Series E
Aug 2024*	N/A	$4.3m	Debt
Total Funding		CAD104m

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