Fintech firm Infibeam Avenues saw a 3.6% revenue increase to Rs 753 crore and a 43% profit spike to Rs 70 crore in Q1 FY25. The payment business contributed 93.6% of total revenue. Operating expenses remained flat, aiding profit growth. Infibeam also acquired a 54% stake in Rediff.com.
By Vaishali Sharma
By Fundingraised