On February 16, 2022, Infibeam Avenues, a BSE listed Fintech solution provider based in India, announced its entry into “Fintech Management Startup Space.” It became the first company to initiate and implement facility and project management services. The operations are to take place in the startup ecosystem of Gujarat.

Its wholly-owned subsidiary Infibeam Project Management Private Limited (IPML) will carry out the company’s operations. IPML will operate in GIFT CITY (Gujarat International Finance Tec-City, Gandhinagar, Gujarat). They will equip startups with pre-build infrastructure, tools and resources for growth and development.

What is Fintech Startup Management Space –

A recent and emerging business model, Fintech Startup Management Space is budding into existence and promises future potential. The startups are provided with complex tech and software infrastructure. They receive licensed and free software tools, among other resources. The aim is to let the startups focus on their core business activity.

What Infibeam Avenues has to say –

Mr. Vishal Mehta, MD Infibeam Avenues Ltd., said,” This time, Gujarat won’t miss the IT bus. Technologies have evolved, and with a tech-friendly new policy, the state will attract a large number of software & fintech startups and companies. Our new venture – Infibeam Project Management Private Ltd, will tap the new emerging opportunities by aiding the software & fintech startups with required pre-build infrastructure and ecosystem.”

About Inifbeam Avenues Ltd.-

Vishal Mehta, MD Infibeam Avenues Ltd.
Mr. Vishal Mehta, MD, Infibeam Avneues

Infibeam Avenues Ltd. is an Indian multinational Financial technology company. It provides a platform for digital payments and e-commerce technological solutions. They also serve comprehensive Digital Payment web solutions under the brand name CCAvneue. Besides, the company includes data infrastructure, software platforms and enterprise software solutions. Their target customer base is the merchant-class, enterprises, corporates and governments to enable online commerce. The firm deals in the B2B model.

Having a robust base of operations in India, they also own their presence in international markets. Kingdom of Saudi Arabia, United Arab Emirates and the United States, to name a few. The company boasts of having headquarters in GIFT city, Gandhinagar, Gujarat. 

They also have offices in Mumbai, Delhi and Bangalore. In addition to domestic offices, they have offices overseas as well, such as UAE, KSA and the USA. Brought into existence in 2010 by Vishal Mehta, the firm aims to execute digital transactions in a safe and secure manner. They live up to their mantra,i.e. “Enabling Digital Transaction Globally.”

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Jasleen Bhatia works as a content writer for VCBay News. She is pursuing her final semester in Bachelor of Business Administration from IIPS, DAVV. Driven by her keen interest in entrepreneurship and finance, she writes business-related articles.

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