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AvenuesAI Q1 profit rises 45% to ₹85 crore, revenue doubles

GenevaTimes by GenevaTimes
August 12, 2026
in Business
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AvenuesAI Q1 profit rises 45% to ₹85 crore, revenue doubles
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Vishal Mehta, Chairman and Managing Director

Vishal Mehta, Chairman and Managing Director

AvenuesAI Ltd, a GIFT City-based fintech company, has reported that its net profit in the June quarter was up 45 per cent at ₹85 crore.

Revenue more than doubled to ₹2,680 crore. EBITDA grew 41 per cent to ₹100 crore.

The company targets revenue to hit the ₹13,000 crore mark from ₹11,000 crore in FY’27.

Board approves face value increase

The Board has approved a proposal to increase the face value of the company’s equity shares from ₹1 to ₹10 to rationalise and simplify its capital structure.

AvenuesAI outlines Rediff growth strategy

The company plans to focus on three areas to unlock the value of Rediff: taking CCAvenue deeper into the US market and building an AI-led transaction intelligence score (TISco) platform to drive future growth.

Beginning with Rediff.com, which AvenuesAI wants to transform from a legacy content and email business into a broader digital platform spanning content, consumer payments, and enterprise services.

The move will position Rediff as a cornerstone of AvenuesAI’s FY27 growth plans, especially given that the subsidiary recently received SEBI approval for its IPO, it said.

US identified as key strategic market

The company has identified the United States as a key strategic market for international payments in the coming fiscal year. AvenuesAI plans to harness CCAvenue’s expertise in digital transactions and enterprise payments to build a scalable presence in the US payment market.

TISco to create AI-led transaction intelligence layer

The company plans to combine the footprint of its proprietary Transaction Intelligence Score (TISco) across payments, merchants, transaction data, and artificial intelligence with AvenuesAI to build an intelligence layer. It will analyse permitted signals from transaction behaviour, merchant activity, payment patterns, settlement history and customer behaviour.

Unlike a conventional credit score, TISco would offer a dynamic, holistic view of how a digital business and its transactions operate.

Vishal Mehta, Chairman and Managing Director, said the company’s next phase of growth will be on turning the intelligence embedded in transactions into new products, capabilities and sources of value.

He said AvenuesAI believes TISco can become an intelligence layer across its ecosystem, with potential applications in risk, fraud, merchant intelligence and financial services.

Published on August 12, 2026

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