According to the source, CCAvenue, one of India's leading payment gateways and also a brand of Infibeam Avenues, is already in the process of integrating PayCentral into its ecosystem, a move that would bring A2A payment capabilities to thousands of merchants nationwide
Deven Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 19 in its research report dated August 25, 2025.
The move creates a 'growth runway' for both Infibeam and Rediff, said Vishal Mehta, Chairman and Managing Director, Infibeam Avenues.
Fintech firm Infibeam Avenues will utilise funds to support its expansion in artificial intelligence (AI) and digital payments.
Deven Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 24 in its research report dated May 28, 2025.
Infibeam Avenues earnings: The board has approved a Rs 700-crore rights issue to fund consumer app RediffPay launch, AI data centres, international payments and global AI marketplace
Shares of Infibeam were sharply higher in trade, up over a percent after the announcement.
KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 27.8 in its research report dated February 05, 2025.
KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 33 in its research report dated November 13, 2024.
Given the weak sentiment, the market may extend its downward journey in the upcoming sessions. Below are some trading ideas for the near term.
Indian markets ended weaker, with the Sensex down 0.5 percent at 81,523.16, and the Nifty slipping 0.5 percent to 24,918.45. Here are some stocks that moved the most in trade today.
KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 37 in its research report dated August 07, 2024.
Infibeam Avenues Share Price | The company has entered into a definitive agreement for a 54 percent stake in Rediff.com India for cash consideration.
KR Choksey is bullish on Infibeam Avenues has recommended buy rating on the stock with a target price of Rs 37.6 in its research report dated May 21, 2024.
Avenues World FZ-LLC is raising $25 million through a pre-IPO round and will cease to be a wholly owned step-down subsidiary of Infibeam Avenues after the round