Infibeam Avenues rebrands as AvenuesAI, elevates Vishwas Patel to MD and CEO

Infibeam Avenues plans to change its name to AvenuesAI Ltd as part of a broader shift in its business strategy. 

The rebrand, approved in principle by the board, is subject to statutory and regulatory clearances. The company said the new identity reflects its transition from a payments and e-commerce infrastructure provider to an AI-driven digital payments and fintech business.

Infibeam also planned a leadership change with the elevation of Vishwas Patel, currently Joint Managing Director, to the role of Managing Director and Chief Executive Officer. Vishal Mehta will continue as Chairman and Managing Director, focusing on long-term strategy and the company’s AI-led roadmap.

As part of the same board meeting, the company appointed Neharika Vohra as an Additional Women Director (non-executive, independent) for a five-year term beginning December 11, 2025. 

Vohra has held leadership roles in entrepreneurship programmes at IIMA Ventures.

Infibeam Avenues operates across India and multiple overseas markets, including the UAE, Saudi Arabia, Australia and the US. It also works with major banks in Oman. The company said global expansion in payments offers stronger unit economics, and the rebrand supports this ambition.

The business reported 84% revenue growth in H1 FY26 and a 26% rise in TPV year-on-year. CCAvenue will continue as the primary brand for its payment gateway and related merchant services. The platform works with more than 200 banks and financial institutions.

Infibeam Avenues processed transactions worth Rs 8.67 trillion in FY25 and serves more than 10 million merchants and enterprise customers across its payments and platform businesses.