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		<title>&gt;GermanKity at 04:52, 28 June 2021</title>
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&lt;p&gt;&lt;b&gt;New page&lt;/b&gt;&lt;/p&gt;&lt;div&gt;{{Short description|Indian financial technology company}}&lt;br /&gt;
{{Use dmy dates|date=March 2016}}&lt;br /&gt;
{{Use Indian English|date=November 2015}}&lt;br /&gt;
{{Infobox company&lt;br /&gt;
| name               = Infibeam Avenues Limited&lt;br /&gt;
| logo               = Ia-infibeam-avenues.png&lt;br /&gt;
| logo_size          = &lt;br /&gt;
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| logo_alt           = Infibeam logo&lt;br /&gt;
| collapsible        = &lt;br /&gt;
| former_name        = &lt;br /&gt;
| owner              = &amp;lt;!-- or: | owners = --&amp;gt;&lt;br /&gt;
| revenue            = {{INR}}300 crores/{{INR}}3 billion&amp;lt;ref name=&amp;quot;Umarji&amp;quot;&amp;gt;{{cite news|last=Umarji|first=Vinay|title=Infibeam to foray into UAE market|url=http://www.business-standard.com/article/companies/infibeam-to-foray-into-uae-market-113110101033_1.html|access-date=6 November 2013|newspaper=Business Standard|date=1 November 2013}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
| footnotes          = &lt;br /&gt;
| company_type       = [[Public company|Public]]&lt;br /&gt;
| founded            = {{Start date|2007}}           &amp;lt;!-- if known: {{start date|df=yes|YYYY|MM|DD}} in [[city]], [[country]] --&amp;gt;&lt;br /&gt;
&amp;lt;!-- or: | creators = --&amp;gt;&lt;br /&gt;
| predecessor        = &amp;lt;!-- or: | predecessors = --&amp;gt;&lt;br /&gt;
| successor          = &amp;lt;!-- or: | successors = --&amp;gt;&lt;br /&gt;
| founder            = Vishal Mehta&lt;br /&gt;
| industry           = [[Internet]]&lt;br /&gt;
| services           = [[Online payment]]s, Internet services (data centres, domains), [[e-commerce software]]&lt;br /&gt;
| assets             = &lt;br /&gt;
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| traded_as          = {{NSE|INFIBEAM}}&amp;lt;br /&amp;gt;{{BSE|539807}}&lt;br /&gt;
| ISIN               = &lt;br /&gt;
| defunct            = &amp;lt;!-- {{end date|df=yes|YYYY|MM|DD}} --&amp;gt;&lt;br /&gt;
| fate               = &lt;br /&gt;
| location           = [[Ahmedabad]], India&lt;br /&gt;
| num_locations      = &lt;br /&gt;
| num_locations_year = &amp;lt;!-- Year of num_locations data (when known) --&amp;gt;&lt;br /&gt;
| area_served        = [[India]], [[Middle East]]        &amp;lt;!-- or: | areas_served = --&amp;gt;&lt;br /&gt;
| production_year    = &amp;lt;!-- Year of production data (when known) --&amp;gt;&lt;br /&gt;
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| num_employees      = 1300 (in 2015)&lt;br /&gt;
| subsid             = &lt;br /&gt;
| module             = &amp;lt;!-- Used to embed other templates --&amp;gt;&lt;br /&gt;
| website            = {{url|ia.ooo}}&lt;br /&gt;
}}&lt;br /&gt;
&lt;br /&gt;
&amp;#039;&amp;#039;&amp;#039;Infibeam Avenues Limited&amp;#039;&amp;#039;&amp;#039; is an [[India]]n multinational financial technology company which offers enterprise digital payment solution globally under the brand name CCAvenue and enterprise e-commerce software platform (&amp;#039;marketplace&amp;#039;) services to businesses across various industry verticals and government.&amp;lt;ref&amp;gt;{{cite web |last1=Dutta |first1=Vishal |title=Fintech firm Suvidhaa plans e-commerce foray |url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/fintech-firm-suvidhaa-plans-e-commerce-foray/articleshow/70732595.cms |website=[[The Economic Times]] |date=19 August 2019}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web |title=Migration Message |url=https://www.suvideals.ooo/static/help/migration_message.pdf |website=Suvideals.ooo }}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== History ==&lt;br /&gt;
&lt;br /&gt;
Infibeam Avenues Limited, formerly known as Infibeam Incorporation Limited was founded in 2007 by Vishal Mehta and is headquartered in Gift City Gandhinagar, India with offices in Delhi, Mumbai and Bengaluru.&amp;lt;ref&amp;gt;{{cite web|last=S. Prem Kumar|title=Infibeam&amp;#039;s double-edged strategy|url=http://www.thesmartceo.in/magazine/growth-enterprise/infibeams-double-edged-strategy.html|publisher=The Smart CEO|access-date=29 April 2013}}&amp;lt;/ref&amp;gt; The company was started with an initial capital of {{INR}}100-150 million.&amp;lt;ref&amp;gt;{{cite news|last1=Suresh P. Iyengar|title=No competitors here, all are partners|url=http://www.thehindubusinessline.com/industry-and-economy/no-competitors-here-all-are-partners/article5207103.ece|access-date=8 December 2014|publisher=The Hindu Business Line|date=6 October 2013}}&amp;lt;/ref&amp;gt; The Company started with online marketplace and expanded into software enabling services in 2011. Infibeam Avenues limited became India’s first listed E-commerce Company on Indian Stock Exchange in 2016. In 2014, Infibeam Avenues launched new generic top level domain ([[.OOO]]). The Company become first internet registry in India to launch a generic, top-level domain ‘dot triple O’.&amp;lt;ref name=&amp;#039;toi&amp;#039;&amp;gt;{{cite news |title=Ahmedabad firm introduces DOT TRIPPLE O power domain for internet - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/Ahmedabad-firm-introduces-DOT-TRIPPLE-O-power-domain-for-internet/articleshow/43535537.cms |work=The Times of India |language=en}}&amp;lt;/ref&amp;gt; In 2017, post Avenues India Pvt limited merger, Infibeam Avenues Limited to enter into Fintech space and today Infibeam Avenues is one of the leading Enterprise Digital Payment Solution provider companies in India and Middle East under the brand name CCAvenue. Infibeam Avenues limited partnered and contracted with JPL and its affiliates, to licence its Enterprise Ecommerce Software Platform and Enterprise Digital Payment Platform, for their internal businesses. .&amp;lt;ref&amp;gt;{{cite web|last=Pahwa|first=Nikhil|title=Confirmed: Infibeam Acquires Picsquare.com|url=http://www.medianama.com/2008/11/223-confirmed-infibeam-acquires-picsquarecom/|work=MediaNama|access-date=29 April 2013}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news|title=India gets 2nd e-book reader Wink XTS|url=http://timesofindia.indiatimes.com/business/india-business/India-gets-2nd-e-book-reader-Wink-XTS/articleshow/6358386.cms|access-date=18 January 2017|newspaper=The Times of India|date=20 August 2010}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In 2008, Infibeam acquired Picsquare.com, a personalised photo printing website. In 2014, it acquired Odigma, a digital marketing company, for {{US$|5{{nbsp}}million|link=yes}}.&amp;lt;ref&amp;gt;{{cite news|last=Pandit|first=Virendra|title=Infibeam acquires digital marketer ODigMa for $5 mn|url=http://www.thehindubusinessline.com/companies/infibeam-acquires-digital-marketer-odigma-for-5-mn/article5722504.ece|access-date=2 March 2014|newspaper=The Hindu Business Line|date=24 February 2014}}&amp;lt;/ref&amp;gt; In 2017, it signed a Memorandum of Understanding (MOU) to acquire DRC Systems, a provider of enterprise ERP solutions and customized software for e-commerce applications.&lt;br /&gt;
&lt;br /&gt;
In March 2017, Infibeam Avenues and Avenues (India) Private Limited entered into binding agreement to merge and take control of CCAvenue through Equity Stake.&amp;lt;ref name=&amp;#039;TC&amp;#039;&amp;gt;{{cite web |title=Infibeam set to merge payment gateway firm CCAvenue with itself |url=https://www.techcircle.in/2017/02/14/infibeam-set-to-merge-payment-gateway-firm-ccavenue-with-itself/ |website=Techcircle |date=14 February 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Acquisitions and Partnership ==&lt;br /&gt;
In November, 2020, Infibeam Avenues collaborated with [[Bank Muscat]], a financial services provider in the Sultanate of Oman.&amp;lt;ref&amp;gt;{{cite news |last1=Dave |first1=Sachin |title=Infibeam enters Oman e-commerce market, ties up with Bank Muscat |url=https://economictimes.indiatimes.com/tech/startups/infibeam-enters-oman-e-commerce-market-ties-up-with-bank-muscat/articleshow/79383799.cms |work=The Economic Times}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
On October 14th, 2020, Infibeam Avenues entered into definitive agreement with [[JPMorgan Chase|JPMorgan Chase Bank]] to use Company’s flagship enterprise payment platform CCAvenue for processing transactions of its enterprise clients.&amp;lt;ref&amp;gt;{{cite news |last1=Market |first1=Capital |title=Infibeam Avenues rises on signing agreement with JP Morgan |url=https://www.business-standard.com/article/news-cm/infibeam-avenues-rises-on-signing-agreement-with-jp-morgan-120101400800_1.html |work=Business Standard India |date=14 October 2020}}&amp;lt;/ref&amp;gt; The company also signed a deal to license its e-commerce and payment software with [[Jio Platforms]], [[Reliance Jio]]&amp;#039;s digital platform venture.&amp;lt;ref&amp;gt;{{cite news |title=Infibeam Avenues signs deal to license ecommerce and payment software to Jio Platforms |url=https://economictimes.indiatimes.com/markets/stocks/news/infibeam-avenues-signs-deal-to-license-ecommerce-and-payment-software-to-jio-platforms/articleshow/78498722.cms |publisher=[[The Economic Times]] |date=October 5, 2020|access-date=2020-10-11}}&amp;lt;/ref&amp;gt; In 2017, Infibeam and its other partners received a contract to manage the Government e-Marketplace (GeM) portal.&amp;lt;ref&amp;gt;{{cite news |last1=Suneja |first1=Kirtika |last2=Agarwal |first2=Surabhi |title=Intellect, Infibeam bag contract for government marketplace |url=https://economictimes.indiatimes.com/tech/ites/intellect-infibeam-bag-contract-for-government-marketplace/articleshow/59745255.cms |publisher=[[The Economic Times]] |date=July 25, 2017|access-date=2020-10-11}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
On October 9th, 2020, Infibeam Avenues partnered with Oman’s Bank Dhofar SAOG to offer CCAvenue Payment Gateway Service to process online card transactions of various payment networks for Bank Dhofar SAOG and help the bank to authorise online payment for its customers.&amp;lt;ref&amp;gt;{{cite news |title=Infibeam Avenues inks deal with Oman’s Bank Dhofar for online payments |url=https://www.financialexpress.com/industry/banking-finance/infibeam-avenues-inks-deal-with-omans-bank-dhofar-for-online-payments/2101513/ |work=The Financial Express |date=9 October 2020}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In June 2020, Infibeam Avenues acquired Bengaluru-based Cardpay Technologies Ltd.&amp;lt;ref&amp;gt;{{cite news |title=Infibeam Avenues acquires Cardpay Technologies |url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/infibeam-avenues-acquires-cardpay-technologies/articleshow/76257531.cms |work=The Economic Times}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In August 2019, Infibeam Avenues partnered with [[Riyad Bank]] for digital payments solution and with this the company has made inroads into Saudi Arabia’s digital payment space.&amp;lt;ref&amp;gt;{{cite news |last1=Dutta |first1=Vishal |title=Riyad Bank: CCAvenue collaborates with Riyad Bank to make inroads into Saudi Arabia&amp;#039;s digital payment space |url=https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/ccavenue-collaborates-with-riyad-bank-to-make-inroads-into-saudi-arabias-digital-payment-space/articleshow/71213181.cms |work=The Economic Times}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In December 2018, Infibeam Avenues invested to take 48% stake in Mumbai-based digital payments tech firm Instant Global Paytech Pvt. Ltd (IGPL), which operates Go Payments.&amp;lt;ref&amp;gt;{{cite news |title=Infibeam Avenues invests in Instant Global Paytech |url=https://www.businesstoday.in/pti-feed/infibeam-avenues-invests-in-instant-global-paytech/story/296938.html |work=www.businesstoday.in}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In March 2017, Infibeam Avenues acquired DRC Systems India Pvt Ltd, a company engaged in the business of providing software solutions for enterprise E-commerce, ERP and related solutions.&amp;lt;ref&amp;gt;{{cite news |last1=Dutta |first1=Vishal |title=Infibeam acquires cloud ERP solutions provider DRC Systems |url=https://economictimes.indiatimes.com/small-biz/startups/infibeam-acquires-cloud-erp-solutions-provider-drc-systems/articleshow/57447323.cms |work=The Economic Times}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In March 2017, Infibeam Avenues and Avenues (India) Private Limited entered into binding agreement to merge and take control of CCAvenue through Equity Stake.&amp;lt;ref name=&amp;#039;TC&amp;#039;&amp;gt;{{cite web |title=Infibeam set to merge payment gateway firm CCAvenue with itself |url=https://www.techcircle.in/2017/02/14/infibeam-set-to-merge-payment-gateway-firm-ccavenue-with-itself/ |website=Techcircle |date=14 February 2017}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In October 2017, Infibeam Avenues has entered into MoU with IL&amp;amp;FS Townships &amp;amp; Urban Assets Limited (&amp;quot;ITUAL&amp;quot;) for undertaking and implementing projects in digital space and e-commerce for Central Government, various State Governments and Private Partners.&amp;lt;ref&amp;gt;{{cite web |title=Infibeam Incorporation shines 7% after signing MoU with IL&amp;amp;FS |url=https://www.indiainfoline.com/article/news-top-story/infibeam-incorporation-shines-7-after-signing-mou-with-il-fs-116102700813_1.html |website=www.indiainfoline.com |language=en}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
In July 2017, Infibeam Avenues along with consortium partners were rewarded contract for Managed Service Provider from Government of India to design, develop, implement, operate and maintain Government e-Marketplace portal “GeM”.&amp;lt;ref&amp;gt;{{cite news |last1=Suneja |first1=Kirtika |last2=Agarwal |first2=Surabhi |title=Intellect, Infibeam bag contract for government marketplace |url=https://economictimes.indiatimes.com/tech/ites/intellect-infibeam-bag-contract-for-government-marketplace/articleshow/59745255.cms |work=The Economic Times}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== Businesses ==&lt;br /&gt;
&lt;br /&gt;
Infibeam&amp;#039;s businesses include e-commerce platform software service through &amp;#039;buildabazaar.com&amp;#039;, digital Payments, domain names and other internet services. The turnover of the company was reported to be {{INR}}10 billion as of November 2013.&amp;lt;ref name=&amp;quot;Umarji&amp;quot; /&amp;gt;&amp;lt;ref&amp;gt;{{cite news|last=Rohin Dharmakumar|title=How the Rise of Third Party Marketplaces can Alter Indian E-Commerce|url=http://forbesindia.com/article/real-issue/how-the-rise-of-third-party-marketplaces-can-alter-indian-ecommerce/35209/4|access-date=10 June 2013|newspaper=Forbes India|date=13 May 2013}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== Digital Payments ===&lt;br /&gt;
In 2016, Avenues India Pvt Ltd merged with Infibeam to enter into fintech segment. Infibeam Avenues limited offer Enterprise Digital Payment Solution under the brand name CCAvenue to banks and enterprise clients in India and the United Arab Emirates, Kingdom of Saudi Arabia, The United States of America, internationally. CCAvenue is a PCI DSS 3.2.1 compliant payment gateway platform offering merchants with over 240 payment options including net-banking.&amp;lt;ref name=&amp;#039;TC&amp;#039;/&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== Enterprise Ecommerce Software Platform  ===&lt;br /&gt;
Infibeam Avenues&amp;#039; Enterprise Ecommerce Software Platform BuildaBazaar hosts India&amp;#039;s largest online marketplace for government procurement. The Company also entered into definitive agreement with Jio Platform Limited to offer its Enterprise Software licence and Enterprise Digital Payments Platform to Jio Platforms and its associates for their internal businesses.&amp;lt;ref&amp;gt;{{cite news|title=TTK Prestige Announces e-Commerce Alliance with Infibeam.com|url=http://economictimes.indiatimes.com/cmpnewsdisp.cms?companyid=8711&amp;amp;newsid=334825|access-date=5 May 2013|newspaper=The Economic Times|date=21 January 2010}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web|last=S. Prem Kumar|title=Infibeam&amp;#039;s double-edged strategy|url=http://www.thesmartceo.in/magazine/growth-enterprise/infibeams-double-edged-strategy.html|work=The Smart CEO|access-date=4 May 2013}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web|url=http://ecommwire.com/?id=42197 | title=Infibeam.com &amp;amp; NDTV Enter Into eCommerce Alliance |access-date=15 June 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110929032040/http://ecommwire.com/?id=42197 |archive-date=29 September 2011 }}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web|url=http://www.efytimes.com/e1/45601/fullnews.htm |title=Hidesign Website Uses Infibeam.com&amp;#039;s Technology Platform |website=Efytimes.com |date=19 May 2010 |access-date=31 January 2016 |url-status=dead |archive-url=https://web.archive.org/web/20141006153736/http://www.efytimes.com/e1/45601/fullnews.htm |archive-date=6 October 2014 }}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
On November 20, 2017, Infibeam Avenues launched BillAvenue; an inter-operable digital bill payments platform built over the Bharat Bill Payment System (BBPS) infrastructure to enables service providers to accept bill payments from customers nation-wide, both through online and offline channel.&amp;lt;ref&amp;gt;{{cite news |title=Infibeam subsidiary Avenues India launches BillAvenue - ET Retail |url=https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/infibeam-subsidiary-avenues-india-launches-billavenue/61724316 |work=ETRetail.com |language=en}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== Logistics aggregation platform ===&lt;br /&gt;
&lt;br /&gt;
ShipDroid, a logistics aggregation platform launched in January 2015, to provide uniformity of logistics services to small merchants across all courier partners. The platform covers 20,000 pincodes across 600 cities. The platform lets merchants choose modes of delivery such as surface, rail, or air mode, and can opt for delivery commitment SLAs such as express or regular.&amp;lt;ref&amp;gt;{{cite news|title=Infibeam introduces logistics platform for online merchants|url=http://www.thehindubusinessline.com/features/smartbuy/tech-news/infibeam-introduces-logistics-platform-for-online-merchants/article6838879.ece|access-date=3 February 2015|publisher=Business Line|date=30 January 2015}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news|last1=Chitra Unnithan|title=Infibeam introduces logistic platform for merchants|url=http://timesofindia.indiatimes.com/tech/tech-news/Infibeam-introduces-logistic-platform-for-merchants/articleshow/46078197.cms|access-date=3 February 2015|work=The Times of India|date=31 January 2015}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web|last1=Vivek Pai|title=Infibeam launches logistics services marketplace ShipDroid|url=http://www.medianama.com/2015/02/223-infibeam-shipdroid/|website=Medianama.com|publisher=MediaNama|access-date=3 February 2015|date=3 February 2015}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
===Data Centre Infrastructure Services===&lt;br /&gt;
The Company forayed into the segment of infrastructure or data centre-as-a-service and have built a state-of-the-art Tier – III data centre in Gift City, Gandhinagar. It has received Tier-III design certification from Uptime Institute as it is equipped with fully redundant and dual-powered servers, storage, network links and other IT components.&amp;lt;ref&amp;gt;{{cite web |last1=George |first1=Aaron St |title=Infibeam Avenues receives Tier III Design Certification from Uptime Institute for its Data Center - equitybulls.com |url=https://uptimeinstitute.com/tier-certification/overview/26-news-external/1351-infibeam-avenues-receives-tier-iii-design-certification-from-uptime-institute-for-its-data-center-equitybulls-com |website=uptimeinstitute.com |language=en-gb}}&amp;lt;/ref&amp;gt; Infibeam Avenues has partnered with IBM India to develop implement and promote blockchain capabilities on the LinuxOne platform, the first of its kind in India.&amp;lt;ref&amp;gt;{{cite web |title=Infibeam Avenues Limited |url=https://www.ibm.com/case-studies/infibeam-journey-to-cloud |website=ibm.com |language=en-us}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite web |title=Infibeam Avenues partners with IBM to deploy blockchain solutions in India |url=https://www.techcircle.in/2018/12/21/infibeam-avenues-partners-with-ibm-to-deploy-blockchain-solutions-in-india/ |website=Techcircle |date=21 December 2018}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== .OOO Registry Services ===&lt;br /&gt;
{{Main|.ooo}}&lt;br /&gt;
Infibeam Avenues launched [[Generic top-level domain|generic top level domain (GTLD)]] ‘dot triple O’ or ‘[[.OOO]]’ internet registry in India in 2014. This new GTLD ‘.OOO’ is aimed at providing alternate domain registration solutions to next generation businesses that were unable to locate their brand name or business names on popular domains.&amp;lt;ref&amp;gt;{{cite news|title=Infibeam to offer &amp;#039;.ooo&amp;#039; for &amp;#039;.com-savvy&amp;#039; netizens|url=http://www.thehindubusinessline.com/features/smartbuy/tech-news/infibeam-to-offer-ooo-for-comsavvy-netizens/article6438980.ece|access-date=29 September 2014|publisher=The Hindu Business Line|date=23 September 2014}}&amp;lt;/ref&amp;gt;&amp;lt;ref name=&amp;#039;toi&amp;#039;/&amp;gt;&lt;br /&gt;
&lt;br /&gt;
=== E-book reader ===&lt;br /&gt;
In February 2010, Infibeam launched Pi, an [[E-reader|e-book reader]] that uses [[E Ink|E-Ink]] [[electronic paper]] technology. Pi has a six-inch screen with eight level grayscale non-backlit display.&amp;lt;ref&amp;gt;{{cite news|last=Pooja Chaturvedi|title=E-book reader for Indian languages|url=http://www.livemint.com/Industry/h19P6edTvcFDJN4vZb76rI/Ebook-reader-for-Indian-languages.html|access-date=6 May 2013|newspaper=Live Mint|date=30 May 2010}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news|title=Infibeam Pi: Is this India&amp;#039;s killer IT product?|url=http://getahead.rediff.com/slide-show/2010/mar/30/slide-show-1-specials-e-book-reader-pi-is-this-Indias-killer-it-product.htm|access-date=27 October 2015|work=rediff.com|date=30 March 2010}}&amp;lt;/ref&amp;gt; The device has the capability to play music files, read [[Microsoft Word|Word]] documents and also supports 13{{nbsp}}Indian languages.&amp;lt;ref&amp;gt;{{cite web|last=Poonam Singhal|title=Indian ebook reader : Pi – Kindle&amp;#039;s rival|url=http://www.moneymint.in/business/indian-ebook-reader-pi-kindles-rival|archive-url=https://web.archive.org/web/20130529135237/http://www.moneymint.in/business/indian-ebook-reader-pi-kindles-rival|url-status=dead|work=Moneymint.in|archive-date=29 May 2013}}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news|last=Dhamini Ratnam |title=India serves Amazon, Apple some humble Pi |url=http://www.hindustantimes.com/India-news/Mumbai/India-serves-Amazon-Apple-some-humble-Pi/Article1-504695.aspx |access-date=3 May 2013 |newspaper=Hindustan Times |date=3 February 2010 |url-status=dead |archive-url=https://web.archive.org/web/20141010235641/http://www.hindustantimes.com/India-news/Mumbai/India-serves-Amazon-Apple-some-humble-Pi/Article1-504695.aspx |archive-date=10 October 2014 }}&amp;lt;/ref&amp;gt;&amp;lt;ref&amp;gt;{{cite news|last=Puneet Mehrotra |title=Desi Ebook Readers in India |url=http://www.hindustantimes.com/News-Feed/ColumnsOthers/Desi-Ebook-Readers-in-India/Article1-616927.aspx |access-date=3 May 2013 |newspaper=Hindustan Times |date=23 October 2010 |url-status=dead |archive-url=https://web.archive.org/web/20130201145631/http://www.hindustantimes.com/News-Feed/columnsothers/Desi-Ebook-Readers-in-India/Article1-616927.aspx |archive-date=1 February 2013 }}&amp;lt;/ref&amp;gt; In 2011, Infibeam launched the second version of its [[E-reader|e-book reader]], Pi2.&amp;lt;ref name=Businessline&amp;gt;{{cite news|last=Mahananda Bohidar|title=Reason enough to go digital? Infibeam Pi 2|url=http://www.thehindubusinessline.com/todays-paper/tp-smartbuy/reason-enough-to-go-digital-infibeam-pi-2/article1562891.ece?css=print|access-date=4 May 2013|newspaper=The Hindu Business Line|date=23 March 2011}}&amp;lt;/ref&amp;gt; Pi2 is a [[touchscreen]] device and has wireless connectivity. They claim the battery power lasts up to 8,000 page reads.&amp;lt;ref name=Businessline /&amp;gt; The company has over 500 thousand [[e-book]]s on its web store which readers can access from the reader to purchase [[e-book]]s.&amp;lt;ref&amp;gt;{{cite news|title=Infibeam launches Infibeam Pi2 e-reader|url=http://timesofindia.indiatimes.com/gadgets-special/Infibeam-launches-Infibeam-Pi2-e-reader/articleshow/7602300.cms|access-date=18 January 2017|newspaper=Times of India|date=1 March 2011}}&amp;lt;/ref&amp;gt; Infibeam followed the Pi2 with an [[Android (operating system)|Android]] tablet called Phi.&lt;br /&gt;
&lt;br /&gt;
== Awards and Recognition ==&lt;br /&gt;
*Best Digital Payment Processor India Digital Summit 2020, by IAMAI&amp;lt;ref&amp;gt;{{cite web |title=CCAvenue: CCAvenue awarded the &amp;#039;Best Digital Payment Processor&amp;#039; at IAMAI&amp;#039;s India Digital Summit 2020 |url=https://www.ccavenue.com/pr/CCAvenue-awarded-the-Best-Digital-Payment-Processor-at-IAMAIs-India-Digital-Summit-2020.jsp#:~:text=In%20recognition%20of%20its%20outstanding,Summit%202020%20presented%20by%20IAMAI. |website=www.ccavenue.com}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
*In February 2018, Infibeam was ranked 418th in [[The Financial Times]] and Statista&amp;#039;s FT1000 High Growth Companies Asia - Pacific 2018.&amp;lt;ref&amp;gt;{{Cite web|url=https://ig.ft.com/special-reports/ft-1000/asia-pacific/2018/|title=FT 1000: High-Growth Companies Asia-Pacific|website=ig.ft.com|language=en-GB|access-date=2018-06-14}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
*Most Innovative Payment Service Provider &amp;amp; Fastest Growing Online Payment Service Provider (U.A.E) International Finance Awards 2019.&amp;lt;ref&amp;gt;{{cite web |title=CCAvenue: CCAvenue wins &amp;#039;Most Innovative Payment Service Provider&amp;#039; and &amp;#039;Fastest Growing Online Payment Service Provider&amp;#039; accolades at the International Finance Awards |url=http://www.ccavenue.us/pr/CCAvenue-wins-Most-Innovative-Payment-Service-Provider-and-Fastest-Growing-Online-Payment-Service-Provider-accolades-at-the-International-Finance-Awards.jsp |website=www.ccavenue.us}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
*Infibeam was conferred with Consumer Durable &amp;amp; E-Retail of the Year Award at E-Retail Award 2018 by Franchise India held on 16–17 April 2018 in JW Marriott Hotel, New Delhi.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.indianretailer.com/congress/awards_winner.php|title=Indian Retail &amp;amp; eRetail Congress 2018|website=www.indianretailer.com|language=en|access-date=2018-06-18}}&amp;lt;/ref&amp;gt; &lt;br /&gt;
*In February 2018, Infibeam was ranked 418th in [[The Financial Times]] and Statista&amp;#039;s FT1000 High Growth Companies Asia - Pacific 2018.&amp;lt;ref&amp;gt;{{Cite web|url=https://ig.ft.com/special-reports/ft-1000/asia-pacific/2018/|title=FT 1000: High-Growth Companies Asia-Pacific|website=ig.ft.com|language=en-GB|access-date=2018-06-14}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
*Infibeam was conferred with Consumer Durable &amp;amp; E-Retail of the Year Award at E-Retail Award 2018&amp;lt;ref&amp;gt;{{Cite web|url=https://www.indianretailer.com/congress/|title=Indian Retail &amp;amp; eRetail Congress 2018|website=www.indianretailer.com|language=en|access-date=2018-06-18}}&amp;lt;/ref&amp;gt; by Franchise India held on 16–17 April 2018 in JW Marriott Hotel, New Delhi.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.indianretailer.com/congress/awards_winner.php|title=Indian Retail &amp;amp; eRetail Congress 2018|website=www.indianretailer.com|language=en|access-date=2018-06-18}}&amp;lt;/ref&amp;gt; At the same award function, Infibeam&amp;#039;s subsidiary CC Avenue was conferred with &amp;quot;Best Innovation in E-Commerce Payment&amp;quot;.&amp;lt;ref&amp;gt;{{Cite web|url=https://www.indianretailer.com/congress/awards_winner.php|title=Indian Retail &amp;amp; eRetail Congress 2018|website=www.indianretailer.com|language=en|access-date=2018-06-18}}&amp;lt;/ref&amp;gt;&lt;br /&gt;
&lt;br /&gt;
== References ==&lt;br /&gt;
{{reflist}}&lt;br /&gt;
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{{authority control}}&lt;br /&gt;
&lt;br /&gt;
[[Category:Companies based in Ahmedabad]]&lt;br /&gt;
[[Category:Indian companies established in 2007]]&lt;br /&gt;
[[Category:Online financial services companies of India]]&lt;br /&gt;
[[Category:Retail companies established in 2007]]&lt;br /&gt;
[[Category:Technology companies established in 2007]]&lt;/div&gt;</summary>
		<author><name>&gt;GermanKity</name></author>
	</entry>
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