Innoviti Payment, an enterprise payments solution provider, has raised Rs 80 crore — in a mix of debt and equity — in the first close of its ongoing Series D round. The round was carried out by Trifecta Debt Fund, Patni Advisors, and Bessemer Venture Partners. Sanjoy Bhattacharya, Bharat Jaisinghani, and a clutch of other individual investors also participated in this round.
According to the press statement, Innoviti’s valuation has multiplied 2.5X from its Series C round closed a few months ago.