Infibeam

Infibeam is an Indian internet and e-commerce conglomerate involved in online retailing, e-commerce software and internet services.

Infibeam.com owns and operates an e-commerce retail portal www.infibeam.com as well as customized products portal www.picsquare.com. The company also provides e-commerce and interactive marketing services to brands, retailers and media companies in India and internationally.

Infibeam was founded in 2007 by Vishal Mehta. The company is headquartered in Ahmedabad, India with offices Delhi, Mumbai and Bangalore, and has a total of 1300 employees.

Infibeam's technology services include e-commerce engine with a set of configurable features and functions that enables Web store functionality, such as shopping cart, product presentation, and merchandising. It also offers a wide range of Web store management tools along with a host of services such as fulfillment, customer care, interactive marketing, and online advertising and design.

Infibeam launched an e-book reader, Infibeam Pi, its successor Pi2, and a media device, Infibeam Phi. Infibeam became India's first E-commerce company to file an IPO, in July 2015.

 

Infibeam owns the license of the generic top level domain (gTLD) '.ooo' granted by Internet Corporation for Assigned Names and Numbers (ICANN). It launched the '.ooo' domain for trademark holders on 22 September 2014.

 

Infibeam went public on Apr 5, 2016, the company raised a $68M at a valuation of $363M (IPO). The company has made three acquisitions DRC Systems, ODigMa, & Vavian International Ltd. as well invested around $10M to date.

 

 

  • Year founded: 2007
  • Funding Info: 400M (INR) in 3 funding rounds (Last Funding Type: Post IPO Equitty)- Infibeam has also acquired Vavian International Ltd., Unicommerce eSolutions Pvt. Ltd., DRC Systems & ODigMa as well as made around $10M investment to date.
  • Yearly Revenue: Rs 870.6 Crore (2018)
  • Employee Size: 501-1000
  • Business Valuation: Valued a $363M at IPO on Apr 5, 2016
  • City/Town: Ahmedabad
  • State: Gujarat
  • Country: India
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