Innoviti bags Rs 70 crore in a mix of equity and debt; sets eyes on IPO

Merchant-focused payments company Innoviti Technologies has raised Rs 70 crore (about $8.3 million) in a mix of equity and debt, thereby closing one of its last major funding rounds before it plans to go public.

While Rs 60 crore is in the form of equity infusion into the company, around Rs 10 crore has been infused as debt.