Synopsis:
Infibeam Avenues Ltd surged after its AI-backed subsidiary Phronetic AI launched PayCentral.ai, India’s first Agentic Payment Platform enabling autonomous AI agents to transact on behalf of merchants and enterprises. The platform integrates with multiple payment aggregators, offers secure and auditable payments, and represents a leap toward AI-native commerce.
A leading fintech stock jumped sharply following the announcement of PayCentral.ai, a next-generation AI payment platform. The platform allows AI agents to autonomously handle payments, refunds, subscriptions, and reconciliation for merchants.
Infibeam Avenues Ltd, with a market capitalization of Rs. 5,285.26 crore, opened at Rs. 18.19, touched a high of Rs. 20, and closed the previous session at Rs. 18.15, registering a notable intraday rise of 10.27 percent.
What’s the News?
Phronetic AI, India’s first full-stack Agentic AI platform and an AI tech company backed by Infibeam Avenues Ltd, has launched PayCentral.ai, the country’s first Agentic Payment Platform. The platform enables AI agents to transact on behalf of merchants and enterprises, providing an intelligent payment infrastructure that integrates with existing gateways and other payment platforms.
PayCentral.ai is built on Google’s AP2 (Agent Payment Protocol) and overlays multiple MCP-enabled Payment Aggregators, creating a unified layer of autonomous, auditable, and secure payment orchestration.Merchants can now let AI agents generate dynamic payment links, handle refunds, manage subscriptions, and reconcile accounts without human intervention.
Key highlights of the platform include universal interoperability across multiple PSPs, an aggregator-first architecture starting with CCAvenue, autonomous merchant services, secure and auditable transaction logs via Phronetic’s Agent Operating System, sovereign deployment for regulatory compliance, and scalability for micropayments, recurring billing, and AI-driven commerce at a national level.
PayCentral.ai extends Phronetic AI’s broader vision of autonomous agents across digital and physical domains, leveraging proprietary vision-language models (Owlet), reasoning models (RZN), and the Agent Operating System (AOS) to create a secure, auditable ecosystem for AI-native commerce.
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Management Commentary
“Agentic Payments are the next frontier in digital commerce,” said Rajesh Kumar S A, CEO of Phronetic AI. “By integrating Google’s AP2 standards with MCPs of India’s leading payment aggregators and our Agent Operating System, we are building a secure, auditable and scalable ecosystem where any AI agent can pay, and any AI agent can be paid.”
Financial Snapshot – Q1 Summary
Quarter-on-Quarter (QoQ): Sales rose from Rs. 1,161 crore to Rs. 1,280 crore, an increase of 10.3 percent. Operating profit declined from Rs. 75 crore to Rs. 71 crore, down 5.3 percent. PBT increased marginally from Rs. 78 crore to Rs. 79 crore, up 1.3 percent. Net profit rose from Rs. 55 crore to Rs. 58 crore, up 5.5 percent.
Year-on-Year (YoY): Sales jumped from Rs. 745 crore to Rs. 1,280 crore, a growth of 71.7 percent. Operating profit increased from Rs. 69 crore to Rs. 71 crore, up 2.9 percent. PBT declined from Rs. 83 crore to Rs. 79 crore, down 4.8 percent. Net profit fell from Rs. 69 crore to Rs. 58 crore, a decline of 15.9 percent.
About the Company
Infibeam Avenues Ltd. is a leading global fintech company offering digital payment solutions, AI platforms, and enterprise software to businesses and governments. Its payment infrastructure includes acquiring and issuing solutions for banks and a core payment gateway with over 200 options, enabling transactions in 27 international currencies.
The company’s enterprise software hosts India’s largest government procurement marketplace. In FY25, it processed transactions worth Rs. 8.67 trillion (US$ 106 billion) and served over 10 million clients, including merchants, enterprises, governments, and financial institutions across India, UAE, Saudi Arabia, Australia, the USA, and Oman.
Written By Manan Gangwar
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