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Innoviti Closes Series E Fund Raise

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(Investment led by Random Walk Solutions with participation by Bessemer Venture Partners and Patni Family Office) 

BENGALURU, India, Aug. 12, 2024 /PRNewswire/ — Innoviti Technologies Pvt. Ltd., India’s largest payments-centric retail SaaS platform for enterprise brands and their SME channel partners, announced today that it closed its Series E round raising a total of Rs. 70 Cr. as a combination of equity and debt.

The round was led by Random Walk Solutions, with participation from existing investors Bessemer Venture Partners USA, Patni Family Office India, and Alumni Ventures, USA.

Innoviti helps enterprises such as Reliance, Tanishq, Shoppers Stop, make more money faster, by unlocking value at the point of consumption left undiscovered by other conventional payment solutions. The company’s modern software connects retail and payment systems to deliver new and unique sales, payments, and operational SaaS tools at the point of consumption.

The company’s Enterprise POS solution, uniPAYNext, is operating at an EBITDA of 20%, and growing at a 23% annualized rate. The Electronics EMI solution, GENIEPlus, is growing at 80% annually, and operating at a -18% EBITDA, expected to break–even by Mar 25. The online Payment Link solution is growing 10% month-on-month at a contribution margin of 14%.

The company is operating at an annualized run-rate of Rs. 160 Cr., with an annualized EBITDA of Rs. -8 Cr., with a target to become operating profitable in the next couple of quarters. With Series E closed, the company will be working towards its IPO that it expects to launch within the next 12 months.

The company received the final authorization from RBI to operate as an online payment aggregator earlier this year.

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Vishal Gupta, Partner & India Head, Bessemer Venture Partners, said, “Innoviti has demonstrated a unique ability of delivering value-added SaaS through payment channels. We have seen their ability to retain and grow their relationships in the tough Indian enterprise retail market and are excited to support the next phase of their growth journey in the mid-market and online spaces.”

Arihant Patni, Patni Family Office, said, “We have seen the strategic positioning Innoviti enjoys in the Indian enterprise retail space, and are excited to support their growth journey as they make inroads into mid-market retail and online spaces.”

Yev Gelfand, Alumni Ventures, said, “Innoviti has created a premium payments business in a tough Indian market. The superiority of their technology is apparent via their ability to continuously add value to their customers through new products. We are excited to support them in the next phase of their growth.”

About Innoviti Technologies Pvt. Ltd.

Innoviti provides payments-centric retail SaaS tools to enterprise brands and their channel partners, helping them grow faster and with lesser efforts, by unlocking value at the point of consumption left undiscovered by others. Innoviti’s tools run across online and offline payment channels, processing over Rs. 72,000 Cr. annually from across 2000 cities and over 20,000 offline and 3,000 online merchants. The company processes more than 50% of all purchases happening in enterprise retailers in the food & grocery, lifestyle, and healthcare categories. Backed by marquee investors such as Bessemer Venture Partners, USA, FMO, Netherlands, Catamaran Ventures (Mr. Narayana Murthy’s family office), India, and the Patni Family Office, India, Innoviti is the recipient of RBI’s final authorization to operate as an online payment aggregator. The company has won the 50 fastest growing companies in Asia award from Deloitte four times, Reliance Innovation Award, and the Mastercard Innovation Award, and has 11 patents to its name, with 16 more in pipeline.

For more information, please visit – www.innoviti.com

Media Contact:
Chinmaya Bhure
chinmaya.bhure@innoviti.com

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View original content:https://www.prnewswire.com/in/news-releases/innoviti-closes-series-e-fund-raise-302219747.html

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Nov. 8, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces five of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$849—LISBON CITY BREAK WITH FLIGHTS
Spend five nights in the heart of Portugal’s capital exploring neighourhoods like Alfama and Chiado. We’ve leveraged our deep relationship with this partner to obtain an exceptional price on travel in January, when you can visit popular attractions without line-ups and temperatures are spring-like by Canadian standards.$99—HISTORIC HOTEL IN VICTORIA
“Victorian” describes more than the decor at this elegant hotel: it was built during Queen Victoria’s reign and is steps from the main attractions of her namesake city. Explore the Inner Harbour, Royal BC Museum and the Old Town, then visit the hotel’s pub, established in 1867.  Club Members pay half the regular price through February.$999—MEDITERRANEAN ISLAND GETAWAY WITH FLIGHTS
Explore Malta’s medieval cities, cobblestone streets and dramatic coastline. We get roundtrip flights from Toronto, five nights at a 4-star resort with views of the Mediterranean Sea and daily breakfast.$1899—LAST-MINUTE ST. LUCIA ALL-INCLUSIVE GETAWAY FOR 2
Be among the first to stay at this new luxury retreat on Reduit Beach. This is the most popular stretch of sand in St. Lucia. For three nights (or longer) anytime through Dec. 19, Club Members get beachfront accommodations with a private terrace, butler service and all-inclusive dining. We save over $1900 compared to regular prices.$99—4-STAR NIAGARA FALLS INN WITH BREAKFAST
This quiet boutique hotel is just a 15-minute walk from the Falls. We’ve negotiated savings of up to $200 per night through Dec. 20. It’s a lovely time to stay, when winter wonderland decorations and a Christmas cocktail bar make this one of the city’s most festive destinations.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact:
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302932399.html

SOURCE Travelzoo

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Club Offers for Travel Enthusiasts in the U.S.

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NEW YORK, Nov. 8, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces six of many new Club Offers for Club Members in the U.S.

Rigorously vetted and negotiated for us travel enthusiasts:

$589—COSTA RICA IN PEAK SEASON: 6 NIGHTS WITH FLIGHTS
Experience two sides of Costa Rica, from Arenal’s volcano and tropical rainforests to Tamarindo’s beaches. This six-night trip includes roundtrip flights (from Florida or New York), hotels, breakfast and a rental car. All during the dry season.$93—THE BEST OFFER FOR THIS BROADWAY SHOW
Club Members save nearly 30% on tickets to Broadway’s blockbuster “WICKED.” This is the best offer for tickets to this show. And only Travelzoo’s Club Members have access to select Orchestra seats at New York’s Gershwin Theatre.$225—LONDON 5-STAR HOTEL WITH CHAMPAGNE BREAKFAST
Through our exclusive agreement with the 5-star South Place Hotel, we receive a complimentary upgrade to a junior suite. The hotel is home to a Michelin-starred rooftop restaurant and located steps from trendy Shoreditch. A daily Champagne breakfast for two is included. We pay $225 per night. Everyone else pays $720.$99—HOTEL STAYS NATIONWIDE
We’ve negotiated savings of up to 60% off regular rates at well-reviewed hotels in cities across the country, including Washington, D.C., Chicago, New Orleans, Boston and California’s coast. All with stays for $99 (or less).$579—MEDITERRANEAN ISLAND: 4 NIGHTS WITH FLIGHTS
Explore Malta’s medieval cities, cobblestone streets and Mediterranean coastline. We get roundtrip flights from Boston, four nights at a 4-star resort and daily breakfast—for less than the cost of airfare alone.$1385—LAST MINUTE ST. LUCIA ALL-INCLUSIVE GETAWAY FOR 2
Be among the first to stay at this new luxury retreat on Reduit Beach. This is the most popular stretch of sand in St. Lucia. For three nights (or longer) anytime through Dec. 19, Club Members get beachfront accommodations with a private terrace, butler service and all-inclusive dining. We save over $1400 compared to regular prices.

Offers have limited inventory and are subject to availability.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travelers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact:
Jonathan Jones – New York
jjones@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-the-us-302932402.html

SOURCE Travelzoo

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TCL CSOT to Explore the Future of Displays in the AI Era at DTC 2026

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WUHAN, China, Nov. 8, 2026 /PRNewswire/ — The TCL CSOT Global Display Tech-Ecosystem Conference 2026 (DTC 2026) will take place in Wuhan, China, on November 13. Under the theme “TRUE VISION, AI IN MOTION,” this year’s conference will present TCL CSOT’s latest advances in Inkjet Printing OLED (IJP OLED), APEX display technologies, AI applications, and next-generation display solutions.

Displaying the Future in the AI Era
As AI accelerates change across digital content and intelligent devices, the ability to deliver rich colors and fine details while meeting the needs of different usage scenarios is becoming essential for translating display technology into experiences users can see and feel.

At DTC 2026, TCL CSOT will examine how AI is reshaping content creation, device form factors, and human-machine interaction, offering a closer look at how these shifts are expanding the role of displays in future intelligent experiences.

IJP OLED Moves toward Large-Scale Commercialization
Following more than a decade of research and development, TCL CSOT’s IJP OLED technology is advancing from technical validation toward large-scale production, marking a critical stage in its commercialization. Its expanding applications from medical displays into IT and consumer products demonstrate the growing potential of IJP OLED across monitors and future intelligent devices, attracting increasing attention throughout the display value chain.

At DTC 2026, TCL CSOT will share further updates on its IJP OLED development and continued exploration of the technology. As a major highlight of the conference, these advances will offer a closer look at the potential path for the development of next-generation display technologies.

APEX Platform Innovations Bring the Future of Display to Life
At DTC 2026, TCL CSOT will bring together a broad lineup of APEX platform innovations, highlighting advances in display experience, visual health, sustainability, and form-factor innovation. By connecting technology development with real-world applications, the showcase will translate the value of a “great display” into tangible experiences. From picture quality and viewing comfort to new product forms and use cases, the exhibits will offer industry partners and guests a clearer view of the diverse possibilities shaping the future of displays.

Industry Leaders to Exchange Perspectives on the Future of Displays
Beyond its technology and product showcases, DTC 2026 will bring together industry leaders and cross-sector thinkers to explore the future of displays. Jun Zhao, Senior Vice President of TCL Technology and CEO of TCL CSOT; Xiaolin Yan, CTO of TCL Technology and TCL CSOT; and science writer and Wenjin Book Award Winner Weigang Wan are expected to join the conference.

Their discussions will examine how AI is reshaping display standards, human-machine interaction, product development, and user experience. By bringing together perspectives from technology, content, and applications, DTC 2026 aims to present an integrated view of the forces shaping the future of displays and foster closer collaboration across the display ecosystem. More highlights from DTC 2026 will be announced soon.

SOURCE TCL CSOT

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