AvenuesAI Targets Rs 50,000 Crore to Rs 1 Lakh Crore TPV in 24 Months

AvenuesAI estimates its new partnerships can add Rs 50,000 crore to Rs 1 lakh crore of incremental total payment value (TPV) in the next 24 months. Management linked the internal target to WhatsApp payments, artificial intelligence (AI)-generated forms, Apple Pay, tap-to-own-device payments and distribution-led integrations that could add merchants and payment flows.

How much incremental TPV does AvenuesAI expect?

AvenuesAI expects Rs 50,000 crore to Rs 1 lakh crore of incremental TPV from its partnerships over the next 24 months. Vishal Mehta described the range as an internal estimate rather than financial guidance, and said AvenuesAI would track transaction conversions, distribution-led growth and income from forms, reconciliations, integrations and tools.

The target measures additional payment volume, not revenue or profit. AvenuesAI said the potential earnings contribution depends on conversion of the activity into transactions and on the mix of value-added services, meaning the disclosed TPV range does not indicate a corresponding revenue outcome.

Which payment products are intended to create this volume?

AvenuesAI said its Meta partnership enables in-stream WhatsApp payments, where a payment link sent through a chat can be completed without redirecting a customer to another site. Management said the mechanism can support negotiated sales and business collections completed within a WhatsApp conversation.

AvenuesAI also launched AI Forms, which management said can create a dynamic collection form with an integrated CCAvenue payment gateway within seconds from a few instructions. The cited uses include fees, club collections, alumni meetings and pilots' associations, extending payment acceptance to organisations that may not need a conventional website integration.

AvenuesAI further identified WhatsApp Rocket, a checkout product that can preload a customer's name, billing details and delivery addresses after a mobile number is entered. Management said this can reduce checkout to two or three clicks, while the Apple Pay launch with The Oberoi Hotels Group provides guests another payment method alongside cards and Unified Payments Interface (UPI) options.

How does AvenuesAI plan to earn from higher payment volumes?

AvenuesAI said it is prioritising scale while pursuing later monetisation through transaction intelligence, ancillary tools and more payment conversions. Management said more transaction volume provides additional data for TISco, its transaction intelligence score initiative, while acknowledging that the probability of making TISco successful is currently against the company.

The near-term trade-off is visible in transaction economics. Management said net take rates, or the share of payment volume retained as revenue, declined 4% quarter over quarter and that the reduction affected margins. It expects potential support from UPI pricing changes and services layered on existing transactions, rather than saying the TPV target itself will increase margins.

AvenuesAI said UPI MDR would be positive for revenue if implemented, but it gave neither a firm implementation date nor a revenue estimate. Management said it would disclose the incremental volume revenue by the following quarter after implementation, while noting that pricing would remain subject to competition.

How can hospitality distribution contribute to AvenuesAI's plan?

AvenuesAI said its ResAvenue hospitality platform operates across more than 3,000 hotels and processed about 1.2 million room nights through its channel-manager system in the last 90 days. The system links hotels to nearly 150 online travel agency websites, including Booking.com, Hotels.com, Expedia, MakeMyTrip and Ctrip, before payments become the final integrated step.

AvenuesAI said ResAvenue is certified for Oracle MICROS Fidelio property-management-system connections, enabling a payment through a link, including one made at 03:00 in India, to update the reservation system without manual intervention. Management views that integration as a way to attach payment infrastructure to hotel distribution rather than offer only a standalone payment gateway.

AvenuesAI also described a longer-term opportunity in AI-assisted hotel bookings, where an AI agent could access hotel inventory and obtain booking confirmations while CCAvenue provides payment infrastructure. That remains management's view of travel distribution's direction; the disclosed operating evidence is the platform's more than 3,000 hotels and 1.2 million room nights in 90 days.

What execution milestones should AvenuesAI meet next?

AvenuesAI said it had not deployed much of the about Rs 294 crore earmarked from its Rs 700 crore rights issue for advanced AI software solutions. Management said it is reassessing deployment as AI technology changes rapidly, but indicated that spending on agent frameworks and TISco-related solutions could become more visible in the current quarter.

Internationally, AvenuesAI said the United Arab Emirates was delivering well, Saudi Arabia was growing and four or five banks in Oman used its systems. Management also said it was looking at the United States in the next quarter, making overseas expansion and the timing of AI investment disclosed execution markers alongside the 24-month TPV objective.

Conclusion

AvenuesAI has attached a measurable volume goal of Rs 50,000 crore to Rs 1 lakh crore of incremental TPV in 24 months to its new payment distribution channels. The plan combines messaging-based collections, consumer checkout products, AI-created forms and hospitality software, while management has said that earnings will depend on transaction conversion, service income and transaction data rather than TPV alone.

The next items to watch are implementation of UPI MDR and AvenuesAI's proposed update on its incremental revenue after any implementation, along with deployment of the about Rs 294 crore AI-software allocation. Management also identified a United States market push in the next quarter and retained its financial year 2027 earnings-per-share guidance of Rs 8.75 to Rs 9.50 after first-half earnings per share of about Rs 4.50.