In acknowledgement of his stellar contribution towards the evolution and expansion of the Indian digital payments sector for the past 22 years, Infibeam Avenues' Executive Director Mr. Vishwas Patel was declared winner at the ET Leadership Excellence Awards 2022. His organization Infibeam Avenues Ltd was specially recognized for its immense contribution as a Fintech solutions provider for e-businesses in India and abroad. The Economic Times awards ceremony was held at the Grand Hotel in New Delhi on 22nd August 2022.
The primary objective of the ET Leadership Excellence Awards is to celebrate the excellence of business leaders recognized as icons, inspiration and game changers, having scaled new heights to transform the landscape not just in India, but globally as well. The Economic Times awards is the celebration of exceptional achievements from multiple fields like IT, Consumer Durables, Health, Retail, FMCG, Education, Real Estate, Fashion, Entertainment, Hospitality, Fintech and E-Commerce.
Vishwas is the founder of BillAvenue, the RBI-approved operating unit for Bharat BillPay, India's largest interoperable bill payment network. As a Biller Operating Unit (BOU), BillAvenue offers billers access to the entire universe of consumers and as a Customer Operating Unit (COU), it on-boards Agent Institutions to offer maximum customer touch points for bill payments. The platform enables seamless bill payments through multiple online and offline channels and supports all possible modes of payments.
BillAvenue connects to 8.4 Lakhs agents and retailers across India and has on-boarded 90% of the billers live on BBPS, processing over 8.5 crore bills annually with a total bill value upward of Rs 10,000 Crore.
Vishwas has also launched other cutting-edge SaS solutions including CCAvenue, the leading Indian payment gateway and ResAvenue, the complete hotel reservation and distribution platform.
"My heartfelt thanks to the Economic Times team as well as the respected jury members of these awards for considering me worthy of this honour," said Mr. Vishwas Patel, Executive Director of Infibeam Avenues Limited. "I sincerely appreciate the efforts of all those who have supported us in this journey. Special thanks to my team at Infibeam Avenues, our business partners and bank alliances for their important contributions over the years. Moving forward, this accolade will serve as a motivating force, pushing us to innovate further for the benefit of our enormous merchant base in India and abroad."
The list of prestigious awards and recognitions received by Vishwas includes the Asia-Pacific Information Security Leadership Award in Bangkok (2007), Best Payments Entrepreneur Awards at the Payments & Cards Summit (2019), Intellectual Explorer Award 2020, Business Entrepreneur of the Year - IT & SaS at the Entrepreneur Awards (2020) and Top Digital Leader at the DOD Awards (2021).