- Vishwas Patel to take charge as MD & CEO; Vishal Mehta to steer long-term AI-first vision
- IIMA Professor Dr Neharika Vohra joins Board as Independent Director
- Company strengthens governance, accelerates execution in payments & AI platforms
- CCAvenue, Phronetic.AI and AvenuesAI to lead next phase of global innovation
NE BUSINESS BUREAU
GANDHINAGAR, DEC 11
Infibeam Avenues Limited has announced a significant leadership transition with the planned elevation of Vishwas Patel, currently Joint Managing Director, to the position of Managing Director & Chief Executive Officer, effective Thursday, December 11, 2025, subject to statutory approvals. Vishal Mehta will continue as Chairman & Managing Director, steering the organisation’s long-term AI-first strategic roadmap.
This transition marks the next phase of Infibeam’s multi-year transformation journey. Under Mehta’s leadership, the company has shifted from a diversified portfolio to a sharper, unified strategy anchored in digital payments under CCAvenue and AI-powered risk & intelligence solutions under Phronetic.AI. The re-architecture has improved operational productivity, expanded market presence and enhanced financial performance.
Leadership Transition to Strengthen Execution Velocity
In his new role, Vishwas Patel will lead day-to-day operations and oversee execution of strategic priorities, reporting directly to the Board. His mandate includes scaling Infibeam’s payments and AI platforms in an increasingly competitive and innovation-driven global ecosystem.
Vishal Mehta, Chairman & Managing Director, said: “With our strategic transformation complete and the Company entering a phase of accelerated AI-led growth, this is the right moment for Vishwas Patel to assume the role of MD & CEO. His deep understanding of the payments business, strong merchant relationships, and ability to execute at scale make him the ideal leader for this next phase of growth. I look forward to working closely with him as we continue building AvenuesAI into one of the world’s most trusted AI-driven payments and risk platforms.”
Emphasising the urgency of AI-driven innovation, he added: “AI-led transformation is reshaping every layer of the payments and digital infrastructure ecosystem. Our priority now is to execute faster, build deeper merchant value, and scale our AI-driven platforms across India and global markets.”
Alongside leading Infibeam’s strategic vision and AI business, Mehta also serves as Chairman & Managing Director of Rediff.com India Ltd.
Accepting the responsibility, Vishwas Patel said: “I am honoured by the trust placed in me by the board and look forward to working with the team to unlock the next wave of value for all stakeholders.”
IIMA’s Dr Neharika Vohra Appointed Independent Director
The company also announced the appointment of Dr Neharika Vohra, Professor at the Indian Institute of Management Ahmedabad (IIMA), as Additional Women Director (Non-Executive, Independent) for a five-year term, effective December 11, 2025.
A distinguished academic and leadership expert, Dr Vohra brings decades of scholarship, organisational consulting and ecosystem-building experience:
- 70+ research papers
- 30 management cases
- Multiple bestselling management textbooks
- Extensive work with IIMA Ventures (formerly CIIE)
- Training of thousands of industry leaders, educators and civil servants
Her inclusion reinforces Infibeam’s board with deep expertise in leadership, governance, behavioural science, entrepreneurship and institution building.
