Kochi, Nov 03: Innoviti Technologies Pvt. Ltd., India’s payments-centric retail SaaS platform for enterprise brands and their SME channel partners, participated as the AI-Powered Payments Partner at the Kochi Retail Summit 2026, hosted by the Retailers Association of India in association with the Kerala Management Association.
Innoviti’s message to Kerala’s retail leaders was simple: every payment a business collects is growth fuel, if it is read in time. Read with AI, the payment stream shows where demand is heading, confirms that every rupee reaches the bank at the contracted cost, and reveals how to collect it for less. At the Innoviti Live Experience Counter, the company showed how AI can turn everyday payments into growth, revenue assurance, and collection efficiency.
Find where demand is heading — sanketdigital.ai
Retail growth depends on decisions made early. sanketdigital.ai, the platform behind the RAI-Innoviti SANKET index, answers three questions for retail leaders: What are consumers buying? Where are they buying it? How are they paying for it? Drawing on 100,000+ checkout points across 2,800+ towns and 10,000+ PIN codes, and running on a sovereign, in-house NVIDIA H100 cluster so data stays in India, it gives leaders live insights instead of 3-month-old reports.
Assure every rupee — sparcsras.ai
Growth fuel is wasted if revenue leaks on the way to the bank. As the payment mix spreads across cards and UPI, month-end reconciliation can no longer keep up. sparcsras.ai answers one question: Is every rupee you’re owed reaching your bank account? Rodney Mendonca, SVP & Head of Enterprise Sales, demonstrated it live, inviting retailers to ask in plain English: Did any bank miss crediting a transaction today? Has the bank charged a higher MDR than agreed? Which store underperformed today, and why? Answers came in seconds. For a ₹1,000 crore business, that means ~₹3 crore saved and ~60,000 hours freed every year.
Lower the cost of every payment — UPI-First Checkout
UPI-First Checkout works on a single principle: while you can’t lower UPI MDR itself, you can significantly reduce your total MDR by shifting shoppers from cards to UPI. Every rupee saved at the counter is more fuel for growth. By featuring a dynamic, branded QR code on a large customer-facing display, it gently guides buyers toward the lower-cost digital tender saving up to ₹2.8 crore annually for a ₹1,000 crore business while keeping cards available as a fallback
and opening a prime branding surface right at the moment of payment. Four of India’s top retailers are already piloting the solution.
Built for business growth
These propositions sit on Innoviti's core platform:
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innoviti unipay: India's leading revenue assurance software, powering 18 of the top 20 retail enterprises in the country across 2000+ cities.
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innoviti genie: Sales acceleration software bringing together brands, merchants, and issuers across 10,000+ local electronics and mobile merchants, helping them accelerate growth by 8 to 10%.
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innoviti link: India's highest-rated payment links app, rated at 4.9* on App Store and Play Store, enabling more than 30,000 local merchants to expand their presence.
Backed by RBI authorizations to operate as a Payment Aggregator for both online and physical (in-store) payments, Innoviti continues to help local businesses gain more value from every transaction than possible otherwise.
“You know what you sold yesterday. But do you know that every rupee of it reached your bank, net of only what you contracted to pay? Most retail finance teams can get to that answer. It just takes them a week, three bank files and one very patient analyst. We think it should take seconds. And the same payment data can show where demand is heading and how to collect for less. That is how the payment stream becomes growth fuel,” said Rodney Mendonca, SVP & Head of Enterprise Sales, Innoviti Technologies Pvt. Ltd.
