Bengaluru, Oct. 8 -- A leading fintech stock jumped sharply following the announcement of PayCentral.ai, a next-generation AI payment platform. The platform allows AI agents to autonomously handle payments, refunds, subscriptions, and reconciliation for merchants.

Infibeam Avenues Ltd, with a market capitalization of Rs. 5,285.26 crore, opened at Rs. 18.19, touched a high of Rs. 20, and closed the previous session at Rs. 18.15, registering a notable intraday rise of 10.27 percent.

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Phronetic AI, India's first full-stack Agentic AI platform and an AI tech company backed by Infibeam Avenues Ltd, has launched PayCentral.ai, the country's first Agentic Payment Platform. The platform enables AI agents to transact on behalf o...