Infibeam Avenues Limited (IAL) has demonstrated substantial growth in its Q2 FY24 financial results. With a 66 per cent YoY increase in gross revenue, a 70 per cent surge in EBITDA, and a 191 per cent growth in PAT, IAL's success is attributed to its emphasis on small merchants, international expansion, and investments in AI technology, making it a promising player in India's digital payment industry.