- AI startup Kily secures Rs 30 crore from Sorin Investments, Razorpay, Wyser
The AI startup said that it plans to use the fresh capital to deepen Kily's product capabilities, strengt ...More
The AI startup said that it plans to use the fresh capital to deepen Kily's product capabilities, strengthen its go-to market initiatives, and accelerate adoption across India's largest consumer brands. The company said its AI agents help brands manage pricing, advertising, inventory and marketplace operations by analysing real-time marketplace data and autonomously executing decisions. ...Less

- Enterprise AI CRM startup Superleap raises Rs 36 crore from Peak XV's Surge
Superleap, an enterprise AI CRM platform, secured Rs 36 crore funding from Peak XV Partners' Surge. This ...More
Superleap, an enterprise AI CRM platform, secured Rs 36 crore funding from Peak XV Partners' Surge. This capital will fuel AI capabilities and expand its market presence both domestically and internationally. The startup focuses on large organizations migrating from legacy CRM systems with minimal disruption. Superleap's enterprise-first strategy targets high contract values, differentiating it from many SaaS firms. Generative AI is expected to reshape the enterprise CRM market, challenging established vendors. ...Less

- Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%
Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed ...More
Profit after tax fell 41% to Rs 11.15 crore from Rs 18.77 crore in FY25. The value of payments processed by the company, however, rose about 67% to nearly $50 billion from around $30 billion, while gross profit increased 51% to Rs 227 crore from roughly Rs 150 crore, the company said. ...Less

- Anthropic Claude India Pricing announced: Check what users will have to pay for Claude services
Anthropic Claude Cost India: Anthropic now offers its Claude AI assistant with pricing in Indian rupees. ...More
Anthropic Claude Cost India: Anthropic now offers its Claude AI assistant with pricing in Indian rupees. This move simplifies payments and removes currency conversion fees for users. India has become Anthropic's second-largest global market after the United States. The company recently opened an office in Bengaluru to support its growth. Localized pricing is crucial for competing in India's tech market. ...Less

- PayU will grow 25% across payments, credit over the next 18 months, says CEO
One of the early movers in the payments processing business, targeting small business and merchants, PayU ...More
One of the early movers in the payments processing business, targeting small business and merchants, PayU has grown into a larger fintech firm by growing through the acquisition route. It entered the credit business by acquiring Mumbai-based fintech startup PaySense in 2020 and rebranded the product PayU Finance. ...Less

- Sachin Bansal’s fintech firm Navi eyeing Rs 3,000-crore IPO by March 2027
The development comes nearly four years after Navi first filed for an IPO, seeking to raise Rs 3,350 cror ...More
The development comes nearly four years after Navi first filed for an IPO, seeking to raise Rs 3,350 crore. The company received an approval from the Securities and Exchange Board of India (Sebi) in September 2022 for the issue, but put the plan on hold amid market volatility and a sharp decline in technology stocks. ...Less

- Sachin Bansal-backed Navi plans Rs 3,000 crore IPO, to file papers with Sebi by March quarter
Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quar ...More
Fintech startup Navi, co-founded by Sachin Bansal, is planning to file draft IPO papers in the March quarter of FY27 to raise about Rs 3,000 crore. The IPO is likely to include a mix of fresh equity and an offer for sale, with the final structure yet to be decided. Kotak Investment Banking has been appointed to manage the issue. ...Less

- Visa launches Payment Passkey in India with IDFC FIRST Bank, online merchants
Visa's 'Payment Passkey' solution, launched in India, aims to enhance digital payment security beyond pas ...More
Visa's 'Payment Passkey' solution, launched in India, aims to enhance digital payment security beyond passwords and OTPs. Leveraging device biometrics like fingerprint and facial recognition, it offers a more seamless and secure authentication experience. This move aligns with India's evolving digital payments landscape, emphasising trust alongside scale, and positions the nation for a future driven by AI-powered commerce. ...Less

- Cred’s angels, institutional investors score big in Meta deal
The sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company a ...More
The sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transaction has allowed several early backers to partly cash out at a time when large private market exits remain scarce, and venture funds are under pressure to return capital to their investors. ...Less

- UK overtakes India in global unicorn rankings as AI-driven valuations surge: Hurun
India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. W ...More
India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. While the US and China lead, India's startup ecosystem saw slower growth in new unicorns, though several went public. Artificial intelligence is driving massive valuations across sectors, significantly boosting the AI and cybersecurity industries worldwide. ...Less

- Razorpay begins IPO process; files confidential DRHP to raise Rs 5,000-6,000 crore
Fintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectu ...More
Fintech major Razorpay has officially commenced its IPO journey by filing its draft red herring prospectus with SEBI, aiming to raise Rs 5,000-6,000 crore. This move follows shareholder approval for a fresh issue and an offer-for-sale component, marking a significant step after its reverse flip to India. ...Less

- Razorpay confidentially files IPO papers with Sebi
Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for a ...More
Fintech firm Razorpay is preparing for its stock market debut. The company has confidentially filed for an initial public offering. Razorpay aims to raise between $600 million and $700 million. Its valuation is expected to be between $5 billion and $6 billion. This move signals a significant step for the digital payments giant. ...Less

- Kunal Shah net worth and his inCREDible journey to Meta's WhatsApp
Kunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significan ...More
Kunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significant appointment, coupled with Meta's substantial investment in CRED, underscores Shah's remarkable entrepreneurial journey. From his early ventures to building a fintech unicorn, Shah's influence in the startup world continues to grow, now extending to a global tech giant. ...Less

- Meta’s Chris Cox sought Kunal Shah’s WhatsApp advice - then made him leader
Meta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on pickin ...More
Meta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on picking the future leader of WhatsApp. Cox had been calling entrepreneurs and investors in places like India, Brazil and Mexico, countries where WhatsApp is a dominant part of business and culture, and Shah’s ideas about the future of the app left an immediate impression. ...Less

- Pocket FM begins reverse flip talks; eyes potential India IPO
Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to ...More
Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to India, signalling potential plans for a domestic public listing. This move follows rival Kuku Technologies' formal steps towards an IPO, intensifying focus on India's growing audio and mobile-first storytelling market. ...Less

- Forget scrolling, DoorDash's new AI chatbot lets you order dinner like you're chatting with a friend
DoorDash on June 11th launched a new AI-powered chatbot that lets users order food, groceries, and restau ...More
DoorDash on June 11th launched a new AI-powered chatbot that lets users order food, groceries, and restaurant reservations using simple prompts and photos. The feature marks a shift toward conversational commerce, where AI understands user intent and handles tasks directly. From turning recipe photos into shopping carts to helping users discover meals through natural conversations, the new feature offers a glimpse into how AI is reshaping everyday consumer experiences. ...Less

- Kuku FM's parent confidentially files for Rs 3,500 crore IPO
Audio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. T ...More
Audio and video platform Kuku has confidentially filed draft papers with Sebi for a Rs 3,500 crore IPO. The company aims for a Rs 15,000 crore valuation. Kuku expects a sevenfold revenue jump to Rs 1,400 crore in fiscal 2026. This move signals significant growth aspirations for the digital content provider. ...Less

- Observability firm Coralogix deepens India bet as AI security demand rises
Israeli observability platform Coralogix is significantly expanding its operations in India, a key growth ...More
Israeli observability platform Coralogix is significantly expanding its operations in India, a key growth market, as enterprises adopt AI-driven digital infrastructure. The company, which has raised $200 million in new funding, aims to make India its most important office outside Israel and the US, leveraging the country's massive scale and advanced tech ecosystem. ...Less

- Razorpay eyes omnichannel focus for offline push: sources
Online payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the v ...More
Online payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acquisition, the company is now focusing on merchants needing both online and offline payment solutions, rather than aggressive field team expansion. This strategic shift aligns with Razorpay's IPO preparations and a focus on a more profitable core business. ...Less

- Agentic platform Codex adoption in India up 27x since January, says OpenAI
India's adoption of OpenAI's Codex has surged 27x since early 2026, placing it among the top five global ...More
India's adoption of OpenAI's Codex has surged 27x since early 2026, placing it among the top five global markets. The platform is increasingly used for non-coding tasks, democratising app and website creation for non-technical users. Codex is also accelerating product development and automating repetitive work, with significant enterprise collaborations underway. ...Less

- Razorpay’s valuation rises to $7.5 billion after $375-million funding
Razorpay’s valuation has increased by more than seven times since it turned unicorn in October 2020 due t ...More
Razorpay’s valuation has increased by more than seven times since it turned unicorn in October 2020 due to a pandemic-induced surge in demand for its payments gateway platform and neobanking vertical RazorpayX. ...Less

- Razorpay gets $160 mn funding, valuation trebles in less than 6 months
Razorpay will use the funding to expand into Malaysia, Indonesia and Singapore, CEO Harshil Mathur says. ...More
Razorpay will use the funding to expand into Malaysia, Indonesia and Singapore, CEO Harshil Mathur says. The company is also in the process of acquiring a SaaS startup and hiring 600 people in India and overseas to grow its neobank Razorpay X. ...Less

- Razorpay’s payments entity reports flat profit of Rs 7.3 crore in FY23
Razorpay Software Pvt Ltd saw its revenue from operations grow 54% in FY23 to Rs 2,279 crore from Rs 1,48 ...More
Razorpay Software Pvt Ltd saw its revenue from operations grow 54% in FY23 to Rs 2,279 crore from Rs 1,481 crore in FY22. Employee benefits and salaries were one of the biggest cost centres for the startup, comprising 28% of the total expenses. ...Less

- Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup School
Razorpay CEO Harshil Mathur highlighted the advantages of operating in regulated spaces, noting the compa ...More
Razorpay CEO Harshil Mathur highlighted the advantages of operating in regulated spaces, noting the company's explosive growth in India's payments market, now exceeding $180 billion in volume. He shared early challenges, including a bank pulling support, but emphasized how adaptability, like embracing UPI, fueled their success, especially during the pandemic's D2C boom. ...Less

- Razorpay and superU AI partner to launch real-time agentic payment system
Razorpay and superU AI have partnered to create a transaction system where AI agents handle sales and pay ...More
Razorpay and superU AI have partnered to create a transaction system where AI agents handle sales and payments with zero human intervention. This collaboration allows users to complete purchases through natural conversation, eliminating the need for apps or manual checkout processes. ...Less

- Razorpay FY25 results: Revenue grows 65%, but net loss stands at Rs 1,209 crore
Razorpay’s revenue jumped 65% to Rs 3,783 crore in FY25, driven by payments, POS, loyalty, banking, and g ...More
Razorpay’s revenue jumped 65% to Rs 3,783 crore in FY25, driven by payments, POS, loyalty, banking, and global operations. Gross profit rose 41% to Rs 1,277 crore, but the company posted a Rs 1,209 crore loss due to restructuring and tax costs after shifting its headquarters to India. ...Less

- Razorpay completes reverse flip from US to India with MCA approval
Razorpay had applied to the regulators for the reverse flip under amended rules, which do not require com ...More
Razorpay had applied to the regulators for the reverse flip under amended rules, which do not require companies to apply to the NCLT. Razorpay needed approval from the Reserve Bank of India (RBI) and eventually a nod from the Ministry of Corporate Affairs. ...Less

- Razorpay gets RBI's cross-border licence to boost global payments from India
Razorpay has received the Payment Aggregator – Cross Border licence from the RBI, allowing it to handle b ...More
Razorpay has received the Payment Aggregator – Cross Border licence from the RBI, allowing it to handle both inward and outward international payments. The move strengthens its regulated infrastructure for global transactions, enabling Indian businesses to accept 130+ currencies and international companies to operate in India seamlessly through a single platform. ...Less

- Razorpay launches tokenisation solution in partnership with Mastercard, RuPay and Visa
The 'Razorpay TokenHQ' will work across all major card networks including Mastercard, RuPay and Visa, and ...More
The 'Razorpay TokenHQ' will work across all major card networks including Mastercard, RuPay and Visa, and almost the entire base of five million businesses using Razorpay's services will be ready to support tokenised card transactions, a statement said. ...Less

- Hackers, fraudulent customers steal Rs 7.38 crore from payment gateway firm Razorpay
In his complaint to the South East Cyber Crime Cell lodged on May 16, Razorpay's Head of Legal Disputes a ...More
In his complaint to the South East Cyber Crime Cell lodged on May 16, Razorpay's Head of Legal Disputes and Law Enforcement Abhishek Abhinav Anand said the company was unable to reconcile receipt of Rs 7.38 crore against 831 transactions. ...Less

- Razorpay acquires TERA Finlabs in push for startup, MSME loans
Razorpay Capital along with TERA Finlab's technology capabilities will be able to service the credit need ...More
Razorpay Capital along with TERA Finlab's technology capabilities will be able to service the credit needs of more than 10,000 startups and MSMEs in India by next year, according to a statement. ...Less

- Exclusive: Razorpay invites banker pitches for IPO; targets Rs 4,500 crore fundraise
Razorpay has begun formal preparations for a stock market debut, inviting merchant bankers to pitch for i ...More
Razorpay has begun formal preparations for a stock market debut, inviting merchant bankers to pitch for its IPO mandate, people familiar with the matter told ET. The digital payments firm is looking to raise up to Rs 4,500 in fresh capital. ...Less

- Razorpay’s funding venture to invest in early-stage B2B companies
Razorpay Venture Investment Programme, as it is named, will scout for opportunities in sectors like finte ...More
Razorpay Venture Investment Programme, as it is named, will scout for opportunities in sectors like fintech, travel, healthcare, hospitality, retail and ecommerce. But the company intends to invest only in business-to-business (B2B) startups. The Reserve Bank of India-licensed payment aggregator believes that India will see 10-15 B2B unicorns getting created over the next five years. ...Less

- Razorpay shared donor data with police, claims Alt News
It alleged that Razorpay had handed over Alt News donor data to the police. "This was done without inform ...More
It alleged that Razorpay had handed over Alt News donor data to the police. "This was done without informing us, or without even a preliminary investigation of any violation on the part of Alt News," it said. Delhi Police is probing the donations received by Alt News and has arrested its co-founder Mohammed Zubair. ...Less

- Razorpay buys Ezetap to tap into offline payments
Razorpay, which is valued at more than $7 billion and offers payment gateway services for online merchant ...More
Razorpay, which is valued at more than $7 billion and offers payment gateway services for online merchants, said in a statement that the acquisition was its biggest to date. Ezetap, whose products include point-of-sale machines, processes more than $10 billion in annual transactions in India. ...Less

- Razorpay acquires rewards management company Poshvine
This is Razorpay’s fourth acquisition this year and the seventh overall. It comes close on the heels of i ...More
This is Razorpay’s fourth acquisition this year and the seventh overall. It comes close on the heels of its $200-million acquisition of offline point-of-sale (PoS) firm Ezetap in August this year ...Less

- Delhi HC orders Meta, WhatsApp, NPCI and banks to restrict accounts misusing Razorpay’s identity
The Delhi High Court has directed social media platforms to remove accounts misusing Razorpay's trademark ...More
The Delhi High Court has directed social media platforms to remove accounts misusing Razorpay's trademark for fraudulent activities. Banks are instructed to freeze accounts used by fraudsters. Razorpay obtained a John Doe order to prevent unauthorized use of its trademark and protect customers against scams. Legal action taken against fake recruiters on WhatsApp, Facebook, Telegram to maintain brand trust. ...Less

- Lightspeed, Moore Strategic Ventures invest in Razorpay’s $75 million secondary share sale
Razorpay said about 650 current and former employees have sold their stock options as part of this share ...More
Razorpay said about 650 current and former employees have sold their stock options as part of this share sale. According to the company, this is the fourth and biggest Esop (employee stock options programme) buyback since it started operations in 2014. Its previous Esop buyback was for $10 million in March 2021. ...Less

- Razorpay makes international foray with Curlec acquisition
Razorpay will take its payments stack, including payment links, payment pages and gateway services, to th ...More
Razorpay will take its payments stack, including payment links, payment pages and gateway services, to the Malaysian market. Over time, it is expected to take these services to other key Southeast Asian markets including Indonesia, Thailand and the Philippines. ...Less
- Razorpay in talks for Sequoia-led $100 million infusion
The fresh capital will be largely used for expansion of the new businesses of the company, known as Razor ...More
The fresh capital will be largely used for expansion of the new businesses of the company, known as Razorpay 2.0. ...Less
- Razorpay launches UPI switch in partnership with Airtel Payments Bank
Razorpay said this infrastructure can handle up to 10,000 transactions per second, at any given time, and ...More
Razorpay said this infrastructure can handle up to 10,000 transactions per second, at any given time, and enable five times faster access to UPI innovations for businesses. ...Less
- Razorpay’s forex service to help founders transfer funding to India
This is the second cross-border offering from Razorpay, which also allows small businesses to accept inte ...More
This is the second cross-border offering from Razorpay, which also allows small businesses to accept international payments from foreign customers. ...Less
- Razorpay launches account for Indian exporters, offers savings on overseas bank transfers
Razorpay on Wednesday announced the launch of its MoneySaver Export Account to offer up to 50 per cent sa ...More
Razorpay on Wednesday announced the launch of its MoneySaver Export Account to offer up to 50 per cent savings on international bank transfers for Indian exporters. The initiative allows exporters to receive international bank transfers from 160 countries. ...Less
- Tiger, YC, Yuri Milner to fund payments company, Razorpay
Sources said Razorpay is likely to raise around Rs 120 crore, mostly from internal investors, as it readi ...More
Sources said Razorpay is likely to raise around Rs 120 crore, mostly from internal investors, as it readies to take on the likes of Stripe and PayPal as well as domestic competitors. ...Less
- Razorpay to power UPI on IRCTC
It added Razorpay's payment gateway is expected to process more than a million transactions a month on IR ...More
It added Razorpay's payment gateway is expected to process more than a million transactions a month on IRCTC website and mobile app. ...Less
- Razorpay POS gets RBI nod for offline payment aggregator licence
With this authorisation, Razorpay now holds all three key RBI licences-online payment aggregator, cross-b ...More
With this authorisation, Razorpay now holds all three key RBI licences-online payment aggregator, cross-border payment aggregator (secured in December 2025), and offline payment aggregator, according to a company statement. ...Less
- Fintech firm Pop eyes $10-15 million round from Razorpay, others
Razorpay’s venture arm could mark its debut with a potential investment into Pop, a Bengaluru-based payme ...More
Razorpay’s venture arm could mark its debut with a potential investment into Pop, a Bengaluru-based payments and rewards platform. The India Quotient-backed startup is looking to raise $10-$15 million in funding as part of its first major institutional round, sources told us. ...Less
- Razorpay partners with Telegram for chatbot payments
Razorpay co-founder Shashank Kumar said this was the first of its kind integration for a payments company ...More
Razorpay co-founder Shashank Kumar said this was the first of its kind integration for a payments company in India with a chatbot. ...Less
- Razorpay buys fraud analytics firm Thirdwatch
Thirdwatch will operate as a subsidiary of Razorpay working out of their Bengaluru office. ...More
Thirdwatch will operate as a subsidiary of Razorpay working out of their Bengaluru office. ...Less
- Razorpay sets sight to achieve $50 billion TPV by 2021
In the last six months, Razorpay has witnessed a 40-45% month-on-month growth. The company recently becam ...More
In the last six months, Razorpay has witnessed a 40-45% month-on-month growth. The company recently became an unicorn. ...Less
- Razorpay launches payment buttons for SMEs and startups
Razorpay’s Payment Buttons provide businesses the option of accepting payments for multiple products, ser ...More
Razorpay’s Payment Buttons provide businesses the option of accepting payments for multiple products, services and events with different price ranges - all through a single button. ...Less
- Razorpay lands $75M funding led by Ribbit Capital
The company plans to use the proceeds on strengthening its two new business lines - neo-banking platform ...More
The company plans to use the proceeds on strengthening its two new business lines - neo-banking platform Razorpay X and its lending arm Razorpay Credit. ...Less
- Salesforce Ventures makes 'strategic' investment in Razorpay
The "strategic" investment will also help Razorpay expand its services in Southeast Asian markets, Harshi ...More
The "strategic" investment will also help Razorpay expand its services in Southeast Asian markets, Harshil Mathur, the chief executive and co-founder of the Bengaluru-based fintech startup. ...Less
- Razorpay set to achieve $90 billion TPV by 2022, launches products to help SMEs
Razorpay’s new products will help SMEs spend less time managing compliance and operations and more time c ...More
Razorpay’s new products will help SMEs spend less time managing compliance and operations and more time creating new products. ...Less
- Razorpay doubles down on existing customers as new onboarding remains paused
On Monday, Razorpay launched its latest solution, Optimizer, which will allow businesses with large trans ...More
On Monday, Razorpay launched its latest solution, Optimizer, which will allow businesses with large transaction volumes to avoid failures by rerouting them in real time. ...Less
- Razorpay picks Axis, Kotak, Citi, and JPMorgan to manage its IPO
Digital payments major Razorpay has appointed Axis Capital, Kotak Mahindra, JP Morgan, and Citibank as in ...More
Digital payments major Razorpay has appointed Axis Capital, Kotak Mahindra, JP Morgan, and Citibank as investment banks for its upcoming public listing. The company, valued at $7.5 billion, is reportedly aiming for an IPO towards the middle of this year. Razorpay recently completed a reverse-flip to India and competes with listed and soon-to-be-listed fintech players. ...Less
- NPCI, Razorpay join OpenAI to pilot agentic payments on ChatGPT
India's National Payments Corporation of India and Razorpay are partnering with OpenAI. This collaboratio ...More
India's National Payments Corporation of India and Razorpay are partnering with OpenAI. This collaboration will bring agentic payments to ChatGPT for Indian customers. Users can ask ChatGPT to order items, with transactions processed through Razorpay's system. This pilot program explores future AI-driven commerce and autonomous transactions. BigBasket is among the first merchants to support this new payment method. ...Less
- Razorpay acquires BillMe to build on its omnichannel capabilities
Founded in 2018, Mumbai-based BillMe helps merchants send digital bills to customers. It also provides cu ...More
Founded in 2018, Mumbai-based BillMe helps merchants send digital bills to customers. It also provides customer relationship management software to online and offline merchants to help decipher customer behaviour and boost engagement. ...Less
- Razorpay launches Q-Zap, new solution for faster offline billing
Razorpay launches Q-Zap for offline payments, reducing billing time by 40% and operating costs by 20%. Of ...More
Razorpay launches Q-Zap for offline payments, reducing billing time by 40% and operating costs by 20%. Offers seamless integrations with 120+ billing partners for efficient processing. ...Less
- Ex-Google engineering head Prabhu Rambadran joins Razorpay’s tech leadership
Razorpay has named Prabhu Rambadran, former Google engineering head, as senior vice president of engineer ...More
Razorpay has named Prabhu Rambadran, former Google engineering head, as senior vice president of engineering. He will oversee product innovation and technology across payments, banking, intelligence, customer engagement, and core infrastructure. With 18 years’ experience, Prabhu has held multiple leadership roles in various organisations, including Google, Microsoft, and Nutanix. ...Less
- Razorpay set for confidential IPO filing; valuation may fall to around $5 billion
The fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability a ...More
The fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walmart-backed PhonePe paused its $1.3 billion IPO last month, citing West Asia conflict. ...Less
- Razorpay launches full-stack payments in Malaysia
The company had acquired recurring payments startup Curlec in 2022 and its full-stack payment product is ...More
The company had acquired recurring payments startup Curlec in 2022 and its full-stack payment product is now going live. Razorpay will also leverage Malaysia to enter other South East Asian countries. ...Less
- ETtech Exclusive | In ‘reverse flip’, Razorpay parent entity plans to return to India from the US
The Y Combinator-backed Razorpay, valued at $7.5 billion, had to necessarily domicile itself in the US, w ...More
The Y Combinator-backed Razorpay, valued at $7.5 billion, had to necessarily domicile itself in the US, when it raised funds from the Silicon Valley famed incubator. Razorpay offers payment services to merchants. ...Less
- Razorpay’s ‘reverse flip’ to India may entail $300 million tax payment in US
Razorpay will seek clearance from the National Company Law Tribunal (NCLT) in the next two months to merg ...More
Razorpay will seek clearance from the National Company Law Tribunal (NCLT) in the next two months to merge its American holding company with its India unit. It would then also officially appoint an auditor for the valuation discussions. ...Less
- RBI directs Razorpay to pause onboarding new merchants
Razorpay, Stripe and Pine Labs were granted in-principle approvals for payment-aggregator licences in Jul ...More
Razorpay, Stripe and Pine Labs were granted in-principle approvals for payment-aggregator licences in July. In September, Cashfree had also received an in-principle nod from the banking regulator for its payment-aggregator licence. ...Less
- Only domestic payments enabled for Alt News: Razorpay
Amid concerns over the data that Razorpay may have shared, he said the specific scope of the investigatin ...More
Amid concerns over the data that Razorpay may have shared, he said the specific scope of the investigating agencies' request was only to determine whether there were any foreign donations. "And therefore donors' PAN, address, pin code etc were not shared, which we believed were outside the scope of the investigation," he said. ...Less
- Need till 2026 to hit full profitability, expect to grow by 50% over previous year: Razorpay CEO
Razorpay plans to move its parent company to India from the US. The company has applied to the RBI for ap ...More
Razorpay plans to move its parent company to India from the US. The company has applied to the RBI for approval. It expects a $200 million tax payout to US authorities. Razorpay aims to go public in two years. The shift may reduce its fair market value. The company processes $180 billion in transactions annually. ...Less
- Razorpay, PayPal come together to help MSMEs
By integrating PayPal into Razorpay’s payment platform, freelancers and MSMEs will be able to accept inte ...More
By integrating PayPal into Razorpay’s payment platform, freelancers and MSMEs will be able to accept international payments easily. ...Less
- Razorpay announces $10 million ESOP sale involving all employees
All existing and former employees of the company who hold vested stocks will be eligible to sell up to 33 ...More
All existing and former employees of the company who hold vested stocks will be eligible to sell up to 33% of their vested ESOP shares ...Less
- Razorpay FY22 net profit up 19% to Rs 7.37 crore
Revenue from operations for FY22 stood at Rs 1,481.1 crore. ...More
Revenue from operations for FY22 stood at Rs 1,481.1 crore. ...Less
- Razorpay partners with vibe coding startup Replit to localise payments for Indian developers
With this collaboration, Razorpay's payment infrastructure will be integrated with Replit's AI software c ...More
With this collaboration, Razorpay's payment infrastructure will be integrated with Replit's AI software creation platform, enabling Indian developers to pay for subscriptions easily and turn their AI-built applications into scalable, monetised products. ...Less
- Lightspeed may invest in Razorpay’s $100 million secondary share sale
The startup’s angel investors, employees and some other investors are offloading shares in what could be ...More
The startup’s angel investors, employees and some other investors are offloading shares in what could be one of the company's largest secondary sale deals since it was founded. In a secondary share sale, new investors buy shares from existing investors but the money doesn’t go to the company. ...Less
- Former OnePlus marketing head, Karan Sarin joins Razorpay
"At Razorpay, we want to lead and set a high benchmark for B2B marketing and that’s the most exciting par ...More
"At Razorpay, we want to lead and set a high benchmark for B2B marketing and that’s the most exciting part about my new role," said Sarin. ...Less
- Razorpay executives try a MarsShot
A group of top executives from fintech startup Razorpay, including co-founders Harshil Mathur and Shashan ...More
A group of top executives from fintech startup Razorpay, including co-founders Harshil Mathur and Shashank Kumar, have set up MarsShot Ventures, an investment fund focused on early-stage startups in India. ...Less
- Razorpay acquires lending firm TERA Finlabs; strengthens MSME play
TERA Finlabs is an Indian subsidiary of GAIN Credit, a UK digital lender launched in 2018. ...More
TERA Finlabs is an Indian subsidiary of GAIN Credit, a UK digital lender launched in 2018. ...Less
- Razorpay payments business reports net profit of Rs 34 crore in FY24; total income at Rs 2,501 crore
The company said its annualised total payments volume reached $180 billion. The financials are part of Ra ...More
The company said its annualised total payments volume reached $180 billion. The financials are part of Razorpay Software, within which the domestic payments business is housed. But the Peak XV Partners and Tiger Global-backed company, headquartered in the US, is currently in the process of reverse flipping its head office to India. ...Less
- As RBI lifts curbs, Razorpay, Cashfree eye lost market share
With both Razorpay and Cashfree back in the business, industry insiders said there could be a price war b ...More
With both Razorpay and Cashfree back in the business, industry insiders said there could be a price war breaking out in the online merchant payment space. ...Less
- Razorpay eyes $90 billion TPV by 2022, launches new solutions to enhance payment experience
The unicorn, which is backed by investors like Tiger Global, Sequoia Capital India and Mastercard, has an ...More
The unicorn, which is backed by investors like Tiger Global, Sequoia Capital India and Mastercard, has announced the launch of three new products that are aimed at simplifying payment management processes for businesses. ...Less
- Razorpay cofounder Shashank Kumar takes over as MD
Murali Brahmadesam, a former executive at Amazon Web Services (AWS), will take over as CTO and head of en ...More
Murali Brahmadesam, a former executive at Amazon Web Services (AWS), will take over as CTO and head of engineering in place of Kumar. ...Less
- Razorpay sets up new independent advisory board
Digital payments provider ropes in former deputy governor of the Reserve Bank of India N Vishwanathan ...More
Digital payments provider ropes in former deputy governor of the Reserve Bank of India N Vishwanathan ...Less
- Razorpay can go public in a few years without raising more funds, say company founders
Winner or the Startup of the Year category at the ET Startup Awards 2022, Razorpay has already surpassed ...More
Winner or the Startup of the Year category at the ET Startup Awards 2022, Razorpay has already surpassed its annual gross transaction value (GTV) target of $90 billion for this year, hitting the $100 billion mark even as online businesses are starting to see a slowdown. ...Less
- Razorpay gets $20 million from Y Combinator, Tiger Global and Matrix Partners
Razorpay had earlier raised $11.5 million, including a strategic investment by MasterCard in 2016. ...More
Razorpay had earlier raised $11.5 million, including a strategic investment by MasterCard in 2016. ...Less
- Razorpay gets $20 million to fend off rivals like PayPal, Stripe
CEO Harshil Mathur said Razorpay is focused on domestic players and will use the funding to scale up rece ...More
CEO Harshil Mathur said Razorpay is focused on domestic players and will use the funding to scale up recently launched services for businesses. ...Less
- Tax payout for domiciling to India is high but we have accounted for it: Razorpay CEO
“We are at least two years from an IPO... Before that we want other parts of our business to break even a ...More
“We are at least two years from an IPO... Before that we want other parts of our business to break even and be profitable on all fronts. Our (online) payments business is break-even,” said cofounder and chief executive Harshil Mathur. ...Less
- Effitrac Solutions partners RazorpayX to empower MSME customers
The banking platform will empower Effitrac customers with payout links, book-keeping in autopilot mode, a ...More
The banking platform will empower Effitrac customers with payout links, book-keeping in autopilot mode, automated TDS, and give them access to capital services when needed through Effitrac’s Neobooks. ...Less
- Razorpay eyes IPO; Sarvam's $1.5 billion leap
Happy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more ...More
Happy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch. ...Less
- ET Soonicorns Summit: Razorpay CFO Arpit Chug says growth key ahead of IPO
Chug’s comments come in the background of several Indian startups adjusting their business models to show ...More
Chug’s comments come in the background of several Indian startups adjusting their business models to show profitability ahead of listing, following years of cash burn. The RBI’s tighter regulatory framework for fintechs has also put additional pressure on players like Razorpay to show stronger compliance and sustainable growth. ...Less
- Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two years
The digital payments firm currently processes around $1 billion in TPV in Southeast Asia, said cofounder ...More
The digital payments firm currently processes around $1 billion in TPV in Southeast Asia, said cofounder and MD Shashank Kumar. ...Less