Karthik has held leadership roles at American Express, Citibank, Amazon, Tata, and Razorpay, where he wor ...More

Karthik has held leadership roles at American Express, Citibank, Amazon, Tata, and Razorpay, where he worked on scaling operations, improving operating models, and standardising end-to-end merchant journeys. He brings more than 25 years of experience across operations, risk, analytics, and technology. ...Less

Razorpay has launched an AI foundation model to enhance online payment success. This advanced system impr ...More

Razorpay has launched an AI foundation model to enhance online payment success. This advanced system improves fraud detection and payment routing capabilities significantly. The model learns from billions of transactions, processing thousands of signals per payment. Beta tests show improved success rates and better fraud identification for merchants. ...Less

Skydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category c ...More

Skydo co-founder Movin Jain says fintechs together account for only 1-2% of the market, making category creation a bigger priority than competing on price. ...Less

Founded by Suman Gandham and Vikash Srivastava, Vobiz is betting that the rise of AI voice agents will re ...More

Founded by Suman Gandham and Vikash Srivastava, Vobiz is betting that the rise of AI voice agents will require a telecom layer built for machine-led conversations rather than traditional call centres. ...Less

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, De ...More

With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards. ...Less

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for ...More

The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories. ...Less

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winne ...More

Groww won the top prize at the 12th edition of the Economic Times Startup Awards. The list of other winners, and more, in today’s ETtech Top 5. ...Less

The Midas Touch award recognises the most lucrative exit of the year. The decision will be based on both ...More

The Midas Touch award recognises the most lucrative exit of the year. The decision will be based on both the number of deals and the size of the exit. ...Less

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick th ...More

Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026. ...Less

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil ...More

PhonePe cofounder and chief executive, Sameer Nigam, and Razorpay cofounder and chief executive, Harshil Mathur, have argued in favour of a sustainable business model that echoes the position of the Payments Council of India (PCI). The industry association has sought to separate free everyday payments from charges on select merchant transactions to ensure commercial viability of the service. ...Less

After nearly ten years in a conventional 9-to-5 job, Harvard alumna Charmie Kapoor has embraced the liber ...More

After nearly ten years in a conventional 9-to-5 job, Harvard alumna Charmie Kapoor has embraced the liberating freedom of leaving the corporate grind behind. She discovered how much of her life was consumed by routine and has opted for a life focused on existential happiness, even declining a promising startup opportunity she would have eagerly accepted before. ...Less

PhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable ...More

PhonePe and Razorpay leaders affirmed UPI payments will stay free for consumers. They support sustainable revenue models for payment infrastructure and businesses. Larger businesses may face merchant charges, while small merchants remain exempt. This follows parliamentary approval to allow charges on digital payment modes. Future charges will be borne by businesses, not by customers. ...Less

Happy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. T ...More

Happy Monday! Inflation and pricier inputs may take some shine off this year's ecommerce festive sales. This and more in today’s ETtech Morning Dispatch. ...Less

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

Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech ...More

Ola Electric’s auditor has raised a red flag in the company’s Q1 results. This and more in today’s ETtech's Top 5. ...Less

The company’s shareholders on July 25 approved the issue of 5,074 pre-series C compulsorily convertible p ...More

The company’s shareholders on July 25 approved the issue of 5,074 pre-series C compulsorily convertible preference shares at Rs 71,693.02 apiece to the fund through a private placement. The transaction marks a 32% increase from the Rs 865 crore valuation in its previous round. ...Less

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

Nykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more ...More

Nykaa reported strong quarterly growth, on the back of healthy sales across its businesses. This and more in today's ETtech Top 5. ...Less

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This a ...More

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning Dispatch. ...Less

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 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

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

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

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

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

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'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

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5. ...More

Fresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5. ...Less

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 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 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

In the role of CPO, Haria will be responsible for shaping the company’s product strategy and enhancing Ra ...More

In the role of CPO, Haria will be responsible for shaping the company’s product strategy and enhancing Razorpay’s product stack. ...Less

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

Sources told ET that Razorpay has paid $150 million for the deal, of which $100 million will be cash payo ...More

Sources told ET that Razorpay has paid $150 million for the deal, of which $100 million will be cash payouts to Ezetap’s shareholders. ...Less

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 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 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

The newly minted unicorn, whose business trebled in a pandemic year, currently employs 1,300 people—550 o ...More

The newly minted unicorn, whose business trebled in a pandemic year, currently employs 1,300 people—550 of which came on board in the last year itself. ...Less

Razorpay will focus on rolling out products related to vendor management, invoice management, tax payment ...More

Razorpay will focus on rolling out products related to vendor management, invoice management, tax payment and expense management for RazorpayX. ...Less

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

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

The deal marks Razorpay’s fifth acquisition since its inception in 2014. The company made its internation ...More

The deal marks Razorpay’s fifth acquisition since its inception in 2014. The company made its international foray last month, after it acquired Malaysian fintech firm Curlec. ...Less

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 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

Mobikwik has entered into a partnership with Razorpay, a payment gateway startup and Y Combinator alum, t ...More

Mobikwik has entered into a partnership with Razorpay, a payment gateway startup and Y Combinator alum, to eliminate common online payment woes for online retailers. ...Less

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 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

Fintech startup Razorpay is in talks with existing investors such as GIC, Tiger Global and Sequoia Capita ...More

Fintech startup Razorpay is in talks with existing investors such as GIC, Tiger Global and Sequoia Capital to raise $150-200 million at nearly double its existing valuation. ...Less

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

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

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

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

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 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 Payment Pages will be launched for fee collection at educational institutes, by event organisers ...More

Razorpay Payment Pages will be launched for fee collection at educational institutes, by event organisers, utility companies for bill payments and more. ...Less

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 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 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

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 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

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

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

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

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 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

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

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’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

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

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’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

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

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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

"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

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

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

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

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

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

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

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

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 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