• Codex has grown 27x since early 2026, and more than quarter of user requests on the platform are for non- ...More

    Codex has grown 27x since early 2026, and more than quarter of user requests on the platform are for non-coding tasks, the company said in a report. ...Less

  • 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

  • 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

  • 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

  • A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Att ...More

    A grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits for AWS, Azure, and OpenAI at reduced prices, with some facing activation issues and restrictions. These messages are from founders, engineers and student builders. ...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

  • The venture capital firm, which was initially looking to raise as much as $500 million for its fifth Indi ...More

    The venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target size to around $300-350 million, the people said, requesting anonymity as the discussions are private. ...Less

  • Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle C ...More

    Three former Peak XV Partners, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital. The new venture capital fund aims to raise $350-400 million. Mettle Capital will invest in Indian startups at Series A and B stages, with selective seed bets. The fund plans to close its fundraising within the next quarter and begin deploying capital by September-October. ...Less

  • Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imp ...More

    Happy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETtech Morning Dispatch. ...Less

  • Groww investors reap bumper returns; Lightspeed’s India rethink

    Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and ...More

    Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch. ...Less

  • Gift City turns growth lever for cross-border digital payment firms

    Cross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Servi ...More

    Cross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cater to international travelers and businesses. Companies like Razorpay, Cashfree, and Skydo are exploring this route to offer multi-currency wallets and streamline import-export flows, complementing existing RBI licenses. ...Less

  • Payments companies see PoS pause on war-related imports squeeze

    India's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to dis ...More

    India's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and West Asia crisis. This has led to a 15-20% price increase for devices, forcing companies to extend terminal lifecycles and manage existing assets more effectively. ...Less

  • Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift City

    Happy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital dat ...More

    Happy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing computing power into space. This and more in today’s ETtech Morning Dispatch. ...Less

  • New-age B-school report highlights strong startup placements and early offers

    Mesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has release ...More

    Mesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement outcomes showing an average CTC of ₹26 lakh for its first two cohorts,with 60% of graduates in founder-facing roles and a 2.8x average salary jump. ...Less

  • Flipkart names Sharayu Jadhav as VP Legal, Varun Gupta as VP Corporate Development

    Flipkart has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Cor ...More

    Flipkart has appointed Sharayu Jadhav as Vice President of Legal and Varun Gupta as Vice President of Corporate Development. Jadhav returns to Flipkart with extensive legal experience. Gupta joins from Reliance, bringing corporate development expertise. These appointments strengthen Flipkart's leadership as it prepares for its IPO. The company has made several other key leadership hires recently. ...Less

  • Pine Labs acquires ecommerce enabler Shopflo for Rs 88 crore

    Digital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aim ...More

    Digital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aiming to strengthen its online merchant offerings. This strategic move allows Pine Labs to expand its reach into the mid-market and small business segments, intensifying competition with rivals like Razorpay and PayU. ...Less

  • Platforms, brands accelerate agentic commerce push as fintechs plug payment gaps

    Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerc ...More

    Indian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomously on platforms like ChatGPT. Fintechs have enabled payments, paving the way for automated searching, ordering, and payment. Brands are preparing for this future, with quick commerce and travel sectors leading adoption. ...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

  • 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 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

  • Acko plans confidential IPO filing to raise $250 million; targets $2.5 billion valuation

    Digital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and ...More

    Digital insurer Acko is gearing up for a confidential IPO, aiming to raise approximately $250 million and seeking a valuation between $2-2.5 billion, according to people familiar with the matter. Appointing top investment banks, the company plans to file its prospectus by June. Acko, founded by Varun Dua, offers direct-to-consumer insurance and has significant investor backing. ...Less

  • Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards win

    Happy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’ ...More

    Happy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch. ...Less

  • Nervous Indian fintechs push Anthropic for access to Mythos

    One97 Communications, Razorpay Software and Pine Labs are among the Indian companies that have pushed the ...More

    One97 Communications, Razorpay Software and Pine Labs are among the Indian companies that have pushed the San Francisco-based AI developer to let them test Mythos and detect vulnerabilities on their own systems. Their requests came after Anthropic announced a limited roll-out of its latest large-language model, which it considers too dangerous to release more widely. ...Less

  • Every rupee saved in supply chain costs goes back to customers: Zepto's Aadit Palicha at YC Startup School

    Zepto aims to be India's top grocery delivery platform in the next four to five years. Cofounder Aadit Pa ...More

    Zepto aims to be India's top grocery delivery platform in the next four to five years. Cofounder Aadit Palicha believes this success could position Zepto as India's own Amazon. The company is preparing for a significant IPO, engaging with investors. Palicha highlighted the importance of early focus and operational efficiency in their growth strategy. ...Less

  • I never wanted to be a VC: Harshita Arora on why she joined YC as its youngest general partner

    Harshita Arora, 24, makes history as Y Combinator's youngest general partner. She initially joined as a v ...More

    Harshita Arora, 24, makes history as Y Combinator's youngest general partner. She initially joined as a visiting partner, finding her calling in mentoring founders. Arora's unconventional journey from Saharanpur, Uttar Pradesh, highlights her self-taught coding skills and entrepreneurial drive. ...Less

  • Y Combinator comes to India with Startup School, draws a crowd, faces some teething troubles

    Y Combinator's inaugural Startup School in India drew over 2,000 aspiring founders, eager to learn from e ...More

    Y Combinator's inaugural Startup School in India drew over 2,000 aspiring founders, eager to learn from established entrepreneurs like Zepto's Aadit Palicha and Emergent’s Mukund Jha. The event highlighted the burgeoning AI-native startup scene in India, with YC encouraging builders to focus on cutting-edge ideas for global impact. ...Less

  • Is Rs 70 LPA salary common for Bengaluru techies? Entrepreneur gives a breakdown of real salaries, ‘80% of engineers earn….’

    A startup founder debunked the notion of ₹70 lakh salaries being routine in Bengaluru's tech sector, high ...More

    A startup founder debunked the notion of ₹70 lakh salaries being routine in Bengaluru's tech sector, highlighting that such high pay is concentrated in the top 5% of elite firms. The majority of engineers, around 60-70%, work in IT service companies with salaries between ₹3-20 lakh, with the overall average estimated at ₹18-20 lakh annually. ...Less

  • Consumer company CTOs want engineers who can think, not just code

    New-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they bec ...More

    New-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they become AI-first. Hiring for engineering roles has surged, with a focus on system thinking and AI collaboration. Companies are shifting technology from a support function to a core business driver, demanding engineers engage with customers and co-own product outcomes. ...Less

  • Cashfree appoints ex-Visa finance head Sameer Gandhi as its new CFO

    Bengaluru payments processor Cashfree has appointed Sameer Gandhi as its new Chief Financial Officer. Gan ...More

    Bengaluru payments processor Cashfree has appointed Sameer Gandhi as its new Chief Financial Officer. Gandhi previously led finance at Visa India. He will now guide Cashfree's financial strategy and enhance commercial operations. This move supports the company's aim for accelerated growth and profitability in the coming quarters. Cashfree processes over $80 billion in transactions annually. ...Less

  • OpenAI ranks India among top AI markets globally, highlights adoption gap

    India is a global leader in AI usage, particularly in coding and complex problem-solving. However, AI ado ...More

    India is a global leader in AI usage, particularly in coding and complex problem-solving. However, AI adoption is heavily concentrated in a few major cities. OpenAI highlights a significant capability gap between these urban hubs and other regions. ...Less

  • India has strong pipeline of ideas, keen to back local founders: Y Combinator’s Ankit Gupta

    In an exclusive interview ahead of Y Combinator’s Startup School India 2026 event, Ankit Gupta, the accel ...More

    In an exclusive interview ahead of Y Combinator’s Startup School India 2026 event, Ankit Gupta, the accelerator’s general partner, said the firm remains keen on backing Indian founders, adding that the country has an abundance of great startup ideas because of its ``raw technical talent’’. ...Less

  • Large AI firms hoovering maximum funding, not enough for smaller startups: Y Combinator’s Ankit Gupta

    Ankit Gupta spoke to ET ahead of the accelerator’s Startup School event in Bengaluru on April 18 — the fi ...More

    Ankit Gupta spoke to ET ahead of the accelerator’s Startup School event in Bengaluru on April 18 — the first in India. In order to tap aspiring entrepreneurs across colleges and universities, Gupta said YC will be visiting IIT Delhi this week and holding a programme there. ...Less

  • Govt notifies establishment of Rs 10,000 crore Fund of Funds 2.0

    This second tranche of the Fund of Funds will seek to mobilise venture capital and support deeptech, tech ...More

    This second tranche of the Fund of Funds will seek to mobilise venture capital and support deeptech, tech-driven, innovative manufacturing startups, and early-growth stage enterprises. ...Less

  • YC partner on AI's funding gap, Indian startups; TCS CEO talks IT's resilience

    Happy Monday! Y Combinator’s Ankit Gupta told ET in an exclusive chat that AI money is crowding at the to ...More

    Happy Monday! Y Combinator’s Ankit Gupta told ET in an exclusive chat that AI money is crowding at the top while early founders scramble for scraps. This and more in today's ETtech Morning Dispatch. ...Less

  • Masters’ Union launches Rs 100 crore venture fund to back founders under 25

    Masters’ Union has launched MU Ventures, a Rs 100 crore fund to support founders under 25. It will invest ...More

    Masters’ Union has launched MU Ventures, a Rs 100 crore fund to support founders under 25. It will invest small early-stage amounts and offer mentorship and resources. Led by Partham Mittal, the initiative aims to address the lack of initial funding for young startups in India. ...Less

  • Fintechs clash in cross-border payments; TCS closes FY26 strong

    Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground ...More

    Happy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech Morning Dispatch. ...Less

  • ISB Class of 2026 sees highest salary of Rs 1.56 crore, average salary of Rs 37.29 lakh during placements

    The Indian School of Business PGP Class of 2026 achieved significant placement success. A total of 1,117 ...More

    The Indian School of Business PGP Class of 2026 achieved significant placement success. A total of 1,117 job offers were extended to 808 students across its campuses. The average salary package reached Rs 37.29 lakh per annum. Consulting, technology, and BFSI sectors were the dominant hiring domains. Accenture emerged as the top recruiter. ...Less

  • Razorpay, Sarvam AI partner to bring voice-AI conversational commerce to India

    Voice-led conversational commerce allows users to search for products, place orders, and make payments us ...More

    Voice-led conversational commerce allows users to search for products, place orders, and make payments using natural language. Per Sarvam AI, the new offering will first go live with the food delivery platform Swiggy, allowing users to order food by speaking to an AI assistant on the Indus App. ...Less

  • Swiggy, Sarvam partner to launch voice ordering in Indian languages for food, quick commerce

    Swiggy is launching voice ordering for food and groceries. Users can now order and book tables by speakin ...More

    Swiggy is launching voice ordering for food and groceries. Users can now order and book tables by speaking in their preferred Indian language. This new feature uses Sarvam's AI assistant, Indus. The integration covers Swiggy, Instamart, and DineOut. Razorpay is also part of the end-to-end process. This innovation aims to make ordering easier for millions across India. ...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’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

  • 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 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

  • Fintech Razorpay eyes global brands for high-margin biz in run-up to IPO

    The digital payments major has deployed its payments stack with global brands such as Airbnb, Decathlon, ...More

    The digital payments major has deployed its payments stack with global brands such as Airbnb, Decathlon, and McDonald’s. CEO Harshil Mathur said Indian cards often require special integrations such as card tokenisation, data localisation, and recurring payment rules to function on global payment platforms. If those guidelines are not implemented, only 30% of customers can complete transactions, he added. ...Less

  • Razorpay elevates Khilan Haria as chief product officer

    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

  • Fintech unicorn Razorpay acquires Ezetap in a cash-and-equity deal

    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 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

  • GIC, Sequoia in Razorpay's $100 million round; valuation may hit $1 billion

    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

  • 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 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 acquires payments tech startup IZealiant Technologies

    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

  • 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

  • Mobikwik ties up with Razorpay

    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

  • Zetwerk IPO: Company files confidential papers for Rs 5,000 crore offering

    Zetwerk IPO update: Zetwerk has filed a confidential prospectus with the Securities and Exchange Board of ...More

    Zetwerk IPO update: Zetwerk has filed a confidential prospectus with the Securities and Exchange Board of India for an IPO, and is planning a Rs 5,000 crore offering while exploring a pre-IPO round. The startup is facing weaker market conditions, with new-age IPOs under pricing pressure and investors seeking aggressive valuations. Its operating revenue fell 11% in fiscal 2025, though net loss narrowed. ...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 looks to hire more than 650 employees in next 10 months

    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 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

  • 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 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 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

  • Scoop: Razorpay looks at $2 billion valuation in new funding round

    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 launches payment pages designed to help 10,000 SMEs with custom-branded hosted pages

    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

  • 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 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 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’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 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

  • 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

  • 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

  • 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

  • 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 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

  • 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 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 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 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

  • 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

  • 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

  • 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 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

  • 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 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

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