The Karnataka High Court has dismissed a plea by Razorpay executives Harshil Mathur and Shashank Kumar se ...More

The Karnataka High Court has dismissed a plea by Razorpay executives Harshil Mathur and Shashank Kumar seeking to quash an SFIO complaint in a case linked to an alleged Chinese-controlled digital lending network. The court said the allegations involving merchant onboarding, KYC verification, due diligence and transaction monitoring raise disputed questions of fact that must be examined during trial. ...Less

ET reported on April 20 that Razorpay was preparing a confidential IPO filing to raise Rs 5,500-6,500 cro ...More

ET reported on April 20 that Razorpay was preparing a confidential IPO filing to raise Rs 5,500-6,500 crore at an expected valuation of $5 billion (Rs 49,000-50,000 crore), below the $7.5 billion (around Rs 6,000 crore then) it commanded in its last major private funding round in 2021. ...Less

Razorpay has attained a payment service provider licence from the International Financial Services Centre ...More

Razorpay has attained a payment service provider licence from the International Financial Services Centres Authority. This licence allows the company to process foreign-currency payments from its base in Gift City, Gujarat. The approval enables Razorpay to offer multi-currency accounts and facilitate international transactions. With established integrations with RBL Bank and ICICI Bank, the service is expected to be utilized shortly. ...Less

Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and mor ...More

Happy Thursday! Premji Invest is stepping up its bets on defence and aerospace manufacturing.This and more in today’s ETtech Morning Dispatch. ...Less

Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in ...More

Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US banks, including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley, reportedly flagged AI agents such as Meta’s Muse accessing customer accounts using login credentials voluntarily shared by users laying bare the risks of handing AI agents the keys to consumers’ digital lives. ...Less

At Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three week ...More

At Bengaluru-based Cashfree, attempted attacks have been taking place repeatedly over the past three weeks, occurring at least 10 times as frequently as a year ago, chief technology officer Ramkumar Venkatesan told ET. Attackers are increasingly combining multiple vulnerabilities to attack systems, he said. ...Less

Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. Thi ...More

Happy Monday! Fintechs are stepping up security as AI-powered cyberattacks become more sophisticated. This and more in today’s ETtech Morning Dispatch. ...Less

Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This an ...More

Diwali spending fuelled a surge in UPI transactions, with both payment volumes and values rising. This and more in today’s ETtech Top 5. ...Less

Two critical security flaws in PHP, the programming language underpinning an estimated 70% of the interne ...More

Two critical security flaws in PHP, the programming language underpinning an estimated 70% of the internet, have triggered emergency cybersecurity measures in India. Banks are auditing applications and preparing backups, while the government is patching official websites. Razorpay has deployed AI-led vulnerability detection and warned merchants about potential breaches. ...Less

As enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI ...More

As enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI tools. Simplismart, founded by former Oracle and Google engineers Jain and Devansh Ghatak, provides software that helps enterprises select and deploy AI models suited to their specific workloads and run things more efficiently. ...Less

Banks have begun auditing applications for weaknesses, taking some non-critical services offline and prep ...More

Banks have begun auditing applications for weaknesses, taking some non-critical services offline and preparing backups to divert traffic if parts of their websites or mobile applications experience downtime, according to executives. ...Less

Razorpay has teamed up with OpenAI to introduce advertising on ChatGPT for Indian enterprises. This colla ...More

Razorpay has teamed up with OpenAI to introduce advertising on ChatGPT for Indian enterprises. This collaboration features well-known brands such as Tanishq, Tata Neu, and Axis Max Life among the initial participants. The ads will be displayed directly beneath the ChatGPT responses, clearly marked as advertisements. Users can conveniently click these ads, redirecting them to shopping pages without affecting the responses generated by ChatGPT. ...Less

Under the partnership, Razorpay Engage, the company's customer engagement and marketing platform, will he ...More

Under the partnership, Razorpay Engage, the company's customer engagement and marketing platform, will help brands prepare product catalogues, structure feeds, launch campaigns and track their performance on ChatGPT Ads. ...Less

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top f ...More

Happy Monday! The Economic Times Startup Awards (ETSA) 2026 ceremony brought together the country’s top founders, investors, and policymakers in Bengaluru for a Friday evening of sharp insights and spirited conversations. ...Less

The GST Council is expected to consider easing compliance for small ecommerce sellers. This and more in t ...More

The GST Council is expected to consider easing compliance for small ecommerce sellers. This and more in today’s ETtech Top 5. ...Less

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecos ...More

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecosystem that has moved beyond the race for scale to pursue technological depth, durable businesses and international markets. ...Less

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and mo ...More

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispatch. ...Less

ElevenLabs, recently valued at $22 billion, is expanding its research, engineering, and deployment teams ...More

ElevenLabs, recently valued at $22 billion, is expanding its research, engineering, and deployment teams in the country, which is now its second-largest market, with over 250 enterprise clients. Staniszewski expects voice agents to move beyond customer support into sales and operations, with India potentially leading some of those applications. ...Less

Anthropic has launched its Claude AI models in India for local processing through Amazon Bedrock. This de ...More

Anthropic has launched its Claude AI models in India for local processing through Amazon Bedrock. This development addresses data residency concerns for banks, government institutions, and large enterprises. Companies, including TCS and Kotak Bank, expressed support and enthusiasm for local AI inference. ...Less

Apple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issue ...More

Apple Pay initially supports Visa and Mastercard credit cards issued by Axis Bank. Other large card issuers, including HDFC Bank, ICICI Bank and SBI Card, are currently not live on the service. ...Less

Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for ...More

Apple Pay has officially made its debut in India, providing a seamless contactless payment experience for users. With Axis Bank Visa and Mastercard credit cardholders now able to use Apple Pay, transactions can be completed effortlessly at various merchants. This innovative service ensures security while shopping online and in-store without the hassle of PINs or OTPs. ...Less

In an exciting development, Apple has rolled out its payment service, Apple Pay, in India through a colla ...More

In an exciting development, Apple has rolled out its payment service, Apple Pay, in India through a collaboration with Axis Bank. Users holding Axis Bank cards can easily enact contactless transactions. The process of adding cards is straightforward with the Wallet app or the Axis Bank app, with no need for PINs or OTPs. ...Less

Apple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank c ...More

Apple Pay has officially launched in India, allowing users to make contactless payments using Axis Bank credit cards. Users can add their Visa and Mastercard credit cards to Apple Pay to facilitate these payments. The service provides a secure and private method for transactions without requiring PINs or OTPs. This launch marks a significant expansion in digital payment options available to Indian consumers. ...Less

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile ...More

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile deals with the UK, which came into force in July, and the EU, which is expected to take effect early next year. His ministry is also overhauling a raft of laws and regulations to make it easier to do business and to cement India's position as a global manufacturing hub, a push that has coincided with record foreign direct investment (FDI) inflows of $94.53 billion in FY26. ...Less

Apple pay india launch: Apple has officially launched Apple Pay in India. This contactless payment servic ...More

Apple pay india launch: Apple has officially launched Apple Pay in India. This contactless payment service allows for easy and secure transactions at various merchants across the country. Users can add their cards to the Apple Wallet through the Axis Bank app or the Wallet app. Apple Pay is designed to enhance security through tokenisation and device-level protections. ...Less

Razorpay-backed POP has launched POPchop, a BNPL product allowing eligible shoppers to split purchases in ...More

Razorpay-backed POP has launched POPchop, a BNPL product allowing eligible shoppers to split purchases into three interest-free payments over three months. The move marks POP’s expansion from UPI, rewards and commerce into consumer credit as fintechs seek new ways to monetise their user bases. ...Less

The Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month an ...More

The Ahmedabad-based startup says its agents manage collections for four to five lakh borrowers a month and handle 70-80% of cases without human intervention. ...Less

The figure was calculated by dividing each company’s value equally among its founders and adding only the ...More

The figure was calculated by dividing each company’s value equally among its founders and adding only the share of those who grew up in India. If one of four founders of a $10-billion company met that definition, $2.5 billion was counted. It does not represent actual shareholdings or personal wealth. The 205 companies had a total valuation of $1.09 trillion. ...Less

For those who missed out on the National Stock Exchange IPO, there's a silver lining: several major publi ...More

For those who missed out on the National Stock Exchange IPO, there's a silver lining: several major public offerings are on the horizon! Set to accumulate a staggering Rs 4.27 lakh crore, companies such as Jio Platforms and PhonePe are readying their IPOs. With some firms already greenlit by Sebi while others await approval, the market's robust activity suggests a ripe environment for upcoming public offerings and eager investors. ...Less

The Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in Au ...More

The Unified Payments Interface (UPI) processed 24.51 billion transactions worth Rs 29.82 lakh crore in August, according to data from the National Payments Corporation of India (NPCI). Executives said agentic commerce could sit above these rails, but would require verifiable customer mandates, links across banks and merchants, spending limits and audit trails for errors or disputes. ...Less

The new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairma ...More

The new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief executive officer Amrish Rau called the change a "life-changing opportunity" for the company. ...Less

While speaking during a session at Global Fintech Fest, Razorpay CEO Harshil Mathur cited the emergence o ...More

While speaking during a session at Global Fintech Fest, Razorpay CEO Harshil Mathur cited the emergence of big tech from the US, like Google, Amazon and others, because of the country's leadership in the internet, saying that similarly, the fintech ecosystem in India can be leveraged by local companies to emerge as global majors. ...Less

Cyber attackers are now using artificial intelligence to find system weaknesses. Companies must adopt AI- ...More

Cyber attackers are now using artificial intelligence to find system weaknesses. Companies must adopt AI-powered defenses to counter these evolving threats. Traditional security systems and human testers are insufficient against AI-driven attacks. Razorpay's CEO emphasises that defense must match the attacker's technological level. ...Less

India's payments authority is discussing charges on large UPI transactions. This follows a recent change ...More

India's payments authority is discussing charges on large UPI transactions. This follows a recent change in law allowing fees on payments over 2,000 rupees. Regulators are leaning towards a 0.4% charge for merchant transactions. Person-to-person payments will continue to remain free for users. This move is expected to generate significant annual revenue for the payments industry. ...Less

Starting on October 15, banks and payment applications will begin earning revenue from select merchant UP ...More

Starting on October 15, banks and payment applications will begin earning revenue from select merchant UPI transactions. Transactions under Rs 2000 will remain exempt from new fees, while person-to-person transfers and small vendor payments under Rs 1 lakh are still free. Merchants will incur a charge of up to forty basis points for transactions over Rs 2000. ...Less

Agentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s ...More

Agentic commerce refers to AI-led shopping where software can search, compare, order, and pay on a user’s behalf. The National Payments Corporation of India (NPCI) is preparing the proposed Unified Agent Protocol to establish identity, consent, and accountability for agents transacting over the Unified Payments Interface (UPI). ...Less

This comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-ch ...More

This comes after a Monday notificationfrom the Department of Financial Services that narrowed the zero-charge mandate for UPI. The earlier notification barred banks and payment system providers from levying a direct or indirect charge on UPI transactions, irrespective of value. The revised notification retains that protection only for transactions of up to Rs 2,000. ...Less

Indian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabil ...More

Indian banks and fintech firms face growing AI-powered cyber threats. Attackers use AI to find vulnerabilities faster than before. Financial institutions are deploying AI to detect and respond to these evolving threats. This creates a new cybersecurity arms race for the sector. Banks must also manage new risks from AI agents accessing sensitive data. ...Less

Happy Wednesday! The NPCI has announced charges on select UPI merchant payments. This and more in today's ...More

Happy Wednesday! The NPCI has announced charges on select UPI merchant payments. This and more in today's ETtech Morning Dispatch. ...Less

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its annou ...More

While NPCI has not specified a threshold based on the size of a merchant’s turnover, it said in its announcement that vendors operating under the person-to-person merchant (P2PM) category will “enjoy a mandatory zero MDR”. Merchants in this category, typically small shopkeepers, street vendors and local businesses, are classified as those receiving less than Rs 1 lakh per month in their accounts through UPI. ...Less

Happy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more ...More

Happy Tuesday! Amazon's quick commerce arm is scaling fast, India head Samir Kumar told us. This and more in today’s ETtech Morning Dispatch. ...Less

UIDAI faces hundreds of daily hacker attacks and uses AI for safeguarding its systems. Machine learning d ...More

UIDAI faces hundreds of daily hacker attacks and uses AI for safeguarding its systems. Machine learning detects identity manipulation and blocks unauthorized access to biometric data. The authority is preparing for quantum computing threats with post-quantum cryptography measures. UIDAI is expanding its reach through software integrations for resident verification. ...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

Indian banks may transform legacy systems into an AI advantage. Institutions with fewer old systems can d ...More

Indian banks may transform legacy systems into an AI advantage. Institutions with fewer old systems can directly adopt AI-first operations. This leapfrogging capability is highlighted by Boston Consulting Group's new report. AI adoption promises significant productivity gains and cost reductions for banks. The technology also offers potential for expanding financial inclusion across the nation. ...Less

Mastercard's AI Garage in India builds global payment network products. It uses machine learning and data ...More

Mastercard's AI Garage in India builds global payment network products. It uses machine learning and data science to secure payment networks. The company develops large tabular models for transaction data analysis. Mastercard also explores agentic commerce and establishes AI governance frameworks. ...Less

Flipkart has launched a standalone app for its quick commerce unit Minutes. This and more in today’s ETte ...More

Flipkart has launched a standalone app for its quick commerce unit Minutes. This and more in today’s ETtech Top 5. ...Less

The issuing bank would retain 40% of the fee, sources said. Third-party application providers such as Pho ...More

The issuing bank would retain 40% of the fee, sources said. Third-party application providers such as PhonePe or Google Pay, and the acquiring bank would take 30% each. On a 40 bps MDR, that works out to roughly 16 bps for the bank and 12 bps each for the app and the acquirer. One basis point equals 0.01%, so a 40 bps MDR translates to a fee of 0.4% on the transaction value. ...Less

Bank accounts may soon act as AI agents, understanding finances and offering recommendations. These agent ...More

Bank accounts may soon act as AI agents, understanding finances and offering recommendations. These agents could coordinate, make decisions, and execute financial workflows efficiently. Agentic AI promises to transform processes like home loans, reducing completion times significantly. However, increased AI autonomy necessitates evolving controls and advanced cybersecurity measures. ...Less

Banks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting ...More

Banks are using AI to deeply understand customers and anticipate their needs. Axis Bank is experimenting with AI for personalised banking services and customer engagement. J.P. Morgan is deploying AI for trade analysis, customer service, and fraud detection. This AI transformation spans the entire financial journey from understanding to execution. ...Less

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

HyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data f ...More

HyperVerge launched AI underwriting agents to speed business loan processing. These agents extract data from financial documents and assist in video discussions. Background checks are significantly reduced from hours to minutes. Human oversight remains crucial for final complex credit decisions. This technology aims to lower underwriting costs and expand credit access. ...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

India aims to export digital financial services leveraging its fintech expertise. This expansion moves be ...More

India aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and professional services exports. Fintech solutions like UPI demonstrate India's capability for global adoption. Digital lending and e-commerce exports also present significant international opportunities. India's government supports these ventures through various initiatives and agreements. ...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

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

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

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 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, 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

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 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

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 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 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

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

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

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

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