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

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

India has dropped to fourth place globally in unicorn rankings, with the UK now holding third position. W ...More

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

Kunal Shah, the visionary behind CRED and FreeCharge, is now the Global Head of WhatsApp. This significan ...More

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

Happy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in tod ...More

Happy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch. ...Less

Meta Chief Product Officer Chris Cox reached out to Shah directly in the spring, seeking advice on pickin ...More

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

Audio entertainment startup Pocket FM is reportedly in discussions to shift its holding structure back to ...More

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

DoorDash on June 11th launched a new AI-powered chatbot that lets users order food, groceries, and restau ...More

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

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

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

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

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

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 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

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

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

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

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 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

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

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

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

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

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

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

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

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

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 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’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 had applied to the regulators for the reverse flip under amended rules, which do not require com ...More

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

Razorpay 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 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 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 '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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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

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

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

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