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RAZORPAY FINTECH GROWTH
Kuku FM's parent confidentially files for Rs 3,500 crore IPOAudio 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 cr...
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...
Payments companies see PoS pause on war-related imports squeezeIndia's digital payments sector faces a critical shortage of new point-of-sale (PoS) terminals due to disruptions in imports from China and...
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy 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 ETt...
Gift City turns growth lever for cross-border digital payment firmsCross-border digital payment firms are increasingly targeting Gift City for growth, seeking Payment Service Provider (PSP) licenses to cate...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Razorpay set for confidential IPO filing; valuation may fall to around $5 billionThe fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walm...
Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy 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.
Fintechs clash in cross-border payments; TCS closes FY26 strongHappy Friday! Large companies are fighting early-stage startups in the cross-border payments battleground. This and more in today's ETtech ...
Razorpay FY25 results: Revenue grows 65%, but net loss stands at Rs 1,209 croreRazorpay’s revenue jumped 65% to Rs 3,783 crore in FY25, driven by payments, POS, loyalty, banking, and global operations. Gross profit ros...
Razorpay cofounder Shashank Kumar takes over as MDMurali Brahmadesam, a former executive at Amazon Web Services (AWS), will take over as CTO and head of engineering in place of Kumar.
Razorpay acquires payments tech startup IZealiant TechnologiesThe deal marks Razorpay’s fifth acquisition since its inception in 2014. The company made its international foray last month, after it acqu...
Razorpay eyes $90 billion TPV by 2022, launches new solutions to enhance payment experienceThe unicorn, which is backed by investors like Tiger Global, Sequoia Capital India and Mastercard, has announced the launch of three new pr...
Razorpay set to achieve $90 billion TPV by 2022, launches products to help SMEsRazorpay’s new products will help SMEs spend less time managing compliance and operations and more time creating new products.
Razorpay value may double in new funding round$200-250 million round may see valuation of payment startup jump to $5.5-6 billion
Salesforce Ventures makes 'strategic' investment in RazorpayThe "strategic" investment will also help Razorpay expand its services in Southeast Asian markets, Harshil Mathur, the chief executive and ...
Razorpay sets sight to achieve $50 billion TPV by 2021In the last six months, Razorpay has witnessed a 40-45% month-on-month growth. The company recently became an unicorn.
Amit Saini to oversee tech growth at fintech startup Razorpay"Razorpay echoes the vision I set for myself, and its recent growth in scale and stature have been nothing short of extraordinary," Saini s...