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RAZORPAY TPV
Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two yearsThe digital payments firm currently processes around $1 billion in TPV in Southeast Asia, said cofounder and MD Shashank Kumar.- You can now invest in mutual funds using Visa debit cardsThis initiative is live with leading fund houses and distributors and investors can invest in lumpsum or start SIPs using their Visa debit ...
- Payments checkout startup Nimbbl raises $3.5 million in funding from Sequoia, Groww, othersNimbbl raised additional funds earlier this year, led by both Sequoia Capital India and Groww. GFC participated in both the funding rounds.
- Exclusive: Rivals snag new users as top payment gateways hit by RBI freezeIndian banks that have their white-label payment processing offerings have also seen a rise in merchant signups, industry executives told E...
- Exclusive | 150 staffers lose jobs as PayU lays off 6% of its workforceA person aware of the matter said the layoffs are spread across various teams and mainly impacted PayU India’s unit, Wibmo, a digital payme...
- Transaction declined: why Prosus scrapped the $4.7 billion PayU-BillDesk dealIn a note published on the Prosus’ website, Eoin Ryan, head of investor relations, said: “Certain conditions precedent were not fulfilled b...
- Razorpay appoints Arif Khan as chief innovation officerA veteran in the banking and financial services industry, Arif Khan brings his expertise in working with various stakeholders and an in-dep...
- MSwipe gets RBI-nod on payment aggregator licenceMSwipe plans to launch its own payment gateway (PG) services pan-India over the next three months, chief executive Ketan Patel told ET.
- 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.
- Lightspeed, Moore Strategic Ventures invest in Razorpay’s $75 million secondary share saleRazorpay said about 650 current and former employees have sold their stock options as part of this share sale. According to the company, th...
- Lightspeed may invest in Razorpay’s $100 million secondary share saleThe startup’s angel investors, employees and some other investors are offloading shares in what could be one of the company's largest secon...
- CCI seeks more info to clear mega PayU-BillDesk deal“CCI has not questioned the merits of the proposed transaction, but requested for additional information, as of now,” said a one person dir...
- Razorpay makes international foray with Curlec acquisitionRazorpay will take its payments stack, including payment links, payment pages and gateway services, to the Malaysian market. Over time, it ...
- Razorpay announces international expansion with acquisition of Malaysia's CurlecCurlec builds new-age technology solutions on top of existing payments infrastructure, to make it easier for companies of all sizes, to col...
- Razorpay’s valuation rises to $7.5 billion after $375-million fundingRazorpay’s valuation has increased by more than seven times since it turned unicorn in October 2020 due to a pandemic-induced surge in dema...
- 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
- Razorpay acquires TERA Finlabs in push for startup, MSME loansRazorpay Capital along with TERA Finlab's technology capabilities will be able to service the credit needs of more than 10,000 startups 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.
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