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Press background on Razorpay
Company profile
Razorpay, a full-stack financial services company helps Indian businesses with comprehensive and innovative solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business. Established in 2014, the company provides technology payment solutions to over 8Mn businesses. Founded by alumni of IIT Roorkee, Shashank Kumar and Harshil Mathur, Razorpay is the second Indian company to be a part of Silicon Valley’s largest tech accelerator, Y-Combinator. Marquee investors such as Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Sequoia Capital India, Ribbit Capital, Matrix Partners, Salesforce Ventures, Y-Combinator and MasterCard have invested a total of $741.5 Mn through Series A to F in funding. A few angel investors have also invested in Razorpay’s mission to simplify payments and banking and redefine how finance works in India.
 Recent press releases
Razorpay Launches In-app Payments for WhatsApp Business Platform; PolicyBazaar, boAt Amongst Early Adopters

Businesses using the WhatsApp Business Platform (API) will now be able to offer their customers a seamless payment experience, resulting in increased sales conversions
This innovation-driven partnership brings the power of conversational commerce to India, opening up new revenue... (more)
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RazorpayX Payroll Expands, Launches Automated Solutions for Indian Enterprises; Set to Help Save 60% Costs on Payroll Management

The newly launched solution includes features like employees receiving payslips and filing for reimbursement via WhatsApp
RazorpayX Payroll platform aims to also help enterprises drive 100% accuracy in compliance
Offers enterprises with 45+ integrations with leading HR... (more)
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45 Days, 45 Founders, 45 Unique Art Creations: Razorpay's Ode to India's Inspiring Entrepreneurs Reimagined via AI for First Time

India’s First-ever AI-powered print ad Founder-first campaign, #ImaginedThroughAI is dedicated to celebrating India's vibrant entrepreneurial spirit
Features founders like Vineeta Singh (SUGAR cosmetics), Vidit Aatrey (Meesho), Deepinder Goyal (Zomato), Alakh Pandey (P... (more)
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Razorpay Among 6 Indian Companies Featured in World's Top 100 Unicorns: Hurun's Global Unicorn Index 2023

In addition to Razorpay, the report also features prominent Indian startups across different sectors
India emerges as the 3rd largest unicorn hub with 68 startups
 
Razorpay, India’s Leading Full-Stack Payments and Banking Platform for Businesses has ... (more)
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Y-Combinator Recognises Razorpay as the Only Indian Company to Appear in Top 15 Breakthrough Global Companies List

Razorpay, India’s Leading Full-Stack Payments and Banking Platform for Businesses, has ranked #11 in Y-Combinator’s Breakthrough Companies 2023 List, making it the only Indian company to feature in the Top 15 range. Y-Combinator’s Breakthrough Companies List recognises tra... (more)
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Razorpay Launches India's First Affordability Widget; Aims to Reduce Customer Drop-offs and Boost Revenue by 40 percent

Currently, 1 out of 4 online customers drop off from the product page owing to high upfront costs
Affordability Widget aims to significantly boost the revenue of businesses by increasing customer conversions
 
Driven by its customer-first approach, Razorpay,... (more)
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Razorpay Becomes India's First Payment Gateway to Support Credit Cards on UPI

In an industry-first move, aimed at further strengthening digital payments and boosting India’s credit penetration, Razorpay, India’s Leading Full-Stack Payments and Banking Platform for Businesses today announced the platform’s readiness to support Credit Card Transaction... (more)
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Razorpay Wins 'Startup of the Year' at the ET Startup Awards 2022

Razorpay, India’s leading full-stack Payments and Banking Platform for Businesses has been awarded as the Startup of the Year at the 6th The Economic Times’ ET Startup Awards 2022. Razorpay has received the accolade as a startup that has displayed innovation, transformation, and... (more)
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India Witnesses the Dhanteras Gold Rush, Jewelry Sees a 595 percent Increase in Orders During the Diwali Season: Razorpay Festive Report

With India celebrating the first festivities after returning to full normalcy, businesses across industries are seeing a big boom. To help businesses take advantage of this prosperous season, Razorpay, India’s Leading Payments and Banking Platform for Businesses, launched its Festive ... (more)
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Razorpay Extends Unwavering Support to Employees and their Families, Introduces 'Family Assurance Benefits Policy'

The new policy allows for accelerated vesting of all unvested ESOP units to employee’s family members
Family members will be given 3x of the last drawn CTC of the deceased employee
This comes right after the company’s efforts to expand its health insurance ... (more)
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