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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 Awarded 'Best Fintech Company' at Business Today & KPMG's Awards 2024; Acknowledged for Transformative Innovations and Market Leadership

Razorpay, India's Leading Omnichannel Payments, and Business Banking Platform, was awarded the ‘Best Fintech Company’ in the Payments Category at the 28th Edition of the Business Today & KPMG’s Best Banks and Fintech Awards 2024, held at GIFT City, Gandhinagar. This award ... (more)
Razorpay Becomes the First Indian FinTech to Receive the Coveted Data Security and Compliance Certification, 'System and Organisation Control 3'

Razorpay, India's Leading Omnichannel Payments and Banking Platform for Businesses has announced that it has received one of the most sought-after data security and compliance recognitions - ‘System and Organisation Control 3 (SOC 3) Certification’. SOC 3 Compliance applies to any o... (more)
On National Entrepreneurs Day, Razorpay Launches Brand Film, 'Believe', An Ode To Every Founder's Journey

The film championing the journey of founders comes at a time when India is riding high on the wave of entrepreneurial spirit
Highlights how with Razorpay, founders don’t have to walk alone on their path of trial and tribulations, and successes
Reiterating it... (more)
Razorpay POS Wins First Prize at RBI's Global Hackathon for 'DrishtiPay', Which Facilitates Ease-to-Use Digital Payments For Visually-Impaired

Razorpay, India’s Leading Full-Stack Payments, and Banking Platform for Businesses has secured the top spot at the RBI’s 2nd Global Hackathon - ‘HaRBInger 2023’ for its remarkable product, ‘DrishtiPay’, which facilitates easy-to-use, innovative Card and UPI payme... (more)
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 channel... (more)
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 tech gi... (more)
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 (Physics W... (more)
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 achieved... (more)
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 trailblazin... (more)
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, India&r... (more)