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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 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 Transactions on Uni... (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 emerged... (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 Report t... (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 policy t... (more)
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Lenskart and Mirae Asset Choose Razorpay as their Trusted Payments Partner

With a razor-sharp focus on customer centricity, Razorpay, India’s Leading full-stack Payments and Banking Platform for Businesses has been on a mission to build the financial backbone for all kinds of businesses in India, enabling each one to unlock uninterrupted business growth. Most recent... (more)
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Razorpay Becomes the Only Indian Company to be Listed on 'Forbes Cloud 100 List' of the Best Private Cloud Companies in the World

Razorpay, India’s leading full-stack Payments and Banking Platform for Businesses, has become the first Indian company to be named in 2022 Forbes Cloud 100 List, the definitive ranking of the top 100 private cloud companies in the world. Published for the sixth time by Forbes in partnership w... (more)
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RBI Grants Payment Aggregator License to Razorpay

Razorpay, India’s Preferred Payments and Banking Platform for Businesses today announced that it is one of the first full-stack financial solutions companies that has been given an in-principle approval by the ̉RBI for a Payment Aggregator (PA) License. This reiterates the trust placed by ov... (more)
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EaseMyTrip.com, Yatra.com, and others Enable Razorpay's Multi-Network TokenHQ Ahead of RBI's 30th June Deadline

Razorpay has successfully onboarded over 2 Lakh merchants on TokenHQ - its card tokenisation solution
TokenHQ enabled businesses don’t have to change their existing payment flows
 
Razorpay, India’s Leading Payments and Banking Platform for Businesses, h... (more)
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Y-Combinator Recognises Razorpay as the First Indian Company to Appear in Top 10 Breakthrough Global Companies List

Razorpay, India’s leading Payments and Banking Platform for businesses, has ranked 10 in Y-Combinator’s Breakthrough Companies 2022 List, making it the First Indian company to be featured in the list, as sorted by the valuation of a company. The YC Breakthrough Companies 2022 list featu... (more)
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Razorpay Powers 1.5 Million MSMEs in 2020; Launches Campaign to Celebrate Small Businesses for World MSME Day

Reeling from revenue losses across most of 2020, Small Businesses across India found respite in digital technologies. Through Razorpay, MSMEs started accepting and making millions of transactions digitally, spearheading the digitisation of finance in the Indian economy at its largest scale ever. In... (more)
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