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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 Strengthens its Leadership Ranks, Hires New CIO and CBO

India’s first converged payments solution company, Razorpay, today welcomed Amitabh Tewary and Rahul Kothari to its team, as their Chief Innovation Officer (CIO) and Chief Business Officer (CBO), respectively.
 
Left to Right: Amitabh Tewary, CIO and Rahul Kothari, CBO... (more)
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Y Combinator Recognises Razorpay Among its Top 50 Companies

For the second year running, Razorpay, India’s First Converged Payments Solution company, gets recognised by the renowned American startup accelerator, Y Combinator, in its mega list of top 100 companies for 2019, as sorted by each company’s valuation.
 
The top ... (more)
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LinkedIn Recognises Razorpay Among India’s Top 10 Startups to Work with

India’s First Converged Payments Solution company, Razorpay, not only does a good job of making payments and financial systems seamless and intelligent for businesses, it also manages to build a simulating workplace of creativity and innovation among its employees.
 
L... (more)
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40% of Digital Payments will be Driven by Tier 2 Businesses and Consumers by 2020: Razorpay

India witnessed 40% Growth in digital transactions (Apr-May-June Vs Jan-Feb-March)
UPI transactions grew by 71% from Q4 of FY 18-19 to Q1 of FY 19-20
Karnataka is the highest contributing state in digital transactions in the country
 
Razorpay, India&... (more)
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Razorpay Powers Cross-border Trade for Indian Businesses, Launches Digital Payment Support for 100 Currencies

Razorpay, India’s first converged payments solution company, today announced that it now supports 100 currencies for international digital payments - including all popular currencies such as U.S. Dollar (USD), European Dollar (EUR), British Pound (GBP), Arab Emirates Dirham (AED) a... (more)
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Razorpay Recognised Among Top 50 Global Next-Gen Unicorns by NYT-CB Insights

 
 Razorpay, India’s first converged payments solution company, added yet another feather in their illustrious cap. In a list published by CB Insights, a firm that tracks startups globally, Razorpay has been listed in the top 50 private companies in the world that is on th... (more)
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4 Fintech Trends that will Impact You and Your Business in 2019

The fact that Indians are comfortable making C2G (citizen-to-government) payments online - which were traditionally made in cash - shows how far we have come in our quest for a truly Digital India. Not just transaction volumes - behaviors, and hard-set notions about digital payments have turned on... (more)
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Razorpay Launches Business Banking and Lending, Targets Annualised Disbursal Rate of USD 100 Mn by 2019

Expects 5x growth in its revenue with an increase in merchant count to 3,00,000 by next fiscal year
Fastest company to have achieved billion dollar annualized TPV (Total payment Volume) in December’17
Clocked healthy growth rate of 15-20% month-on-month, over 60% of B... (more)
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