Razorpay

Bengaluru, India Founded: 2014 • Age: 12 yrs
Payment and business banking solutions are provided for enterprises.
Annual revenue $302.2M Latest available
Total funding $742.0M 11 rounds
Employees 2641 Tracked headcount
Investors 25 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About Razorpay

Razorpay is a company based in Bengaluru (India) founded in 2014 by Shashank Kumar and Harshil Mathur. Razorpay has raised $742 million across 11 funding rounds from investors including Mastercard, Peak XV Partners and Alkeon Capital Management. The company has 2,641 employees as of April 30, 2025. Razorpay has completed 7 acquisitions, including Curlec, Ezetap and IZealiant Technologies. Razorpay offers products and services including Payment Gateway, Payment Links, Payment Buttons, Razorpay POS, and Subscriptions. Razorpay operates in a competitive market with competitors including Flutterwave, Pine Labs, Zaggle, HighRadius and Mintoak, among others.

  • Headquarter Bengaluru, India
  • Employees 2641 as on 30 Apr, 2025
  • Founders Shashank Kumar, Harshil Mathur
  • Stage Unicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Razorpay Software Private Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $302.19 M (USD)
    9
    as on Mar 31, 2024
  • Net Profit
    $4.05 M (USD)
    360
    as on Mar 31, 2024
  • EBITDA
    $11.59 M (USD)
    65
    as on Mar 31, 2024
  • Total Equity Funding
    $742 M (USD)

    in 11 rounds

  • Latest Funding Round
    $375 M (USD), Series F

    Dec 19, 2021

  • Investors
    Mastercard

    & 24 more

  • Employee Count
    2641

    as on Apr 30, 2025

  • Investments & Acquisitions
    Curlec

    & 6 more

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Products & Services of Razorpay

Razorpay offers a comprehensive portfolio of products and services, including Payment Gateway, Payment Links, Payment Buttons, Razorpay POS, and Subscriptions.

Product name locked
Category locked
Primary

Platform for accepting online payments on websites and apps

Product name locked
Category locked
Locked

Generate links to collect payments via email or social media

Product name locked
Category locked
Locked

Add pay buttons to websites without coding requirements

Product name locked
Category locked
Locked

System for seamless in-store payment processing

Product name locked
Category locked
Locked

Manage automated recurring payment collections

Product name locked
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Automate payroll and compliance for businesses

People of Razorpay

Headcount 1000-5000
Employee Profiles 327
Employee Profiles
People
Rahul Kothari
Chief Operating Officer
People
Ranjith A
Senior Data Analyst
People
Harshil Mathur
CEO & Co-Founder
People
Varun Kashyap C V
Strategy

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Funding Insights of Razorpay

Razorpay has successfully raised a total of $742M across 11 strategic funding rounds. The most recent funding activity was a Series F round of $375 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Razorpay

Razorpay has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mastercard, Peak XV Partners and Alkeon Capital Management.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Long/short and long-only strategies are employed by the hedge fund.
Locked Locked Locked
VC fund focused on equity markets
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Venture capital is invested in global technology companies by TCV.
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Investor details for Razorpay

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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Razorpay

Razorpay has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Curlec, Ezetap and IZealiant Technologies.

Investments
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Investment portfolio details for Razorpay

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  • Portfolio identities
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Recurring payments are automated and collected via bank-to-bank direct debits.
Locked Locked 2018 Locked
Payroll management solutions are provided for small and medium-sized businesses.
Locked Locked 2017 Locked
SaaS-enabled lending-as-a-service platform for lending institutions
Locked Locked 2017 Locked
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Complete acquisition details for Razorpay

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Razorpay

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Detailed financials for Razorpay

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  • Profit trends
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  • Financial ratios

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Razorpay Comparisons

Razorpay Primary company
Description
Payment and business banking solutions are provided for ente...
Location
Bengaluru, India
Founded Year
2014
Annual Revenue
$302.19 M (USD)
Net Profit
$4.05 M (USD)
EBITDA
$11.59 M (USD)
Employees
2,641
As of 2025
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Peer comparison for Razorpay

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  • Named peers
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Competitors of Razorpay

Razorpay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, Pine Labs, Zaggle, HighRadius and Mintoak, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of payment processing solutions for businesses
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Omnichannel payment solutions, loyalty programs, and business tools are provided.
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Business spends, payments, and rewards are streamlined by automated workflows.
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Autonomous finance and payment solutions are provided to businesses.
Locked Locked Locked
Digital payments and engagement solutions are offered for MSMEs.
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Detailed competitors of Razorpay

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Razorpay

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Complete news archive for Razorpay

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Razorpay

Razorpay was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Razorpay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Harshil Mathur is the current CEO of Razorpay. They have also founded this company.

Razorpay is a funded company, having raised a total of $742M across 11 funding rounds to date.

As of Apr 30, 2025, the latest employee count at Razorpay is 2,641.

Annual revenue of Razorpay is $302.19M as on Mar 31, 2024.

Razorpay was founded in 2014 and is headquartered in Bengaluru, India. Operations focus on the fintech sector, where payment gateways, payouts, current accounts, credit services, and payroll automation are delivered to enterprises. Financial management and transaction processing capabilities are supported through these tools, enabling businesses to handle payments and banking needs across various scales.

Razorpay's top competitors include Zaggle, Flutterwave and Mintoak.

Razorpay offers Payment Gateway, Payment Links, Payment Buttons, Razorpay POS, and 2 more products and services.

Razorpay has made 7 acquisitions, including Curlec, Ezetap, and IZealiant Technologies.

Razorpay has 25 investors. Key investors include Mastercard, Peak XV Partners, Alkeon Capital Management, Ribbit Capital, and Lone Pine Capital.

The valuation of Razorpay is $7.5B as of Dec 2021.

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