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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Razorpay Software Private Limited
-
Annual Revenue
$302.19 M (USD)9as on Mar 31, 2024
-
Net Profit
$4.05 M (USD)360as on Mar 31, 2024
-
EBITDA
$11.59 M (USD)65as 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
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Razorpay
Razorpay offers a comprehensive portfolio of products and services, including Payment Gateway, Payment Links, Payment Buttons, Razorpay POS, and Subscriptions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for accepting online payments on websites and apps
Generate links to collect payments via email or social media
Add pay buttons to websites without coding requirements
System for seamless in-store payment processing
Manage automated recurring payment collections
Automate payroll and compliance for businesses
Unlock access to complete
Leadership Team
41 people
Product Management Team
41 people
Software Development Team
38 people
Data Analysis and Operations Team
29 people
Senior Team
28 people
Finance and Accounting
20 people
Sales and Marketing
18 people
Operations Team
15 people
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 11
- Last Round Series F — $375.0M
-
First Round
First Round
(23 Mar 2015)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series F - Razorpay | Valuation | Lone Pine Capital , Alkeon Capital Management | |
| Sep, 2021 | Amount | Series E - Razorpay | Valuation | Salesforce Ventures |
|
| Apr, 2021 | Amount | Series E - Razorpay | Valuation | GIC , Peak XV Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Long/short and long-only strategies are employed by the hedge fund.
|
Founded Year | Domain | Location | |
|
VC fund focused on equity markets
|
Founded Year | Domain | Location | |
|
Venture capital is invested in global technology companies by TCV.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Razorpay
Razorpay has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Curlec, Ezetap and IZealiant Technologies. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Recurring payments are automated and collected via bank-to-bank direct debits.
|
2018 | ||||
|
Payroll management solutions are provided for small and medium-sized businesses.
|
2017 | ||||
|
SaaS-enabled lending-as-a-service platform for lending institutions
|
2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Razorpay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Razorpay Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
|
|
| domain | founded_year | HQ Location |
Omnichannel payment solutions, loyalty programs, and business tools are provided.
|
|
| domain | founded_year | HQ Location |
Business spends, payments, and rewards are streamlined by automated workflows.
|
|
| domain | founded_year | HQ Location |
Autonomous finance and payment solutions are provided to businesses.
|
|
| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Razorpay
Frequently Asked Questions about Razorpay
When was Razorpay founded?
Razorpay was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Razorpay located?
Razorpay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Razorpay?
Harshil Mathur is the current CEO of Razorpay. They have also founded this company.
Is Razorpay a funded company?
Razorpay is a funded company, having raised a total of $742M across 11 funding rounds to date. The company's 1st funding round was a Series E of $160M, raised on Mar 23, 2015.
How many employees does Razorpay have?
As of Apr 30, 2025, the latest employee count at Razorpay is 2,641.
What is the annual revenue of Razorpay?
Annual revenue of Razorpay is $302.19M as on Mar 31, 2024.
What does Razorpay do?
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.
Who are the top competitors of Razorpay?
Razorpay's top competitors include Zaggle, Flutterwave and Mintoak.
What products or services does Razorpay offer?
Razorpay offers Payment Gateway, Payment Links, Payment Buttons, Razorpay POS, and 2 more products and services.
How many acquisitions has Razorpay made?
Razorpay has made 7 acquisitions, including Curlec, Ezetap, and IZealiant Technologies.
Who are Razorpay's investors?
Razorpay has 25 investors. Key investors include Mastercard, Peak XV Partners, Alkeon Capital Management, Ribbit Capital, and Lone Pine Capital.
What is Razorpay's valuation?
The valuation of Razorpay is $7.5B as of Dec 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.