Razorpay - About the company
Razorpay is a series F company based in Bengaluru (India), founded in 2014 by Harshil Mathur and Shashank Kumar. It operates as a Provider of payment and business banking solutions for enterprises. Razorpay has raised $742M in funding from investors like Peak XV Partners, Y Combinator and Tiger Global Management, with a current valuation of $9.2B. The company has 2023 active competitors, including 136 funded and 64 that have exited. Its top competitors include companies like Workday, Stripe and PayU.
Sectors and market segments that Razorpay operate in
Razorpay serves in the FinTech market segments.The primary business model of Razorpay are:Company Details
Provider of payment and business banking solutions for enterprises. The company offers tools for payment acceptance, automated payroll, and business banking. Solutions include payment gateways, current accounts, and corporate credit cards. It also provides developer resources such as API documentation and integration tools.
- Website
- razorpay.com
- Social
- Email ID
- *****@razorpay.com
- Registered Address
- 1st Floor, SJR Cyber, 22 Laskar Hosur Road, Adugodi, Bangalore, Bangalore, Karnataka, India, 560030
Legal entities associated with Razorpay
Razorpay is associated with 8 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAZORPAY TECHNOLOGIES PRIVATE LIMITED CIN: U67100KA2015FTC082538 , India, Active | Aug 28, 2015 | $575K (As on Mar 31, 2025) | 15 (As on Aug 01, 2025) | |
Razorpay Software Limited CIN: U72200KA2013PLC097389 , India, Active | May 24, 2013 | $465M (As on Mar 31, 2025) | 732 (As on Mar 01, 2026) | |
Razorpay Inc CIN: 5648881 , United States, Active | Dec 01, 2014 | - | - | - |
MARSSHOT VENTURES LLP CIN: AAU-9729 , India, Active | Dec 05, 2020 | - | 39 (As on Aug 31, 2025) | |
RAZORPAY FINANCIAL AGGREGATOR PRIVATE LIMITED CIN: U67190KA2020PTC133358 , India, Active | Mar 14, 2020 | $0 (As on Mar 31, 2025) | - | |
RAZORPAY FINANCIAL SERVICES PRIVATE LIMITED CIN: U65999KA2018PTC114468 , India, Active | Jul 03, 2018 | $6.98K (As on Mar 31, 2025) | 244 (As on Aug 31, 2025) | |
RZPX PRIVATE LIMITED CIN: U72900KA2020PTC139072 , India, Active | Sep 28, 2020 | $13.7M (As on Mar 31, 2025) | 244 (As on Aug 01, 2025) | |
Jhkp Technologies Private Limited CIN: U74999KA2018PTC192034 , India, Active | Apr 27, 2018 | $845K (As on Mar 31, 2025) | 39 (As on Aug 01, 2025) |
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Razorpay's funding and investors
Razorpay has raised a total funding of $742M over 11 rounds. Its first funding round was on Jan 01, 2015. Its latest funding round was a Series F round on Dec 19, 2021 for $375M. 7 investors participated in its latest round. Razorpay has 22 institutional investors and 15 angel investors.
Here is the list of recent funding rounds of Razorpay:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 19, 2021 | $375M | Series F | - | - | ||
Sep 20, 2021 | Undisclosed | Series E | $7.5B | - | - | |
Apr 18, 2021 | $160M | Series E | $3B | 22.9x |
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Razorpay's founders and board of directors
Founder? Claim ProfileThe founders of Razorpay are Harshil Mathur and Shashank Kumar. Harshil Mathur is the CEO of Razorpay.
Here are the details of Razorpay's key team members:
- Harshil Mathur: Co-Founder & CEO of Razorpay and founder of 2 other companies, RazorpayX Payrol and Razorpay. They are also an angel investor in 28 startups.Contact Info: 1 phone number
- Shashank Kumar: Co-Founder & Managing Director of Razorpay. They are also an angel investor in 18 startups and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
Razorpay's Board of Directors
Razorpay's board has 6 active members. Harshil Mathur, Shashank Kumar and Arif Khan are part of team and Subramaniam Somasundaram, Ira Gupta and Shilpa Mankar Ahluwalia are independent board members.Here is the list of Razorpay's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 12y 11m | |
Team | - | Current | 12y 11m | |
Team | - | Current | 1y 1m | |
Independent board member | - | Current | 0y 8m | |
Independent board member | - | Current | 0y 8m | |
Independent board member | - | Current | 0y 7m |
View details of Razorpay's Founder profiles and Board Members
Razorpay's employee count trend
Razorpay has 3,028 employees as of Aug 25. The total employee count is 12.0% more than what it was in Aug 24. Here is Razorpay's employee count trend over the years:
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Razorpay's Competitors and alternates
Top competitors of Razorpay include Workday, Stripe and PayU. Here is the list of Top 10 competitors of Razorpay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd | Stripe 2010, San Francisco (United States), Series I | Provider of financial infrastructure solutions for revenue growth and payment processing | $9.81B | 86/100 | |
3rd | Provider of payment and business banking solutions for enterprises | $742M | 86/100 | ||
4th | PayU 2002, Amsterdam (Netherlands), Series C | Provider of online payment solutions and financial services for businesses | $35.1M | 84/100 | |
5th | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
6th | Provider of business applications, technology, and cloud enterprise resource planning | - | 83/100 | ||
7th |  Flutterwave 2016, San Francisco (United States), Series D | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
8th | Oracle 1977, Austin (United States), Public | Hybrid cloud infrastructure platform | - | 83/100 | |
9th | Deltek 1983, Herndon (United States), Acquired | Cloud based enterprise resource planning software provider for multi industries | $107M | 81/100 | |
10th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 80/100 |
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Razorpay's Investments and acquisitions
Razorpay has made 10 investments in companies including Ignosis and Nitro Commerce. Razorpay has also acquired 7 companies including PoshVine and Ezetap.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 03, 2025 | Investments | 2022 | Ahmedabad (India) | |
Aug 28, 2025 | Investments | 2023 | Gurugram (India) | |
Jun 17, 2025 | Investments | 2022 | Bengaluru (India) |
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Reports related to Razorpay
Here is the latest report on Razorpay's sector:
News related to Razorpay
Filter this listMedia has covered Razorpay for a total of 68 events in the last 1 year, 30 of them have been about company updates and 18 about partnerships.
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Razorpay To Soon File Confidential DRHP To Raise $600-$700 Mn: ReportStartupNews•Apr 20, 2026•Razorpay
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RateGain Partners Razorpay For RG Pay Expansion; Shares Rise 2.52%HDFC SKY•Apr 02, 2026•Razorpay, RateGain
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OpenAI Introduces Plugins for its Codex Programming AssistantSiliconAngle•Mar 27, 2026•OpenAI, Razorpay
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DPIIT Partners With Razorpay to Strengthen India’s Startup EcosystemViestories•Mar 26, 2026•Razorpay
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Razorpay Partners with Sarvam to Enable Voice-First Conversational Commerce in IndiaViestories•Mar 23, 2026•Sarvam, Razorpay, Nvidia, HCL Technologies and 2 others
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Razorpay Launches AI Agent Studio to Automate Payments OperationsMoneycontrol•Mar 12, 2026•Razorpay, Claude
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