Razorpay - About the company
Razorpay is a series F company based in Bengaluru (India), founded in 2014 by Harshil Mathur, Shashank Kumar, Harshil Mathur, Satheesh Babu Vattekkat and Prasad Pawar. 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 $4.76B - $7.97B. The company has 6354 active competitors, including 677 funded and 553 that have exited. Its top competitors include companies like PayPal, 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
Key Metrics
Founded Year
2014
Location
Bengaluru, India
Stage
Series F
Total Funding
$742M in 11 rounds
Latest Funding Round
Post Money Valuation
$4.76B - $7.97B as on Aug 05, 2022
Investors
Ranked
3rd among 6354 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
3,028 as on Aug 31, 2025
Legal entities associated with Razorpay
Razorpay is associated with 9 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 | 0 - ₹10 Cr (As on Mar 31, 2025) | 15 (As on Aug 01, 2025) | |
Razorpay Software Limited CIN: U62099KA2013PLC097389 , India, Active | May 24, 2013 | ₹1,000+ Cr (As on Mar 31, 2025) | 690 (As on May 01, 2026) | |
RAZORPAY PAYMENTS PRIVATE LIMITED CIN: U62099KA2024PTC188982 , India, Active | May 26, 2024 | ₹1,000+ Cr (As on Mar 31, 2025) | 1685 (As on Apr 01, 2026) | |
Razorpay Inc CIN: 5648881 , United States, Active | Dec 01, 2014 | - | - | - |
MARSSHOT VENTURES LLP CIN: AAU-9729 , India, Active | Dec 05, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | 39 (As on Aug 31, 2025) | |
RAZORPAY FINANCIAL AGGREGATOR PRIVATE LIMITED CIN: U67190KA2020PTC133358 , India, Strike off | Mar 14, 2020 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
RAZORPAY FINANCIAL SERVICES PRIVATE LIMITED CIN: U65999KA2018PTC114468 , India, Active | Jul 03, 2018 | 0 - ₹10 Cr (As on Mar 31, 2026) | 244 (As on Aug 31, 2025) | |
RZPX PRIVATE LIMITED CIN: U72900KA2020PTC139072 , India, Active | Sep 28, 2020 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 310 (As on Apr 01, 2026) | |
Jhkp Technologies Private Limited CIN: U74999KA2018PTC192034 , India, Active | Apr 27, 2018 | 0 - ₹10 Cr (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 | 23.7x |
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Razorpay's founders and board of directors
Founder? Claim ProfileThe founders of Razorpay are Harshil Mathur, Shashank Kumar, Harshil Mathur, Satheesh Babu Vattekkat and Prasad Pawar. Harshil Mathur and Harshil Mathur are the CEOs 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 31 startups.Contact Info: 1 phone number
- Shashank Kumar: Co-Founder of Razorpay and founder of 1 other company. They are also an angel investor in 19 startups and serve on the boards of 2 companies.Contact Info: 2 email addresses and 2 phone numbers
- Harshil Mathur: Co-Founder & CEO of Razorpay. Contact Info: 1 email address and 1 phone number
- Satheesh Babu Vattekkat: Co-Founder, VP of Engineering & Chief Architect of Razorpay.
- Prasad Pawar: Founder & CTO of Razorpay. Contact Info: 1 email address
Razorpay's Board of Directors
Razorpay's board has 6 active members. Shashank Kumar, Harshil Mathur 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 | 13y 2m | |
Team | - | Current | 13y 2m | |
Team | - | Current | 1y 4m | |
Independent board member | - | Current | 0y 11m | |
Independent board member | - | Current | 0y 11m | |
Independent board member | - | Current | 0y 11m |
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 PayPal, 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 |  PayPal 1998, United States, Public | Provider of online payment solutions, money transfers, and virtual wallets | $216M | 87/100 | |
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 | 85/100 | ||
4th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 84/100 | |
5th |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
6th | Online payment and money transfer platform for businesses | $554M | 83/100 | ||
7th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
8th | Adyen 2006, Amsterdam (Netherlands), Public | Provider of end-to-end payment, data, and financial management platform solutions | $266M | 81/100 | |
9th |  GoCardless 2011, London (United Kingdom), Acquired | Provider of automated bank payment collection and recurring billing services | $540M | 80/100 | |
10th | TrueLayer 2016, London (United Kingdom), Series E | Open banking platform enabling secure bank-to-bank payments and payouts | $322M | 78/100 |
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Razorpay's Investments and acquisitions
Razorpay has made 12 investments in companies including Kily and Spense. 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 |
|---|---|---|---|---|
Jul 27, 2026 | Investments | 2025 | Bengaluru (India) | |
Jul 06, 2026 | Investments | - | ||
Jul 01, 2026 | 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 65 events in the last 1 year, 28 of them have been about company updates and 17 about partnerships.
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Razorpay Unveils Vulcan AI Model for Payments, Powered by NVIDIA and AWSEntrackr•Aug 18, 2026•Razorpay
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U Mobile taps OpenAI to embed AI across its operationsTelecompaper•Aug 13, 2026•OpenAI, U Mobile, Razorpay, IBM
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Kily Raises Rs 30 Cr in Funding Round Led by Sorin InvestmentsEntrackr•Aug 04, 2026•Kily, Razorpay, Sorin
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Spense Secures $2.8 Million Seed Funding Led by Arkam VenturesViestories•Jul 02, 2026•Razorpay, Arkam Ventures
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Fynd and Razorpay Partner to Enhance Omnichannel and AI-Driven CommerceExpress Computer•Jun 23, 2026•Razorpay, Fynd
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Razorpay likely files for $600M IPO, boosting fintech stocks like Paytm and MobiKwikMoneycontrol•Jun 15, 2026•Razorpay
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Razorpay Launches Payment CLI in India for Developers and AI AgentsExpress Computer•May 27, 2026•Razorpay
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