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Bangalorebased Razorpay Smbs 160m Series Sequoia
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Bangalorebased Razorpay Smbs 160m Series Sequoia

Bangalore-Based Razorpay SMBs 160m Series Sequoia: The Future of Online Payments Razorpay, an Indian fintech company based in Bangalore, has raised $160 million in a series C funding round, led by Sequoia India, with participation from Ribbit Capital, Matrix Partners India, and Y Combinator. The latest funding round has valued the company at $1 billion, making it the latest entrant to India's unicorn club. The company offers a platform for small and medium businesses (SMBs) to accept and manage online payments, including credit card, debit card, net banking, UPI, and other digital wallets. Razorpay’s platform provides a comprehensive suite of payment solutions, including recurring payments, subscriptions, and mobile payments. Razorpay SMBs 160m Series Sequoia: Revolutionizing the Onlin...
Bangalore-Based Razorpay Smbs Raises $160m In Series Sequoia
Updates

Bangalore-Based Razorpay Smbs Raises $160m In Series Sequoia

Bangalore-based Razorpay, a digital payments platform for small and medium businesses (SMBs), has raised $160 million in a Series D funding round led by Sequoia India. The round also saw participation from existing investors Ribbit Capital, Tiger Global, Y Combinator, Matrix Partners India, and GGV Capital. With this investment, the company has raised a total of $206 million in equity and debt financing so far. The proceeds from the latest round will be used to strengthen Razorpay’s merchant base and expand its product offerings. About Razorpay Founded in 2014, Razorpay provides a platform that connects businesses with customers, allowing them to collect payments online. It offers services such as a payment gateway, subscription billing, and invoicing for businesses across India. T...