Razorpay
Razorpay is a Bengaluru-based fintech company that provides payment solutions that allow businesses to accept, process, and disburse payments.
Analytics date: 25.06.2026
Basic information
Head office
Bangalore, IndiaHead officeGeography of business
IndiaGeography of businessDate of the last round
Last round 09/2023Date of the last roundTotal funds raised
$741.6M+Total funds raisedPrice per share
$180.00Price per sharePrice per share. Based on the latest known transaction. It is not an offer or investment recommendation.
Analytics date: 25.06.2026
IPO plans
Razorpay confidentially filed its pre-filed DRHP with SEBI and stock exchanges in 06/2026. The expected IPO size is around $600M / Rs 5,000–6,000 crore, with a targeted market debut by end-2026. Reuters also names Axis Capital, JPMorgan, Citi and Kotak Mahindra Capital as advisers.
In 11/2022 The Economic Times wrote: "Razorpay, winner in the prestigious Startup of the Year category at The Economic Times Startup Awards 2022, is looking to go public over the next 2 to 3 years and does not need to raise any more capital as it continues to grow revenue by 100% annually, its founders Harshil Mathur and Shashank Kumar said".
“Our payments business is almost breaking even. We are fairly ready if we were to just go public as a payments company. But we will be doing injustice to the vision that we have if we go public just as a payments company,” Mathur said. “There are a lot of aspects on credit, banking and now offline that we will get to connect together and the synergies of the platform will be far higher. We want to spend the next couple of years taking them to a point where they are also breaking even and then go public". Published in 11/2022 by The Economic Times