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Razorpay

648

Complete payment solution for businesses

Cross-border Payments
Payment Gateway
Active

Founded

2014

Team Size

2500

Total Funding

₹788 Cr

Valuation

₹6,300 Cr

About

Razorpay is a leading payments and banking platform for businesses in India. It enables businesses to accept, process, and disburse payments with its product suite.

Unique Selling Proposition

Core Differentiator

Full-stack financial services platform offering integrated payments, banking, lending, and payroll solutions with superior developer experience

Target Market

SMBs to enterprises across e-commerce, SaaS, and digital businesses in India

Key Innovation

Comprehensive API-first platform consolidating payment acceptance, automated reconciliation, instant settlements, and neo-banking capabilities

Competitive Moats
🌐Network Effects
Strong

Multi-sided platform connecting 8M+ businesses with multiple payment methods, banks, and customers, creating strong liquidity and value multiplication

🔒Switching Costs
Strong

Deep integration into business workflows through APIs, accounting systems, and critical financial operations makes migration costly and risky

⭐Brand
Strong

Established as trusted category leader in Indian payment infrastructure with strong developer community and enterprise reputation

🧠Data/AI Moat
Medium

Proprietary data on transaction patterns, fraud detection, and business performance enables superior risk management and lending decisions

⚖️Regulatory
Medium

Complex compliance requirements and RBI licensing for payments and banking create significant entry barriers

Funding Snapshot
Free preview

₹588 Cr

Total Raised

3

Rounds

Series F

Latest · Feb 28, 2026

Backed by

Sequoia Capital
GIC
Y Combinator

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Full Funding History

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Funding History

Series E

2021-10-18

₹550 Cr

Investors

Sequoia Capital
GIC
Y Combinator

Series F

Feb 28 2026

N/A

Series F

Feb 28, 2026

₹37.5 Cr

Details

Location

Bengaluru, Karnataka

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Financial Metrics

Annual Revenue

₹850 Cr

Growth Rate

120.3%

Funding Rounds

3

VedAI Score
648/1000
Developing

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