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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

Unlock the full funding history below — every round's amount, valuation & investors.

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