Razorpay

Description

Razorpay is a platform that enables businesses to accept, process, and disburse payments.

Overview
Foundation year: 2014
Location: Bangalore, Karnataka, India
Founders: Harshil Mathur, Shashank Kumar
Website: https://razorpay.com/
Target geographic market:

India

About Product/Service
Volume of Transactions in 2019$3B
Regulators/CompliancePCI, GDPR, Personal Data Protection Bill, 2018 (" PROPOSED LAW")
ValuationUSD 75M
Pricing"2% per transaction Indian Credit Cards, Indian Debit Cards, Net Banking from 58 Banks, UPI, Wallets including Freecharge, Mobikwik etc. 3% per transaction Diners and Amex Cards, International Cards, EMI"
The Base CurrencyUSD
Number of Currencies Supported92
 
Product cost-
PCI compliance

Key people

Funding rounds

Last Funding Date Oct 12, 2020
Last Funding Type Series D
Total Funding Amount 206,600,000
Number of Funding Rounds 6

Financials

Estimated revenue$10M to $50M
Number of investors 30
Number of lead investors5
Names of lead investors"Y Combinator Matrix Partners Tiger Global Management Sequoia Capital India Soma Capital Matrix Partners India GMO VenturePartners Ribbit Capital MasterCard Brad Flora Justin Kan Kunal Shah Eric Kwan Kunal Bahl Rohit Bansal Tikhon Bernstam Ram Shriram Sandeep Tandon Amit Gupta Naveen Tewari Hiro Mashita Anshu Sharma Anand Swaminathan Jeff Huber Abhay Singhal Michael R. Sutcliff Punit Soni Bill Gajda Jeff Ferguson"

Tech stack

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Reviews

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