Razorpay

paymentspayment gateways

FOUNDING YEAR: 2014
LOCATION: India
Last Update: 17/07/2020

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About

Razorpay is an India-based payment gateway solution. Their APIs lets company add payments with a few lines of code and users can then pay for their purchases using a credit card, a debit card or net-banking.

Focus

PRODUCTS & SERVICES

RazorPay-It provides a gateway to collect payments online and it offers a wide range of options to its customers.

REVENUE MODEL

The company charge a fee of 2% for successful transaction and 3% for international cards and EMI

MAIN CLIENTS

Playo

Quicker

Simpl

Eko

Yatra

Trujet

Rentomojo

Goodbox

Clear Tax etc

EXISTING PARTNERSHIPS

Mobikwik

Paytm - to increase integration options.

COMMENT

Merchants can generate customized reports, process instant refunds with no physical paperwork required.

Traction

TRACTION COMMENT:

The company expects more than 10x growth in volume and revenue by 2018 and predicts the newly launched product suite to contribute to 30% of its revenues (Jan 2018).

Momentum

FUNDED

YES

TOTAL FUNDING

$124.6 M

DATE OF LAST FUNDING

Oct 2019

TOTAL FUNDING COMMENT

The company is planning to use the fund for expanding its product portfolio into new verticals (Jan 2018).

SEED & PRIOR FUNDING

$2.6 M

SEED CLOSED ON

Mar 2015

FUNDING SERIES

SERIES A  · $9 M  · Oct 2015

SERIES B  · $20 M  · Jan 2018

SERIES C  · $75 M  · Jun 2019

OTHERS  · $18 M · Oct 2019

LISTED

NO

COMMENT

An undisclosed venture funding raised in July 2016

Innovation Programs

BASICS

FOUNDING YEAR:

2014

LOCATION:

India

Views:

352 VISITORS | 595 VIEWS
LATEST FUNDING ROUND

$125 M

TOTAL EMPLOYEES
201-500

About

Razorpay is an India-based payment gateway solution. Their APIs lets company add payments with a few lines of code and users can then pay for their purchases using a credit card, a debit card or net-banking.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Innovation Programs

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