Razorpay
IN · Bengaluru, India · RBI (licensed Payment Aggregator)
Razorpay is a BaaS Provider based in IN (Bengaluru, India), regulated by RBI (licensed Payment Aggregator). The institution operates an active Banking-as-a-Service program, launched in 2014.
Razorpay supports the following products and services: Payments, Accounts, Cards, Lending, Payroll. The bank serves customers across India.
Notable fintech partners include Y Combinator (alumni), CRED, Visa.
- Products Supported
- PaymentsAccountsCardsLendingPayroll
- Geographies Served
- India
- Charter / Regulator
- RBI (licensed Payment Aggregator)
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2014
Y Combinator (alumni), CRED, Visa
None confirmed active
2B (June 2025). ~3,000 employees. Revenue ~$470M FY25.
12M+ merchants. RazorpayX is BaaS platform powering 150+ fintech platforms. IPO-ready.
Razorpay Raises $75M Series C for India Payment Infrastructure
Indian online payments startup Razorpay raised $75 million in Series C funding led by Ribbit Capital and Sequoia Capital, valuing the company at approximately $450 million. Tiger Global and Y Combinator Continuity Fund also participated. Razorpay provides payment APIs enabling businesses to embed financial services.
India's Razorpay Raises $20M Series B Led by Tiger Global and YC
Indian payment gateway Razorpay raised $20 million in a Series B round led by Tiger Global and Y Combinator Continuity, with participation from Matrix Partners. The funding came amid reported interest from Stripe, PayPal, Amazon, and Adyen for potential partnerships or acquisitions to expand in India.