Razorpay

Razorpay

Razorpay is the "Stripe for India." It is an Indian payments platform for companies who want to run their business online. The company helps businesses accept online payments via credit card, debit card, net banking and wallets from their end customers. Established in 2013, Razorpay has 4000+ merchants. US based Stripe is a $10 billion payment processor. E-commerce in India is expected to be bigger than the US in the next 5 years. Soma was one of the first seed investors. Razorpay recently closed a Series B at a $100 million post-money valuation from Tiger Global and Matrix. Soma helped introduce Razorpay to some of the biggest banks in the world including the CEO of Mastercard Ajay Banga, which resulted in an investment and partnership

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