Razorpay Raises $100 Million in Latest Funding Round: TechCrunch

Razorpay raised $100 million in Series D financing co-led by Singapore sovereign wealth fund GIC Pte and Sequoia India, TechCrunch reported, citing the fintech start-up’s co-founder and Chief Executive Officer Harshil Mathur.

The funding round values the Bangalore, India-based payment processing company at “a little more than $1 billion,” he said.

Existing investors Ribbit Capital, Tiger Global, Y Combinator, and Matrix Partners also took part in the financing round, TechCrunch said.

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Sebastian Tong in San Francisco at stong41@bloomberg.net

To contact the editors responsible for this story:
Angela Moon at hmoon43@bloomberg.net

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