During a meeting held on August 29, government officials also sought suggestions from the industry on the rules for the Promotion and Regulation of Online Gaming Act, 2025
What makes an investor back a startup in a “crowded, commoditized” space? In this episode of PitchCraft Season 2, we go deep into Razorpay’s original pitch deck, which helped a pair of IIT grads raise their first round of funding against the odds. Co-founder Harshil Mathur, along with early investor Vikram Vaidyanathan, takes us back to 2015. Learn how they framed the market, the friction points they chose to highlight, and why they focused on product and tech when everyone else said the market was done. It’s a captivating tale of strength in the face of big odds, small victories paving the way for the ultimate success, the importance of clarity and vision, and what it takes to make a bet that other investors won't. It’s a must-watch for early-stage founders, operators, and investors alike. Presented by Moneycontrol, in association with SeedToScale, curated by Accel.
As per the NPCI database, POP is currently the 21st largest UPI player in the country, processing 13.6 million transactions in May 2025, with a total transaction value exceeding Rs 500 crore.
Meesho, Groww and Razorpay are among a wave of Indian startups unwinding US-based corporate structures to meet regulatory norms and list locally here in India.
Moneycontrol had reported earlier on May 29 that the reverse flip was officially completed, bringing the company’s headquarters under Indian jurisdiction.
Razorpay launched the process to move its parent entity to India from the United States in May 2023, ahead of its plans to list on Indian bourses
PhonePe CEO Sameer Nigam and Razorpay CEO Harshil Mathur have also been elected to the governing council, which in the past has been accused of toeing the line of 'big tech' firms
The SoftBank-backed company reported a revenue of Rs 319.32 crore for FY24, up 49.6 percent from year-ago period
The firm is set to file its draft papers in the second half of 2025 and is aiming to list on Indian stock exchanges in 2026
Juspay, founded by Vimal Kumar and Sheetal Lalwani in 2012, is the leading provider of payment orchestration software.
'We urge investors and stakeholders not to rely on unverified media reports,' says Paytm
Razorpay is trying to work with global payment players, including Stripe, JP Morgan Chase and others to see how it can collaborate to increase the cross-border penetration
Take a closer look on whether this decision will reshape the dynamics of merchant payment integrations, affecting the ease of operations or if it will impact payment orchestrators in India.
Payment gateways often transition away from third-party payment orchestrators to gain end-to-end control over the payment process and enhance the security of payment transactions.
Pandit's appointment comes 10 months after the firm appointed former SAP India executive Raisinghani as its CEO
Razorpay is now investing heavily in offline payments, with over half a million POS terminals deployed
Founded in 2014, Razorpay has grown from a single-product payment gateway to a multi-product platform with an annualized total payment volume (TPV) of $180 billion.
The programme, launched by Razorpay, aims to invest in 10-15 startups annually, offering up to $1 million each, alongside tailored mentorship, tech integration, and market access
The company reported a 4.7x growth in net profit, which stood at Rs 35 crore during FY 24
While companies like PhonePe, Groww and Pepperfry have completed their relocation, others such as Pine Labs are in the process of moving to India
Valued at more than $7 billion, the firm is backed by marquee investors such as Y Combinator, GIC, Peak XV, Ribbit Capital, Matrix Partners, MasterCard, and others.
After five straight years of profitability, Cashfree slipped into the red in FY22 in the wake of the RBI banning the enrolment of new merchants. The company is hoping to claw back to profit in the first quarter of FY25, on the back of new products along with meeting the pent-up demand for new merchant sign-ups.
The fintech firm had filed a lawsuit against unknown individuals who were misrepresenting themselves as recruiters from the company, offering part-time jobs for extra income against deposits and other false promises.
The Apis Partners-backed fintech recently raised a bridge round of Rs 150 crore from existing investors, sources tell Moneycontrol.
In January last year, the RBI had returned the IPO-bound fintech firm's application to operate as a PA due to its complex corporate structure, and barred it from onboarding new merchants