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Funding

Razorpay selected for Y Combinator programme

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Razorpay logo
Date
Company
Razorpay
What it does
Joins Y Combinator
Kind
Funding
Amount
$120,000
Stage
Accelerator
Based in
Bengaluru
Founded
2014

What they do

Razorpay, then based in Jaipur, was picked for the Y Combinator accelerator, becoming the second India-focused company in the programme

What happened

It aims to give small businesses, schools and colleges a simple, affordable and secure way to accept online payments

Why it matters

The founders are alumni of IIT Roorkee and had been mentored out of Startup Oasis in Jaipur before joining

The details

  • Razorpay was chosen for Y Combinator in March 2015.
  • It received about $120,000 in the programme.
  • It was the only India-focused company chosen that round.
  • The company helps small firms collect online payments.

Investors

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