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Funding

Razorpay raises $9 million Series A

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Razorpay logo
Date
Company
Razorpay
What it does
Tiger Global leads Series A
Kind
Funding
Amount
$9 million
Stage
Series A
Based in
Bengaluru
Founded
2014

What they do

Tiger Global led the round, with Matrix Partners also taking part, giving the payment gateway $9 million in fresh capital

What happened

The company also disclosed an earlier seed round of $2.5 million that came from 33 investors

Why it matters

Seed backers included Matrix Partners, Y Combinator and several well-known founders and product heads of Indian internet firms

The details

  • Razorpay raised $9 million in Series A in October 2015.
  • Tiger Global led and Matrix Partners joined.
  • A $2.5 million seed round from 33 investors was announced alongside.

Investors

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