StopDownOpen the app

Funding

Razorpay raises $20 million Series B

By ·

Razorpay logo
Date
Company
Razorpay
What it does
Series B from existing backers
Kind
Funding
Amount
$20 million
Stage
Series B
Based in
Bengaluru
Founded
2014

What they do

The digital payments startup raised a $20 million Series B in January 2018 from Tiger Global and Y Combinator

What happened

Both investors had already backed the company, so the round came mainly from existing shareholders

Why it matters

The company also hinted at moving into lending and other financial products beyond its payment gateway

The details

  • Razorpay raised $20 million in Series B in January 2018.
  • Tiger Global and Y Combinator took part.
  • The company hinted at lending products.

Investors

Read it as a card in the app

More on Razorpay

Everything on Razorpay →

Same day

All startup news on 15 January 2018 →