Funding
Razorpay invests $30 million in POP
By Startup Enthusiast ·
- Date
- Company
- Razorpay
- What it does
- Takes majority stake in POP
- Kind
- Funding
- Amount
- $30 million
- Stage
- Strategic
- Based in
- Bengaluru
- Founded
- 2014
What they do
Razorpay put $30 million into rewards-first UPI app POP in June 2025 and took a majority stake
What happened
POP, based in Bengaluru, will keep running as a separate entity and will use the money for products and merchants
Why it matters
POP began its UPI platform in June 2024 and had raised a $2.4 million seed round before this
The details
- Razorpay invested $30 million in POP in June 2025.
- It now holds a majority stake.
- POP stays a separate entity.
Investors
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