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Acquisition

Razorpay acquires AI platform Thirdwatch

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Razorpay logo
Date
Company
Razorpay
What it does
Buys fraud-detection platform
Kind
Acquisition
Based in
Bengaluru
Founded
2014

What they do

Razorpay bought Thirdwatch, an artificial intelligence platform that helps online sellers spot fraud, in August 2019

What happened

The deal brought fraud-analytics technology in-house for the payments company

Why it matters

The price of the acquisition was not disclosed in the headline coverage

The details

  • Razorpay acquired Thirdwatch in August 2019.
  • Thirdwatch runs an AI platform for fraud analytics.
  • The amount was not disclosed.

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