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Acquisition

Razorpay acquires digital invoicing startup BillMe

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Razorpay logo
Date
Company
Razorpay
What it does
Builds omnichannel invoicing
Kind
Acquisition
Amount
About $10 million (unconfirmed)
Based in
Bengaluru
Founded
2014

What they do

Razorpay bought Mumbai-based BillMe in September 2023 to deepen its merchant loyalty business and add value-added services

What happened

Razorpay declined to share terms, but people in the know said about $10 million in cash and shares changed hands

Why it matters

BillMe, founded in 2018, helps merchants send digital bills and offers customer relationship software

The details

  • Razorpay acquired BillMe in September 2023.
  • BillMe is based in Mumbai.
  • Sources put the price near $10 million, unconfirmed.

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