News
Razorpay completes reverse flip to India
By Startup Enthusiast ·
- Date
- Company
- Razorpay
- What it does
- Parent moves from US to India
- Kind
- News
- Based in
- Bengaluru
- Founded
- 2014
What they do
Razorpay finished moving its parent company from the US back to India in May 2025, merging Razorpay Inc into its Indian entity
What happened
The Ministry of Corporate Affairs' regional director approved the merger, which skipped the tribunal under newer norms
Why it matters
The move cleared the way for an Indian stock market listing
The details
- Razorpay completed its reverse flip in May 2025.
- Razorpay Inc merged with Razorpay Software Pvt Ltd.
- The MCA approved it without the NCLT.
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- Razorpay files draft papers for initial public offering20 August 2026 · IPO · $500M-$600M
- Razorpay launches Vulcan AI payments model18 August 2026 · Launch
- Razorpay hires four senior AI and engineering executives4 August 2026 · People
- Razorpay recognized among world's top fintech companies in payments category1 August 2026 · Award
- Razorpay confidentially files for IPO15 June 2026 · IPO · $600 million (planned)
- Apuarv Sethi named Razorpay CMO16 May 2026 · People
- Razorpay files confidential IPO papers20 April 2026 · IPO · $600 Mn to $700 Mn