Policy
Supreme Court dismisses ED appeal against Razorpay
By Startup Enthusiast ·
- Date
- Company
- Razorpay
- What it does
- Court ends money-laundering case
- Kind
- Policy
- Based in
- Bengaluru
- Founded
- 2014
What they do
The Supreme Court in March 2026 rejected the Enforcement Directorate's appeal against Razorpay in a money-laundering case
What happened
It left in place a Karnataka High Court order from March 2024 that had quashed the proceedings
Why it matters
The court said its order applies only to Razorpay, and called it a relief for the IPO-bound firm
The details
- The Supreme Court dismissed the ED appeal in March 2026.
- The Karnataka High Court had quashed the case in 2024.
- The ruling covers Razorpay only.
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- 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
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