Indian Fintech Razorpay Raises $375m, Valued at $7.5bn: Mint

Indian digital payments and financial services firm Razorpay has raised its second major funding this year, securing a $375 million Series F round co-led by hedge and private equity firms Lone Pine Capital, Alkeon Capital and TCV, Mint reported.

Razorpay is now valued at $7.5 billion, a seven-fold jump from the start of 2021 when it was valued at a little over $1 billion. This makes it the most valued privately held fintech company in India and the second most valued Indian fintech after Paytm.

Read the full report: Mint.

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.