Fintech Unicorn Razorpay plans to raise $200 million from existing investors
GIC, the sovereign wealth fund of the Singapore govt, is an existing investor in Razorpay
Post the funding, the startup will be valued at $2 Billion
In October last year, Razorpay became the fifth fintech startup to enter the unicorn club
Razorpay reported revenue of Rs 519.42 crore in FY20
Airtel, BookMyShow, Facebook, Ola, Zomato, Swiggy, Cred, and ICICI Prudential are Razorpay’s clients
In 2020, Fintech became the most funded sector