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Fintech Unicorn Razorpay plans to raise $200 million from existing investors 

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

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