Razorpay acquires Mumbai's BillMe to bolster offline payments and merchant engagement
Razorpay's eighth acquisition brings digital invoicing startup BillMe into its offline payments suite, adding customer engagement tools atop billing. BillMe serves 4,000+ businesses including McDonald's, Burger King, Decathlon and Relaxo, managing 15,000 retail PoS in a digital receipts market seen at $2.3B by 2027.
Razorpay acquired Mumbai-based digital invoicing startup BillMe to boost its offline payments suite, enabling merchants to generate digital bills and run customer engagement campaigns. BillMe serves 4,000+ businesses including McDonald's, Burger King, Decathlon and Relaxo, managing 15,000 retail PoS.
Why this matters
Following its plan to redomicile to India ahead of a domestic IPO and a new venture program with Peak XV and Lightspeed, Razorpay's BillMe deal deepens its offline payments and merchant engagement push.
Retail-company signals accelerating at +887100% QoQ.