Razorpay Completes Reverse Flip, Shifts Domicile to India Ahead of Domestic IPO
Razorpay has moved its holding company from the US to India, clearing a key structural hurdle before a planned domestic listing. The fintech joins peers PhonePe and Groww in relocating to India to pursue local IPOs.
Razorpay completed its reverse flip, moving its domicile from the US to India ahead of a planned domestic IPO, joining fintechs like PhonePe and Groww relocating holding companies for Indian listings.
Why this matters
The move builds on Razorpay's IPO groundwork, following its compliance, wealth and governance overhaul and earlier momentum signals. Redomiciling to India removes a major barrier to a domestic listing.
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