Razorpay Completes Reverse Flip to India Ahead of Domestic IPO
Razorpay has shifted its domicile from the US back to India, positioning itself for a domestic listing. The move mirrors peers PhonePe, Groww and Pine Labs, all relocating holding structures to tap Indian exchanges as IPO ambitions firm up.
Razorpay completed a reverse flip, shifting its domicile from the US to India ahead of a planned domestic IPO, joining peers like PhonePe, Groww and Pine Labs in relocating holding structures to list on Indian exchanges.