Razorpay Completes Reverse Flip to India Ahead of Planned IPO
Payments and fintech major Razorpay has shifted its domicile from the US to India via reverse flipping, positioning itself for a domestic listing. It joins peers like PhonePe, Groww and Zepto in the reverse-flip trend as IPO ambitions build.
Razorpay, a major Indian payments and fintech firm powering retail payment rails, shifted its domicile from the US to India via reverse flipping ahead of a planned IPO, joining peers like PhonePe, Groww and Zepto.