Razorpay Completes Reverse Flip To India Ahead Of Planned IPO
Payment gateway Razorpay has redomiciled from the US to India via a reverse flip, positioning itself for a public listing. The move follows fintech peers PhonePe and Groww, and matters to Indian retail merchants who rely on Razorpay's payment rails.
Razorpay, an Indian payment gateway and fintech provider serving businesses, has redomiciled from the US to India via a reverse flip ahead of a planned IPO, following peers like PhonePe and Groww.
Why this matters
Confirms Razorpay's completed domicile shift to India, consistent with prior signals reporting its reverse flip ahead of a planned domestic IPO, mirroring peers PhonePe and Groww.
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