Razorpay Completes Reverse-Flip To India Ahead Of Planned IPO
Payments major Razorpay has shifted its domicile from the US back to India, positioning itself for a listing on Indian exchanges. The move mirrors peers PhonePe and Groww, signaling a broader fintech trend of onshoring ahead of public debuts.
Fintech and payment rail Razorpay completed reverse-flipping its domicile from the US to India ahead of a planned IPO on Indian exchanges, following peers like PhonePe and Groww.
Why this matters
Razorpay's completed reverse-flip to India follows repeated signals confirming the domicile shift, reinforcing its push toward a domestic IPO alongside peers like PhonePe and Groww.
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