Razorpay completes reverse flip to India, eyes domestic IPO within two years
Payments major Razorpay relocated its domicile from the US to India, incurring ~₹1,245 crore in tax, and rebranded as Razorpay Software Ltd. The move clears the runway for a domestic listing planned within two years, joining peers like PhonePe and Groww in homecoming ahead of IPO.
Payments rail Razorpay completed its reverse flip, moving domicile from US to India ahead of a domestic IPO planned within two years, incurring ~₹1,245 crore tax and rebranding as Razorpay Software Ltd.