Razorpay Files Confidential DRHP For $600 Mn IPO At $5-6 Bn Valuation
Payments giant Razorpay filed confidential IPO papers to raise $500-600 Mn at a $5-6 Bn valuation—a markdown from its $7.5 Bn peak. FY25 revenue grew 65% to ₹3,783 Cr but the company slipped into losses on ESOP and India redomicile costs. Serves 80 Lakh businesses.
Razorpay filed confidential DRHP to raise $500-600 Mn at a $5-6 Bn valuation, down from $7.5 Bn. FY25 revenue jumped 65% to ₹3,783 Cr but slipped into red due to ESOP and India redomicile costs.
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