Razorpay files confidential DRHP for $600M+ IPO at $5-6B valuation
Payment gateway Razorpay has confidentially filed IPO papers targeting a $500-600M+ public issue at a $5-6B valuation. Backed by GIC, Y Combinator and Lightspeed, the company processes UPI, card and BNPL transactions for Indian retail and D2C merchants—making it critical checkout infrastructure for the consumer economy.
Razorpay confidentially filed IPO papers for a potential $600 million-plus issue at a $5-6 billion valuation. The payment gateway, backing UPI, cards and BNPL transactions, is critical infrastructure for Indian retail and D2C merchants.