Razorpay Pivots From Payments To AI Platform For India's Small Businesses
Payments provider Razorpay is expanding beyond its core to position itself as an AI-driven operating layer for India's small businesses, per an Inc42 report. The move signals a bid to deepen merchant lock-in and diversify revenue beyond transaction fees.
Payments provider Razorpay is expanding beyond payments to position itself as an AI-driven platform serving India's small businesses, per an Inc42 report.
Why this matters
This continues Razorpay's recent pattern of moving beyond payments, echoing prior signals on eyeing AI expansion and building an AI operating layer and tools for India's small businesses.
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