Razorpay Redomiciles To India Ahead Of Planned IPO
Payments processor Razorpay has flipped its holding structure back to India from the US, clearing a key prerequisite for a domestic listing. The move mirrors peers PhonePe and Groww reversing overseas incorporations to enable Indian IPOs.
Razorpay, an Indian payment rail, has redomiciled from the US back to India ahead of a planned IPO, joining peers like PhonePe and Groww in reversing overseas flips to enable domestic listing.