Razorpay Reverse-Flips Domicile To India Ahead Of Planned IPO

Payment rail Razorpay has shifted its holding structure from the US back to India, positioning the fintech for a public listing on Indian exchanges. The move joins a broader wave of startups relocating domicile ahead of IPOs.

— Filed Thu, 9 Jul, 2026, 05:18 IST · Source Inc42 · Quick Commerce · Updated

Payment rail Razorpay has reverse-flipped its domicile from the US back to India, positioning the fintech for a planned IPO on Indian exchanges, joining other startups relocating ahead of public listings.

Why this matters

The domicile shift extends Razorpay's IPO preparations, following its completed US-to-India relocation and earlier governance and compliance moves aimed at building listing momentum.

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