Razorpay's Plan to Shift Domicile to India by Year-End, Eye IPO in Two Years, Resurfaces from February 2024
Resurfacing a plan first reported in February 2024, the payments platform said it intends to relocate its base to India by year-end and target a public listing within two years, potentially bringing a major retail-payments infrastructure player to domestic capital markets.
Indian payments platform Razorpay plans to shift its base to India by year-end and is targeting an IPO within two years, signaling a potential domestic capital-markets milestone for a key retail payments rail.
Why this matters
The plan echoes recent signals that Razorpay aims to shift its domicile to India by end-2024 and target an IPO within two years, following its hiring of four senior engineering leaders to expand AI capabilities.
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