Razorpay targets post-FY26 IPO as India redomiciliation nears completion
Razorpay CEO Harshil Mathur said the payments company plans to pursue an IPO after FY26. Its process to shift domicile to India is expected to conclude within six to 12 months, a key step ahead of a potential domestic listing.
Razorpay plans to pursue an IPO after FY26, while its process to establish an India domicile is expected to close within six to 12 months, CEO Harshil Mathur said.
Why this matters
Razorpay’s potential domestic listing follows its push beyond online payments, including its BillMe acquisition for offline merchant engagement, earlier UPI integration for IRCTC rail bookings, and its 2019 $75M Series C.
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