Razorpay to redomicile to India, targets domestic IPO within two years
Payments major Razorpay plans to shift its domicile back to India by FY25 ahead of a planned domestic listing in roughly two years. The firm is pushing for profitability across verticals while expanding payment rails, POS, loyalty and AI products for Indian retail chains and enterprises.
Razorpay plans to shift domicile to India by FY25 and target a domestic IPO within two years, aiming for profitability across verticals. It expands payment rails, POS, loyalty and AI products serving Indian retail chains and enterprises.
Why this matters
Follows Razorpay's completed reverse flip to India and its 'UPI Switch' launch with Airtel Payments Bank, reinforcing a domestic-first strategy ahead of a planned IPO.
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