Funding Round · BaaS · 2020

Razorpay Series D funding round led by GIC and Sequoia

Razorpay raised $100M Series D led by GIC, Sequoia Capital India, Ribbit Capital, Tiger Global, Y Combinator, Matrix Partners on October 12, 2020.

Primary
Razorpay
Counterparty
GIC, Sequoia Capital India, Ribbit Capital, Tiger Global, Y Combinator, Matrix Partners
Amount
$100M
Structure
Series D
Date
October 12, 2020
Sub-sector
BaaS

Razorpay achieves unicorn status and funds expansion of neo-banking (RazorpayX) and lending (Razorpay Capital) product lines targeting Indian SMB financial infrastructure.

Primary company
Razorpay
Amount
$100M
Event date
October 12, 2020
Sub-sector
BaaS
HQ
Structure
Series D
Source published
October 12, 2020
Publisher
Forbes India

Source: forbesindia.com