Razorpay raises US$100m in Series D round co-led by GIC: TechCrunch
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
[SAN FRANCISCO] Razorpay raised US$100 million in Series D financing co-led by Singapore sovereign wealth fund GIC and Sequoia India, TechCrunch reported, citing the fintech startup's co-founder and chief executive officer Harshil Mathur.
The funding round values the Bangalore, India-based payment processing company at "a little more than US$1 billion", he said.
Existing investors Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners also took part in the financing round, TechCrunch said.
BLOOMBERG
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
