Razorpay raises US$100m in Series D round co-led by GIC: TechCrunch
Add BT as a preferred source[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
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Scaling Berli Jucker’s retail empire – daughter of Thai beer billionaire seeks growth outside home country
