Tag "RazorPay"

Razorpay acquires TERA Finlabs; furthers B2B Credit Infrastructure

By : Laxitha Mundhra

FinTech Razorpay has announced its acquisition of TERA Finlabs – an AI-based risk tech SaaS Platform. The companies have not disclosed the value of the transaction yet. This third acquisition marks Razorpay’s strong foray into the B2B SME lending space. To

Online payment platforms lead the fight against COVID-19

By : Laxitha Mundhra

Online payments startup, PayU has announced a 100% TDR waiver and removal of transactions fee for NGOs. The company states that NGOs are working relentlessly to bring resources and help those in need and distress. “To support NGOs in combatting COVID-19,

Razorpay to buy back ESOPs for the third time worth $10 Million

By : CIOL Bureau

FinTech Unicorn Razorpay has announced that it will buy back ESOPs from its employees. Under this scheme, employees will have an option to sell 33% of their vested stocks to the company. According to Harshil Mathur, Co-Founder and CEO, Razorpay,

9 Indian startups that turned Unicorns in 2020 [so far] [Update]

By : Laxitha Mundhra

—Update (16/12/2020) on newly entered startups in the Unicorn club– Software-as-a-service (SaaS) firm Zenoti has raised $160 million as part of its Series D round. The round was led by private equity firm Advent International, through Advent Tech and affiliate

[Funding] GIC and Sequoia Capital lead Series D fund of $100 million in Razorpay (now a Unicorn!)

By : CIOL Bureau

Razorpay has raised a $100 million financing round led by GICand existing investor Sequoia Capital. With this fundraise, the company will reach the $1 billion valuation. This will make it the first Indian neo-bank to hit that benchmark. Existing investors include

Razorpay announced appointment of New CIO and CBO

By : CIOL Bureau

Razorpay announced appointment of Amitabh Tewary and Rahul Kothari to its team, as their Chief Innovation Officer (CIO) and Chief Business Officer (CBO), respectively. The Former Mastercard Vice President, Amitabh Tewary, will be responsible for expanding Razorpay’s footprint in other

CxO of the Week: Arif Khan, Chief Innovation Officer, Razorpay

By : Ashok Pandey

CIOL has chosen Arif Khan, Chief Innovation Officer at Razorpay, CXO of the Week. He is leading the team towards creating superlative products that are instrumental in the Company’s journey towards becoming synonymous with innovation. A professional in payment industry

Razorpay integrates UPI into IRCTC website and app

By : CIOL Writers

Digital payments company Razorpay has partnered with Indian Railway Catering and Tourism Corporation(IRCTC) to enable users to book tickets through UPI based service, in addition to the credit/debit cards, wallets, and net banking. The move first reported by Economic Times

Razorpay raises $20M in Series B led by Tiger Global

By : CIOL Writers

Digital payments startup Razorpay has closed its Series B funding round of $20 million led by existing investors Tiger Global and Y Combinator; the round also saw the participation of Matrix Partners. The company will use the funds for its