GIC and Sequoia led a $100m Series D funding round in Razorpay.

GIC and Sequoia Capital led a $100m Series D funding round in Razorpay, a provider of online payment services. The round was also joined by Ribbit Capital, Tiger Global, Y-Combinator and Matrix Partners. “This funding is just a pit stop to refuel while we strengthen our commitment of simplifying the entire money flow so that our partner businesses can focus more on disrupting the Indian economy with their new ideas, new products, and new experiences, every day,” Shashank Kumar, Razorpay Co-Founder.