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New Deal


Announced

Completed

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

Financials

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Transaction Value£76m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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online payment services

Software

payment services

Private

Completed

Minority

Venture Capital

Cross Border

Friendly

India

Acquisition

Private Equity

Synopsis

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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.

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