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New Deal


Announced

Completed

GIC and Sequoia led the $160m Series E round in Razorpay.

Financials

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Transaction Value£116m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Minority

Friendly

Private Equity

Software

payment services

online payment services

India

Private

Completed

Cross Border

Venture Capital

Synopsis

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Investment companies GIC and Sequoia led the $160m Series E round in Razorpay, a payment solutions company. Investors Ribbit Capital and Matrix Partners also participated in the round. "...It has also been a pleasure to have our investors with us on this journey. From the support we have received to their understanding of our vision, it has made us stronger. All that we have done and what we plan to do is with a singular objective of customer delight and allowing entrepreneurs and enterprises to scale up without worrying about their finance backbone," Harshil Mathur, Razorpay Co-Founder.

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