Announced
Completed
Financials
Sources
Tags
Software
payment services
online payment services
India
Minority
Completed
Cross Border
Friendly
Single Bidder
Acquisition
Private
Private Equity
fintech
Synopsis
Lone Pine Capital, Alkeon Capital and TCV Capital led a $375m Series F financing round in Razorpay, a payments processing platform, with participation from Tiger Global, Sequoia Capital India, GIC and Y Combinator. "With this funding round, our valuation has increased to $7.5bn -- the fastest increase in valuation for an Indian unicorn in a year. Razorpay was valued at $1bn in October last year and $3bn in April this year," Harshil Mathur, Razorpay Co-Founder and CEO.
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