Lone Pine Capital, Alkeon Capital and TCV Capital led a $375m Series F financing round in Razorpay.

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.