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New Deal


Announced

Completed

Razorpay completed the acquisition of a 80% stake in Ezetap.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

Single Bidder

payment device maker

Private

Majority

India

Completed

Friendly

Acquisition

Payments / Commerce

Synopsis

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Razorpay, the only payments solution in India that allows businesses to accept, process and disburse payments with its product suite, completed the acquisition of a 80% stake in Ezetap, a payment device maker. Financial terms were not disclosed. This acquisition marks digital payments provider Razorpay’s entry into the PoS space.

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