Payments major Razorpay announced the re-appointment of Arif Khan as its Chief Innovation Officer (CIO), according to ET report. Prior to joining Razorpay again, Khan served as Chief Digital Officer at NPCI. During his first stint at Razorpay from 2017 to 2019, Khan led several key initiatives and contributed to building a holistic business architecture…
Razorpay, a payments and banking platform for businesses, announced the appointment of Murali Brahmadesam as the Chief Technology Officer. With over 20 years of technical experience, the Ex-Amazon techie has worked across multiple products and domains, a statement said. Shashank Kumar, Co-founder, Razorpay, shared on the appointment, “Driven by our 800+ member strong engineering team, we…
Fintech startup Razorpay said it has acquired TERA Finlabs, a Bengaluru-based startup that provides technology, risk and capital solutions to enable embedded financing solutions for businesses, according to PTI report. TERA Finlabs is an Indian subsidiary of UK-based digital lender, GAIN Credit. Financial details of the transaction were not disclosed. “This acquisition of TERA Finlabs is aligned with…
Bengaluru headquartered healthtech platform Eka.Care has said that it has raised $4.5 million from angel and early-stage investors. The funding round saw participation from Eximius Ventures, 3one4Capital, and Speciale Invest. Angel investors including Rajesh Magow, Co-founder of MakeMyTrip; Founder of MakeMyTrip – Deep Kalra; INDMoney founder Ashish Kashyap; Cred founder Kunal Shah; Abhishek Begerhotta, Founder…
MSME edtech startup MSMEx has raised $1M in pre-Series A round. The latest funding round was co-led by Razorpay and TNF Investments. Speaking on the investment, Amit Kumar, Co-founder and CEO, MSMEx, stated, “Only 0.5 percent of micro-businesses can scale up and graduate to the next level in India, while the comparative figures for China and…
Razorpay, a Bengaluru-based payment service provider that helps businesses automate collections through its gateway service, while helping small businesses manage money flow, said it has raised $160 million from Sequoia India and Singapore-based GIC in a funding round, according to ET report. Existing investors Ribbit Capital and Matrix Partners also participated in the funding round.…
Razorpay, a Bengaluru-based fintech startup, has plans to expand its workforce by nearly 50% in the next 10 months, in order to meet the payments and banking needs of small businesses and freelancers. The newly-turned unicorn currently employs 1,300 people—of which 550 came on board in the last year itself. The fintech startup has also…
Razorpay, a Bengaluru-based fintech startup has announced that it has raised $100 million in Series D funding led by GIC, Singapore’s sovereign wealth fund, and Sequoia Capital India. With this funding, the startup entered the unicorn club amidst the coronavirus pandemic. Existing investors Y Combinator, Matrix Partners India, Tiger Global, and Ribbit Capital also participated…
Razorpay, the leading full stack financial solutions company, announced that they will continue to hire for critical roles across Product and Engineering teams. The company said that it is hiring for over 50 critical positions across functions like Backend, Frontend, Data Sciences and Product Management to meet the increasing demand and enable seamless online transactions…
Razorpay, the leading full-stack financial solutions company, shared insights about the impact of the Coronavirus (Covid-19) outbreak on digital payments in India. The insights are based on transactions held on the company’s platform between February 2020 and now. Since December 2019 when Covid-19 originated in China’s Wuhan city and its severity started to spread across…
Razorpay is planning to hire 400 professionals for the year 2020. The company will also expand its workforce by more than 65 percent. Recently, Arpit Chug was appointed as the CFO to strengthen its leadership team. Moreover, it has acquired payroll management company Opfin. In a statement, Harshil Mathur, CEO, Razorpay shared, “As we are…
Payments provider Razorpay recently announced that it has appointed Arpit Chug as the CFO of the company. Chug an IIM Ahemdabad alumnus was earlier associated with American Express India as the CFO. Razorpay has also acquired payroll management company Opfin. In a media statement, Harshil Mathur, CEO and Co-founder of Razorpay, said, “Arpit brings tremendous depth…
Razorpay has acquired payroll management company Opfin. The announcement was made at the second edition of FTX, Razorpay’s flagship fintech conference on 22nd November 2019. Opfin was founded in 2017 by Anuj Jain. It provides payroll automation and related services like leaves and offer letter generation to its clients. The platform also provides for storage…