Tag: Tiger Global

Razorpay Raises $100 Million in Series D Funding Round

Razorpay Raises $100 Million in Series D Funding Round

Investment, News
Mumbai, Oct. 12, 2020: Razorpay today announced its Series D fundraise of $100 Million, giving the company more than $1 Billion in valuation. This round was co-led by GIC, Singapore’s sovereign wealth fund and Sequoia India, along with participation from Ribbit Capital, Tiger Global, Y Combinator and Matrix Partners.  Razorpay helps businesses modernise their financial infrastructure by providing intelligent automated payment and banking solutions to manage their entire money flow, while they focus more on their strategic functions. The new funding gives Razorpay $206.5 Million in investments since its inception in 2014, That includes its recent raise, a $75 Million in Series C in 2019. Razorpay plans to use the new funding to further strengthen and accelerate its two new product...