Sequoia India and GIC Lead Series D into Razorpay
Posted on 10/12/2020
Sequoia India, part of Sequoia Capital, and Singapore’s GIC Private Limited led a Series D round for US$ 100 million into Bangalore-headquartered Razorpay. Existing investors Ribbit Capital, Tiger Global, Y Combinator, and Matrix Partners also participated in the round. Mathur and Shashank Kumar started Razorpay in 2014, which is a payments processing company. Razorpay competes with PayU, which is backed by Prosus Ventures.
Keywords: Razorpay Software Private Limited.
