29/5/2025, 3:04:03 pm

Razorpay completes reverse flip from US to India

Razorpay, a Y Combinator and Peak XV-backed fintech unicorn, has completed its reverse flip, shifting its parent company's domicile from the US to India. The process, involving merging its US entity with its Indian subsidiary, aligns with plans for an IPO on Indian bourses by FY28. This move follows regulatory reforms facilitating faster restructuring and mirrors trends among Indian startups.