23/2/2024, 8:21:01 pm

Razorpay plans IPO post-FY26, India domicile process to close in 6 months

Merchant payment processing unicorn Razorpay is planning to go for an IPO after two years as its reverse flipping process to India is set to close in the next six to twelve months. Razorpay initiated the process to move its parent entity to India from the US in May 2023, ahead of its plans to list in the Indian bourses. The company was last valued at over $7 billion.