29/10/2024, 12:50:04 pm

Razorpay revenue grows 24% in FY24 to Rs 2,068 crore

Razorpay, a Bengaluru-based payments gateway firm, reported 24% revenue growth to Rs 2,068 crore in FY24, with a 4.7-times increase in net profit to Rs 35 crore, driven by new product offerings and deeper penetration with existing businesses. Razorpay, valued at $7 billion, is shifting its registered office back to India ahead of a potential IPO.