Valuation
$7.5B
2024 Revenue
$483.1M
Customers
450K
Funding
$829.2M
YOY
113.2%
Avg ACV
$1.1K
Team
3.5K
Founded
2014
How Razorpay CEO Harshil Mathur grew to $483.1M revenue and 450K customers in 2024.
Razorpay is a leading Indian fintech company, founded in 2014 by Harshil Mathur and Shashank Kumar, offering a full-stack payments and business banking platform. Originally launched as a startup-focused payment gateway, it has since expanded to include subscriptions, vendor payouts, neobanking, and lending.
Last updated
Razorpay Revenue
In 2024, Razorpay's revenue reached $483.1M. The company previously reported $371.5M in 2024. Since its launch in 2014, Razorpay has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Razorpay Hit $483.1m revenue in November 2024Source | |
| 2024 | Razorpay Hit $371.5m revenue in October 2024 | |
| 2023 | Razorpay Hit $226.6m revenue in December 2023 | |
| 2022 | Razorpay Hit $192.5m revenue in December 2022 | |
| 2021 | Razorpay Hit $124.3m revenue in April 2021 | |
| 2019 | Razorpay Hit $26.3m revenue in May 2019 | |
| 2018 | Razorpay Hit $12m revenue in June 2018 | |
| 2014 | Launched with $0 revenue |
Razorpay Valuation, Funding Rounds
Razorpay reached a $7.5B valuation in 2022, set during its Seed Round round.
Razorpay has raised $829.2M in total funding across 9 rounds, most recently a $69.6M Seed Round round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Seed Round | $69.6M | $7.5B | 1% | |
| 2021 | Series F | $375M | - | - | |
| 2021 | Series E | $160M | - | - | |
| 2020 | Series D | $100M | $1B | 10% | |
| 2019 | Series C | $18M | - | - | |
| 2019 | Series B | $75M | - | - | |
| 2018 | Corporate Round | $20M | - | - | |
| 2015 | Series A | $9M | - | - | |
| 2014 | Seed Round | $2.6M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Razorpay serves 450K customers.
Razorpay Employees & Team Size
Razorpay employs approximately 3.5K people as of 2026, up from 2.9K in 2023. It serves 450K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 3.5K employees (September 2024) |
| 2023 | Reached 2.9K employees (December 2023) |
| 2022 | Reached 2.7K employees (December 2022) |
| 2021 | Reached 2.2K employees (December 2021) |
| 2020 | Reached 700 employees (October 2020) |
| 2019 | Reached 350 employees (October 2019) |
| 2015 | Reached 15 employees (June 2015) |
| 2014 | Reached 11 employees (December 2014) |
Frequently Asked Questions about Razorpay
What is Razorpay's revenue?
Razorpay generates $483.1M in revenue.
Who founded Razorpay?
Razorpay was founded by Harshil Mathur.
Who is the CEO of Razorpay?
The CEO of Razorpay is Harshil Mathur.
How much funding does Razorpay have?
Razorpay raised $829.2M.
How many employees does Razorpay have?
Razorpay has 3.5K employees.
Where is Razorpay headquarters?
Razorpay is headquartered in Bangalore, Karnataka, India.
Compare Razorpay to the industry
Razorpay operates across multiple industries. Browse revenue, funding, and growth data for Razorpay in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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