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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 Razorpay 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.

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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.

Razorpay Revenue GrowthReported revenue / ARR by year$0$125M$250M$375M$500M$625M201420162018202020222024$0$12M$26M$124M$193M$227M$483MSource: GetLatka.com
YearMilestoneQuote
2024Razorpay Hit $483.1m revenue in November 2024Source
2024Razorpay Hit $371.5m revenue in October 2024
2023Razorpay Hit $226.6m revenue in December 2023
2022Razorpay Hit $192.5m revenue in December 2022
2021Razorpay Hit $124.3m revenue in April 2021
2019Razorpay Hit $26.3m revenue in May 2019
2018Razorpay Hit $12m revenue in June 2018
2014Launched 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.

Razorpay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2B$4B$6B$8B2014201520162017201820192020202120222014 cumulative: $3M • 2014 Seed Round: $3M2015 cumulative: $12M • 2014 Seed Round: $3M • 2015 Series A: $9M2018 cumulative: $32M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M2019 cumulative: $107M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M • 2019 Series B: $75M2019 cumulative: $125M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M • 2019 Series B: $75M • 2019 Series C: $18M2020 cumulative: $225M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M • 2019 Series B: $75M • 2019 Series C: $18M • 2020 Series D: $100M @ $1B valuation2021 cumulative: $385M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M • 2019 Series B: $75M • 2019 Series C: $18M • 2020 Series D: $100M @ $1B valuation • 2021 Series E: $160M2021 cumulative: $760M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M • 2019 Series B: $75M • 2019 Series C: $18M • 2020 Series D: $100M @ $1B valuation • 2021 Series E: $160M • 2021 Series F: $375M2022 cumulative: $829M • 2014 Seed Round: $3M • 2015 Series A: $9M • 2018 Corporate Round: $20M • 2019 Series B: $75M • 2019 Series C: $18M • 2020 Series D: $100M @ $1B valuation • 2021 Series E: $160M • 2021 Series F: $375M • 2022 Seed Round: $70M @ $8B valuation$829M2020 Series D: $1B valuation$1B2022 Seed Round: $8B valuation$8BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2022Seed Round$69.6M$7.5B1%
2021Series F$375M--
2021Series E$160M--
2020Series D$100M$1B10%
2019Series C$18M--
2019Series B$75M--
2018Corporate Round$20M--
2015Series A$9M--
2014Seed Round$2.6M--

Razorpay Employees & Team Size

Razorpay employs approximately 3.5K people as of 2026, up from 2.9K in 2023.

Razorpay has 3.5K total employees in different roles and functions. They have 450K customers that rely on the company's solutions.

Razorpay Team GrowthReported headcount over time07501,5002,2503,0003,75020142016201820202022202411113,5063,506Source: GetLatka.com
YearMilestone
2024Reached 3.5K employees (September 2024)
2023Reached 2.9K employees (December 2023)
2022Reached 2.7K employees (December 2022)
2021Reached 2.2K employees (December 2021)
2020Reached 700 employees (October 2020)
2019Reached 350 employees (October 2019)
2015Reached 15 employees (June 2015)
2014Reached 11 employees (December 2014)

Founder / CEO

Harshil Mathur

Harshil Mathur is listed as Founder / CEO at Razorpay.

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Customers

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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.

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Compare Razorpay to the industry

Razorpay operates across multiple industries. Browse revenue, funding, and growth data for Razorpay in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .