10 Jan 2026 | 5 Mins Read

Razorpay reportedly prepares for ₹4,500 crore IPO

Flipitmoney

Razorpay is reportedly preparing for a Rs 4,500 crore IPO with Axis Capital and Kotak Mahindra as top contenders for underwriter roles. The Bengaluru-based company has also discussed a pre-IPO funding round. Founded in 2014 by Shashank Kumar and Harshil Mathur, Razorpay was last valued at $9.2 billion in June 2025, with annual revenue of Rs 2,500 crore and 3,000 employees.