13 Feb 2026 | 3 Mins Read
Razorpay selects 4 investment banks for its $700 mn IPO
Flipitmoney
Razorpay has shortlisted 4 investment banks: Axis Capital, Kotak Mahindra Capital, JP Morgan, and Citi, for its proposed initial public offering (IPO). The IPO is expected to be a combination of primary and secondary issues, with a planned issue size of over $700 million. Razorpay's post-money valuation stands at $9.2 billion.