Razorpay secures $375m in Series F round, valuation jumps to $7.5b

Razorpay secures $375m in Series F round, valuation jumps to $7.5b

Razorpay Founders (L-R), Harshil Mathur & Shashank Kumar

Bengaluru-based payments processing platform Razorpay has raised around $375 million in its Series F round co-led by Lone Pine Capital, Alkeon Capital and TCV, according to an announcement on Monday.

With this round, Razorpay’s valuation has more than doubled to hit $7.5 billion in just eight months. Existing investors Tiger Global, Sequoia Capital India, GIC and Y Combinator also joined the latest round.

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