Bangalore, India-based payments solutions company Razorpay has become a unicorn following a $100-million Series D funding co-anchored by Singapore sovereign wealth fund GIC Pte and Sequoia India, according to a TechCrunch report.
The funding round, which reportedly valued the payments company at a little more than a billion dollars, was also participated by existing investors Ribbit Capital, Tiger Global, Y Combinator, and Matrix Partners.