(Bloomberg) -- Razorpay raised $100 million in Series D financing co-led by Singapore sovereign wealth fund GIC Pte and Sequoia India, TechCrunch reported, citing the fintech start-up's co-founder and Chief Executive Officer Harshil Mathur.
The funding round values the Bangalore, India-based payment processing company at “a little more than $1 billion,” he said.
Existing investors Ribbit Capital, Tiger Global, Y Combinator, and Matrix Partners also took part in the financing round, TechCrunch said.
©2020 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
