Indian Fintech Startup Razorpay Raises $250M at $7B Valuation

Mumbai-based fintech startup Razorpay secured $250 million in a Series F funding round led by Sequoia Capital India on March 22, 2026. The new capital boost values the company at $7 billion, making it one of India’s fastest-growing unicorns, according to Reuters. Razorpay plans to expand its product offerings and invest in technology to serve over 10 million businesses across India. The startup has seen a 60% year-on-year growth in transaction volumes, driven by increased digital payments adoption. This latest funding round follows Razorpay’s $200 million raise in 2024, underscoring strong investor confidence in India’s fintech sector.