Indian Fintech Startup RazorPay Raises $250M, Valued at $7B

RazorPay, a leading Indian fintech startup, announced a $250 million funding round today, pushing its valuation to $7 billion, according to Bloomberg. The Series G round was led by Sequoia Capital India and Tiger Global, marking one of the largest fintech investments in India this year. RazorPay plans to use the fresh capital to expand its product offerings and accelerate international growth. The company processes payments for over 8 million businesses across India, supporting the country’s booming digital economy. This funding boost solidifies RazorPay’s position as one of India’s top unicorns, reflecting strong investor confidence in the fintech sector.