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Razorpay confidentially files draft paper for IPO, looks to raise $600 million: Report

As reported by mint - markets
Razorpay had confidentially filed papers for $600 million IPO, according to sources. Razorpay competes with fintechs such as Paytm, Walmart-backed PhonePe, Cashfree and BillDesk in India's burgeoning digital payments ecosystem.
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Razorpay has confidentially filed draft papers for an Initial Public Offering, seeking to raise $600 million. This strategic move highlights its ambition within India's burgeoning digital payments ecosystem. The fintech firm currently competes with prominent players like Paytm,…

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