Payments platform's revenue hit ₹3,900 crore in FY25

Razorpay runs a payments and banking platform that helps businesses handle everything from credit cards and UPI to wallets and POS systems.
It has all three RBI payment aggregator licenses: online, cross-border, and offline POS.
In fiscal 2025, revenue hit ₹3,900 crore, thanks to strong growth in payments banking and international business.

Losses and previous funding rounds

Even with major revenue gains, Razorpay posted a net loss in fiscal 2025 due to ESOP expenses and costs tied to moving its base back to India.
So far, it has raised $742 million from big names like GIC and Tiger Global.