India · Series C startup

Who invested in Razorpay

4 rounds we have observed, with the 23 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Valuation: $7.5B, Mar 2026Y Combinator: W15

Funding summaryUpdated 26 Oct 2026

$107Mraised across 4 rounds since 2015, from 4 sources

$2.6MSeed$9.0MSeries A$20MSeries B$75MSeries C
Latest round
Series C, $75MJun 2019
Led by
Ribbit Capital
Step-upi
3.8×
Investors
23 (1 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20152016201720182019
$2.6MSeed$9.0MSeries A$20MSeries B$75MSeries C
First round
Seed, $2.6M
Mar 2015
Biggest round
$75M
Series C · Jun 2019
Usual gap between rounds
17 months
the median of 3

The rounds

  1. Jun 2019
    Series C$75M1 new

    Reported by Economictimes

  2. Jan 2018
    Series B$20M1 new1 returning

    Reported by FinSMEsSEC filing: $12M sold, first sale May 2015

  3. Oct 2015
    Series A$9.0M1 new1 returning

    From a historical funding record

  4. Mar 2015

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Matrix PartnersVC firm2rounds
Ribbit CapitalVC firm1round, led 1
Y CombinatorAccelerator1round
Soma CapitalVC firm1round
Kunal ShahAngel1round
GMO VenturePartnersCorporate VC1round
Ram ShriramVC firm1round
Justin KanVC firm1round
Nikesh AroraVC firm1round
Tikhon BernstamAngel1round
Titan CapitalFamily office1round
Rohit BansalAngel1round
Naveen TewariAngel1round
Amit GuptaAngel1round
Hiro MashitaAngel1round
Jeff HuberAngel1round
Abhay Singhalno record of our own yet1round
Jeff Fergusonno record of our own yet1round
Punit Sonino record of our own yet1round
Y Combinator/ Matrixno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 5 firms list Razorpay as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Alkeon CapitalVC firmPer its own site
VestedVCVC firmPer its own site
Brad FloraAngelPer its own site
Locus VenturesVC firmPer its own site

Quick answers about Razorpay

Who invested in Razorpay?

Razorpay's investors include Tiger Global Management, Matrix Partners, Ribbit Capital, Y Combinator and Soma Capital, and 18 more on record. Ribbit Capital led its latest round.

How much has Razorpay raised?

Razorpay has raised $107M across 4 rounds since 2015.

When did Razorpay last raise?

Razorpay's most recent round was a Series C of $75M in Jun 2019, led by Ribbit Capital.

What was Razorpay's biggest round?

Its most recent round, $75M in Jun 2019, is also its largest on record.

Who backed Razorpay first?

Razorpay's first round on record, in Mar 2015, was backed by Y Combinator, Soma Capital and Matrix Partners and 17 others.

What stage is Razorpay at?

Razorpay's latest named round is a Series C, in Jun 2019.

Where is Razorpay based?

Razorpay is based in India.

Who led Razorpay's rounds?

Ribbit Capital led the Series C in 2019.

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