# Razorpay funding: rounds and investors > Razorpay has raised $107M across 4 rounds since 2015. Investors include Tiger Global Management, Matrix Partners and Ribbit Capital. Source: https://millionrounds.com/company/razorpay (Millionrounds; every figure on the page links to its filing or article) India · [Series C startup](https://millionrounds.com/companies) # 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 2026 Y Combinator: W15 Funding summary Updated 26 Oct 2026 **$107M** raised across 4 rounds since 2015, from 4 sources **$2.6M** Seed **$9.0M** Series A **$20M** Series B **$75M** Series C - **Latest round:** Series C, $75M Jun 2019 - **Led by:** Ribbit Capital - **Step-up i:** 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. 2015 2016 2017 2018 2019 **$2.6M** Seed **$9.0M** Series A **$20M** Series B **$75M** Series C - **First round:** Seed, $2.6M - **Biggest round:** $75M - **Usual gap between rounds:** 17 months ## The rounds - **Jun 2019** Series C **$75M** *1 new* [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) Lead Reported by Economictimes - **Jan 2018** Series B **$20M** *1 new* *1 returning* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) Y Combinator/ Matrix Reported by FinSMEs SEC filing: $12M sold, first sale May 2015 - **Oct 2015** Series A **$9.0M** *1 new* *1 returning* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) From a historical funding record - **Mar 2015** Seed **$2.6M** *20 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Soma Capital](https://millionrounds.com/fund/soma-capital) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [Kunal Shah](https://millionrounds.com/fund/kunal-shah) [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) [Ram Shriram](https://millionrounds.com/fund/ram-shriram) [Justin Kan](https://millionrounds.com/fund/justin-kan) [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) [Tikhon Bernstam](https://millionrounds.com/fund/tikhon-bernstam) [Titan Capital](https://millionrounds.com/fund/titan-capital) [Rohit Bansal](https://millionrounds.com/fund/rohit-bansal) [Naveen Tewari](https://millionrounds.com/fund/naveen-tewari) [Amit Gupta](https://millionrounds.com/fund/amit-gupta) [Hiro Mashita](https://millionrounds.com/fund/hiro-mashita) [Anand Swaminathan](https://millionrounds.com/fund/anand-swaminathan) [Jeff Huber](https://millionrounds.com/fund/jeff-huber) [Michael R. Sutcliff](https://millionrounds.com/fund/michael-r-sutcliff) Abhay Singhal Jeff Ferguson Punit Soni From a historical funding record ## 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. **Seed** 2015 **Series A** 2015 **Series B** 2018 **Series C** 2019 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Matrix Partners](https://millionrounds.com/fund/matrix-partners) [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) L [Y Combinator](https://millionrounds.com/fund/y-combinator) [Soma Capital](https://millionrounds.com/fund/soma-capital) [Kunal Shah](https://millionrounds.com/fund/kunal-shah) [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) [Ram Shriram](https://millionrounds.com/fund/ram-shriram) [Justin Kan](https://millionrounds.com/fund/justin-kan) [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) ## Everyone who backed them [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **2** rounds [Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm **2** rounds [Ribbit Capital](https://millionrounds.com/fund/ribbit-capital) VC firm **1** round, led 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round [Soma Capital](https://millionrounds.com/fund/soma-capital) VC firm **1** round [Kunal Shah](https://millionrounds.com/fund/kunal-shah) Angel **1** round [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners) Corporate VC **1** round [Ram Shriram](https://millionrounds.com/fund/ram-shriram) VC firm **1** round [Justin Kan](https://millionrounds.com/fund/justin-kan) VC firm **1** round [Nikesh Arora](https://millionrounds.com/fund/nikesh-arora) VC firm **1** round [Tikhon Bernstam](https://millionrounds.com/fund/tikhon-bernstam) Angel **1** round [Titan Capital](https://millionrounds.com/fund/titan-capital) Family office **1** round [Rohit Bansal](https://millionrounds.com/fund/rohit-bansal) Angel **1** round [Naveen Tewari](https://millionrounds.com/fund/naveen-tewari) Angel **1** round [Amit Gupta](https://millionrounds.com/fund/amit-gupta) Angel **1** round [Hiro Mashita](https://millionrounds.com/fund/hiro-mashita) Angel **1** round [Anand Swaminathan](https://millionrounds.com/fund/anand-swaminathan) Angel **1** round [Jeff Huber](https://millionrounds.com/fund/jeff-huber) Angel **1** round [Michael R. Sutcliff](https://millionrounds.com/fund/michael-r-sutcliff) Angel **1** round Abhay Singhal no record of our own yet **1** round Jeff Ferguson no record of our own yet **1** round Punit Soni no record of our own yet **1** round Y Combinator/ Matrix no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=razorpay). ## 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 Capital](https://millionrounds.com/fund/alkeon-capital) VC firm Per its own site [VestedVC](https://millionrounds.com/fund/vestedvc) VC firm Per its own site [Brad Flora](https://millionrounds.com/fund/brad-flora) Angel Per its own site [Locus Ventures](https://millionrounds.com/fund/locus-ventures) VC firm Per its own site [AIC - SMU Technology Business Incubator](https://millionrounds.com/fund/aic-smu-technology-business-incubator) Incubator Per 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. ## Companies like Razorpay In the same sector, and raised in the last eighteen months. [**RocketPay** $1.1M · Oct 2026](https://millionrounds.com/company/rocketpay)[**NeoGrowth** $99M · Oct 2026](https://millionrounds.com/company/neogrowth)[**StockGro** $28M · Oct 2026](https://millionrounds.com/company/stockgro)[**Jeeves** $210M · Sept 2026](https://millionrounds.com/company/jeeves)[**Kissht** $97M · Sept 2026](https://millionrounds.com/company/kissht)[**Navi** $100M · Aug 2026](https://millionrounds.com/company/navi) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app