Razorpay
Razorpay

Y Combinator recognises Razorpay among its Top 50 Companies

ANI | Updated: Oct 03, 2019 18:32 IST

<p>Bengaluru (Karnataka) [India] Oct 03 (ANI/NewsVoir): For the second year running, <a href="/search?query=Razorpay">Razorpay</a>, India's First Converged Payments Solution Company, gets recognised by the renowned American startup accelerator, <a href="/search?query=Y Combinator">Y Combinator</a>, in its mega list of top 100 companies for 2019, as sorted by each company's valuation.<br />The top 100 companies have a combined valuation of over USD 155 billion with most of the companies valued at $150 Mn and above. <a href="/search?query=Razorpay">Razorpay</a> was part of <a href="/search?query=Y Combinator">Y Combinator</a>'s winter 2015 batch and is among the three Indian start ups to be featured in this year's list, along with Meesho and Cleartax.<br />In a short span of four and a half years, the company has witnessed massive growth in terms of market share and mind space with their partner businesses and industry peers. This ranking in the top 100 companies is a testimony to the company's culture, and its zeal to make a positive difference in the ecosystem.<br />"<a href="/search?query=Y Combinator">Y Combinator</a> is the accelerator behind groundbreaking and innovative start ups. We were the second Indian company to be a part of YC, <a href="/search?query=Silicon Valley">Silicon Valley</a>'s largest tech accelerator and that's how our journey began since 2015. To be ranked in this prestigious list for the second time in a row is a reassurance that we are headed in the right direction, doing the right thing in the right way. We started off with a hope to make some difference in India's financial ecosystem, but today, the dent we've created by powering disruptive businesses with intelligent technology only excites us to reach newer heights," said Harshil Mathur, CEO and Co-founder, <a href="/search?query=Razorpay">Razorpay</a>.<br />Well-known for its transparent work culture and enthusiastic team members, <a href="/search?query=Razorpay">Razorpay</a> has been charting an exponential growth since its inception. Having evolved from being a single product company to a multi-product company, <a href="/search?query=Razorpay">Razorpay</a> has achieved 500 per cent growth in the last one year and currently powers digital payments for 3,50,000 businesses.<br />The company aims to double headcount by next year and expects a 5x growth in its revenue by the end of the next fiscal year. <a href="/search?query=Razorpay">Razorpay</a> raised $75 million in Series-C, co-led by Sequoia India and Ribbit Capital; the company has raised over $105 million in total funding until now.<br />This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)<br /></p>
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