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Fintech unicorn Razorpay plans to raise $200 Mn Ffom GIC, others at $2 Bn valuation

Shortpedia

Content Team
Image Credit: shortpedia

Bengaluru-based payments gateway Razorpay, which entered the unicorn club last October, is now looking to raise another $150 Mn-$200 Mn funding at a valuation of $2 Bn. The company is currently in talks with existing investors, including sovereign investment fund Singapore Investment Corporation (GIC), Tiger Global and Sequoia Capital. Razorpay was valued at $1 Bn in October 2020, after it raised $100 Mn in a Series D funding round