Razorpay set to be unicorn with up to $150 Mn round led by GIC


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Business-focused payment gateway and neo banking platform Razorpay is in advanced talks with Singapore’s GIC and existing investors to raise up to $120-150 million in a fresh round, said three sources aware of the details of the transaction. This would be the maiden round for the Bengaluru-based company in 2020. It raised $75 million led by Ribbit Capital in June last year.