Y-Combinator Recognises Razorpay as the Only Indian Enterprise to Seem in Leading 15 Breakthrough World-wide Providers Listing
Razorpay, India’s Primary Entire-Stack Payments and Banking Platform for Enterprises, has ranked #11 in Y-Combinator’s Breakthrough Companies 2023 Record, producing it the only Indian company to attribute in the Prime 15 assortment. Y-Combinator’s Breakthrough Organizations List recognises trailblazing organizations on a world-wide scale, and charts their major advancement trajectories. It showcases 40 significant-development organizations from throughout the entire world, highlighting them as innovators in their respective areas. Also, Razorpay has ranked #10 in Y-Combinator’s Top rated Personal Organizations 2023 Listing, cementing its position amid world behemoths these as DoorDash, Coinbase, and Stripe.
Y-Combinator Recognises Razorpay as the Only Indian Corporation to Appear in Prime 15 Breakthrough World-wide Firms Listing
Y-Combinator (YC) is an American Startup Accelerator that has funded in excess of 4000 groundbreaking commence-ups throughout the world like Reddit, GitLab, Airbnb, and Twitch, considering the fact that its inception in 2005. Each year, YC consolidates a listing of superior-expansion providers which have acquired substantial additional financial commitment from YC. The startups are divided mainly into four lists, particularly YC’s leading Breakthrough, Private, Public, and Exited organizations. YC’s Major Corporations are primarily headquartered in nations this kind of as the United States, India, United Kingdom, among other individuals.
Commenting on being showcased in this coveted listing, Shashank Kumar, MD and Co-founder, Razorpay mentioned, “We are elated and honored to be recognised as the only Indian company in the Prime 15 Breakthrough Companies Record. Its a humbling second for us at Razorpay to be highlighted together with some of the most progressive and prosperous firms throughout the entire world. Y-Combinator has constantly believed in our vision because the starting and were thankful for their continued assist and having played a essential purpose in our progress. Ended up dedicated to generating a variation by changing how finance has been carried out ordinarily in India and making a environment-class product or service that powers modest firms to disrupt and scale.”
“This recognition motivates us to proceed functioning to that goal and make a optimistic impact on Indias money ecosystem,” he included.
Razorpay has witnessed an uptick in progress, and continues to rely on its technological innovation and products-centric technique to offer progressive answers that are aimed at bridging gaps in the sector. The position in YC’s Breakthrough List, as well as Leading Firms Listing for the 2nd time in a row is a testomony to the firm’s influence-driven culture.
About Razorpay
Razorpay, a complete-stack fiscal providers company assists Indian businesses with in depth and impressive answers designed over robust technological know-how to address the complete duration and breadth of the payment and banking journey for any organization. Founded in 2014, the enterprise delivers know-how payment answers to in excess of 8Mn companies. Founded by alumni of IIT Roorkee, Shashank Kumar and Harshil Mathur, Razorpay is the second Indian company to be a element of Silicon Valley’s greatest tech accelerator, Y-Combinator. Marquee investors these as Lone Pine Funds, Alkeon Money, TCV, GIC, Tiger International, Sequoia Capital India, Ribbit Capital, Matrix Partners, Salesforce Ventures, Y-Combinator and MasterCard have invested a complete of $741.5 Mn via Series A to F in funding. A handful of angel buyers have also invested in Razorpay’s mission to simplify payments and banking and redefine how finance functions in India.