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Razorpay Files Confidential IPO at $5, 6 Billion

Razorpay is set to confidentially file IPO papers in the coming weeks, targeting $600, 700 million at a $5, 6 billion valuation. That is a significant cut from its peak of $7.5 billion, reflecting broader startup valuation corrections. The issue will include a mix of fresh shares and secondary sales.

Razorpay Eyes IPO at $5, 6 Billion, Below Last Valuation

Razorpay is targeting a confidential IPO filing in India, seeking $600, 700 million at a $5, 6 billion valuation, down sharply from its $7.5 billion private mark. The listing faces scrutiny on growth sustainability and profitability, with peer PhonePe having paused its $1.3 billion IPO last month over West Asia conflict

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Razorpay Eyes $700 Million IPO at $5, 6 Billion Valuation via Confidential Filing

Razorpay is set to confidentially file IPO papers in the coming weeks, targeting $600, 700 million at a $5, 6 billion valuation. That is a significant cut from its peak of $7.5 billion, reflecting broader startup valuation corrections. The issue will include a mix of fresh shares and secondary sales.

2mo ago · 1 min · Markets

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