Razorpay, founded in 2014 by Harshil Mathur and Shashank Kumar, is a Bengaluru-based B2B fintech company that provides end-to-end digital payment infrastructure for businesses, enabling them to accept, process, and disburse payments through UPI, cards, net banking, and wallets. Over time, it has evolved into a full-stack financial platform offering payment gateways, business banking (RazorpayX), lending solutions (Razorpay Capital), and value-added SaaS tools like payroll, subscriptions, fraud detection, and analytics. The company earns revenue through transaction fees, SaaS subscriptions, lending partnerships, and hardware services, while benefiting from India’s rapidly growing digital payments ecosystem. With over 12 million merchants, $210 billion TPV, and strong traction in Tier-2 and Tier-3 markets, Razorpay has built a scalable and sticky platform. Financially, it reported ₹3,783 crore revenue in FY25 (up 65% YoY) but remains loss-making due to expansion and restructuring costs, ...