100 bankers said no to Razorpay before one finally backed it

Date posted: Monday 23 April 2018

Before Harshil Mathur and Shashank Kumar started their payment gateway platform Razorpay, they had to hear the word ‘no’ from 100 bankers.  With $20 million in funding in a recent round, primarily from Tiger Global, they plan to double their 150-member team this year. The company has grown 1200% in terms of revenue in the past year and processes around eight lakh transactions daily.

(ET Tech)