🚀 Business & Startups🇮🇳 India
Razorpay Files Confidential IPO Papers to Raise $600 Million
Inc42 Media·Monday, 15 June 2026
Fintech giant Razorpay has filed its draft red herring prospectus (DRHP) for an IPO through the confidential route, aiming to raise $600 million. The confidential filing means the documents are submitted to regulators but not yet made public. This is a major milestone for one of India's most valuable fintech startups.
Why It Matters
Razorpay powers payments for lakhs of Indian businesses and merchants. Its IPO would be one of the biggest fintech listings in India's recent history.
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