Business-focused payment gateway and neo banking platform Razorpay has raised $375 million in its Series F round led by Lone Pine Capital, Alkeon Capital and TCV.
This is the second round of funding for the Bengaluru-based company this year which scooped up $160 million in Series F led by Singapore’s sovereign wealth fund GIC and Sequoia India in April. According to the company, it has reached a valuation of $7.5 billion in the fresh financing from $3 billion in the previous one.
