Razorpay has announced its fourth and largest liquidity event for Employee Stock Ownership Plan (ESOP) for $75 million.
The B2B payments and banking platform have an employee base of nearly 2,400 people, of which nearly 1,940 employees hold ESOPs.
Over the last year, the Bengaluru-based fintech unicorn claimed to have grown over 300 percent. It aims to reach $90 billion in total payment value by the end of 2022.
Razorpay—which also offers neo banking solutions to businesses—expects to grow its merchant base from eight million to 10 million by 2022.