Razorpay To Soon File Confidential DRHP To Raise $600-$700 Mn: Report
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Fintech unicorn Razorpay is preparing to file its DRHP via the confidential route in the next few weeks.
As per an ET report, the company is planning to raise $600 Mn to $700 Mn (around ₹4,980- ₹5,810 Cr) at a valuation of $5 Bn to $6 Bn, lower than its last private valuation of $7.5 Bn.
Razorpay declined to comment on Inc42’s queries on its IPO plans.
The development comes months after it was reported that Razorpay shortlisted four investment bankers – Axis Capital, Kotak Mahindra Capital, J
As per an ET report, the company is planning to raise $600 Mn to $700 Mn (around ₹4,980- ₹5,810 Cr) at a valuation of $5 Bn to $6 Bn, lower than its last private valuation of $7.5 Bn.
Razorpay declined to comment on Inc42’s queries on its IPO plans.
The development comes months after it was reported that Razorpay shortlisted four investment bankers – Axis Capital, Kotak Mahindra Capital, J
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