Gearing Up For IPO, Razorpay Converts Into Public Entity

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SUMMARY

Razorpay got the approval of its members during an EGM held on March 27 to change its name to ‘Razorpay Public Limited’ from ‘Razorpay Software Private Limited’

While the startup has no immediate plans for IPO, the conversion is a step in preparation for the public listing

Razorpay is also in the process of moving its base to India, and said that the regional director of the MCA in Hyderabad cleared the merger of Razorpay Inc with Razorpay India in February

Fintech unicorn Razorpay has converted into a public…



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Gearing Up For IPO, Razorpay Converts Into Public Entity


SUMMARY

Razorpay got the approval of its members during an EGM held on March 27 to change its name to ‘Razorpay Public Limited’ from ‘Razorpay Software Private Limited’

While the startup has no immediate plans for IPO, the conversion is a step in preparation for the public listing

Razorpay is also in the process of moving its base to India, and said that the regional director of the MCA in Hyderabad cleared the merger of Razorpay Inc with Razorpay India in February

Fintech unicorn Razorpay has converted into a public…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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