ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments” target=”_blank”>Digital payments company ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/razorpay”>Razorpay has informed its Board of Directors that it has completed the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/reverse-flip” target=”_blank”>reverse flip of its parent entity from the US to India.
According to filings seen by ET, the Regional Director, Southeast Region, for the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/ministry-of-corporate-affairs”>Ministry of Corporate Affairs has approved the merger between Razorpay Inc. and Razorpay software Private Limited, which is based in Bengaluru.
A Razorpay spokesperson confirmed the development.
The company had applied to the regulators for the reverse flip under amended rules, which do not require companies to apply to the…
