Razorpay is a full-stack payments and banking service for businesses . The Economic Times ET Startup Awards 2022 was presented to a startup that has demonstrated innovation, disruption, and emerged as one of the countrys fastest-growing businesses .
At the 6th The Economic Times ET Startup Awards 2022, Razorpay, India's leading full-stack payments and banking service for businesses, has been named Startup of the Year.The accolade was presented to a startup that has demonstrated innovation, disruption, and emerged as one of the country's fastest-growing businesses.Honorable Union Cabinet Ministers Piyush Goyal and Ashwini Vaishnaw, as well as Karnataka Chief Minister Basavaraj S Bommai, presented the award in 2016.The Economic Times launched the Startup Awards in 2016 to further its commitment to promoting the country's spirit of innovation and young leadership.Razorpay was chosen Startup of the Year by the jury, led by Infosys CEO & MD Salil Parekh.Razorpay CEO & Co-founder Harshil Mathur said of his company's dedication to disrupting the status quo time and time again, saying, You become a force to be reckoned with.The Indian startup scene has been an illustrious proof of this dedication, having played a vital role in ensuring a stable and growing economy like ours.Razorpay's story has been no different. In addition, this makes us accountable for continuing to set higher goals for construction, innovation, and beyond.The road ahead is so exciting, thanks to a mindset of radical innovation, according to Shashank Kumar, Managing Director and Co-founder of Razorpay.I am transported back to the first 100 days of building Razorpay from the ground up with Harshil, who was delighted with the award.In the last 8 years, we have come a long way, assisting 8 million merchants in re-establishing their businesses with a tech-first mindset. We started with the intention of making a difference in India's financial ecosystem, but every company, small, medium, or large, feels the ripples that we have created by powering disruptive businesses in the country's farthest corner.Razorpay is at the forefront of every disruption that the industry has seen, and our aim remains the same: to help more businesses focus on their growth.With almost every transaction happening in the virtual world, it is crucial that businesses provide seamless, hassle-free payment experiences for their clients in the offline and online world.Razorpay is a full-service financial services company that supports Indian businesses throughout the lifecycle of their payment and banking journeys by keeping this and the fast-evolving regulatory landscape in mind, ensuring that businesses are always on the lookout for everything payments and banking. Razorpay is the second Indian company to be part of Silicon Valleys largest tech accelerator, Y Combinator, founded by alumni of IIT Roorkee, Shashank Kumar and Harshil Mathur.Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Sequoia Capital India, Ribbit Capital, Salesforce Ventures, and MasterCard have invested a total of USD 741.5 million in Series A, B, C, D, and E funding Razorpay's initiative to improve payments and banking operations and redefine how finance works in India has attracted a few angel investors.().This report has been published by.