Razorpay confidentially files IPO papers with Sebi (opens original article in a new tab)

Razorpay, a fintech company, has confidentially filed IPO papers with Sebi, aiming to raise $600-700 million with a valuation of $5-6 billion, down from its peak of $7.5 billion.

• Fintech firm Razorpay has confidentially filed for an initial public offering (IPO)
• Razorpay aims to raise between $600 million and $700 million with a valuation of $5-6 billion
• The company's valuation is lower than its peak of $7.5 billion from four years ago