Razorpay Completes Its Reverse Flip Process

As part of the restructuring, Razorpay’s Delaware-based entity has now merged with its Indian subsidiary–Razorpay Software India Pvt Ltd

The startup has not yet revealed how much tax they had to cough up to the US government, but was working on its restructuring process to reduce its tax liability

The development comes over a month after the Bengaluru-based startup changed its legal name to ‘Razorpay Software Limited’

Nearing its initial public offering (IPO)…