Gearing Up For IPO, Razorpay Converts Into Public Entity

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…