Tech
Razorpay Kicks Off IPO Prep, Eyes INR 4,500 Cr Fresh Issue
SUMMARY The fintech unicorn has sought bids from merchant bankers, including Kotak Mahindra and Axis Capital, for the public issue The fintech major is also reportedly in talks to raise a pre-IPO round, which will primarily comprise a secondary transaction, to achieve a specific valuation benchmark This comes nearly a year after Razorpay received approval […]
The fintech unicorn has sought bids from merchant bankers, including Kotak Mahindra and Axis Capital, for the public issue
The fintech major is also reportedly in talks to raise a pre-IPO round, which will primarily comprise a secondary transaction, to achieve a specific valuation benchmark
This comes nearly a year after Razorpay received approval from its board to convert into a public entity, and reverse flipped back to India a month later
Fintech major Razorpay
has…
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