Reverse Flip

Razorpay flips back to India at a $150 million cost

Razorpay flips back to India at a $150 million cost

29 May 2025, 17:00 PM

The development comes weeks after Razorpay officially restructured itself into a public limited company, a key step toward its anticipated IPO.

Razorpay converts into public entity amidst reverse flipping back to India

Razorpay converts into public entity amidst reverse flipping back to India

20 Apr 2025, 20:55 PM

This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.

Exclusive: Pine Labs gets NCLT nod for reverse merger

Exclusive: Pine Labs gets NCLT nod for reverse merger

10 Apr 2025, 11:10 AM

On April 9, the NCLT sanctioned the scheme of amalgamation between Pine Labs Private Limited (India) and Pine Labs Limited (Singapore).

Groww’s valuation falls below $2 billion due to domicile shift back to India

Groww’s valuation falls below $2 billion due to domicile shift back to India

21 Nov 2024, 18:44 PM

If a report is to be believed then Razorpay - which is also planning to move its domicile to India - may see a similar 30-40% cut in fair market value.

Fintech Hightlights

  1. PayU appoints former RBI deputy governor, others to board

  2. Zerodha's NBFC unit posts Rs 36 crore revenues, Rs 12.5 crore net profit for FY25

  3. OfBusiness' lending unit Oxyzo posts increase in FY25 revenue, profit

  4. PayPal, Worldline get RBI approval to operate as cross-border PA

  5. MSME lender Saarathi Finance raises Rs 350 crore in funding
  6. Read more highlights...

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  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

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