2024 is a milestone year for Razorpay.
Over the past decade, what began as a single-product payment gateway has grown into a thriving financial ecosystem. Today, Razorpay empowers millions of businesses to handle every aspect of money movement effortlessly and securely.
As India rises as a global fintech leader, we feel immense pride in being part of this journey, reshaping how businesses collect, manage, and move money. The past decade has been filled with bold ideas, transformative growth, and relentless innovation.
But none of this would have been possible without the incredible team behind it all—the Razors whose passion, grit, and brilliance have been the backbone of our success.
As we celebrate this milestone, we’re thrilled to share this success with the folks who made all of this possible. As a token of our heartfelt gratitude, we are proud to announce that all current employees have been granted ESOPs worth Rs.1 lakh. This initiative embodies our commitment to sharing the success we’ve built together.
We’re beyond grateful for everyone who has been part of this journey – our team – the heart and soul of Razorpay, our customers, investors, advisors, partners, well-wishers and cheerleaders, and the fintech ecosystem. While we’re proud and humbled by how far we’ve come, this 10-year milestone is only the beginning of a much larger journey that lies ahead. The ESOP initiative is our way of ensuring every teammate shares in the success as we continue to innovate, simplify money movement, and create even greater value for businesses in India and beyond. — Harshil Mathur, Co-founder & CEO
Transforming Lives One Payment at a Time
Over ten transformative years, Razorpay has become a trusted partner in reshaping the financial landscape for businesses across India, from startups to enterprises.
Our innovations have bridged gaps across the digital literacy spectrum, radically enhancing the payment experience for millions of end consumers. Whether it’s a boutique managing payments through Razorpay POS, a home-based entrepreneur without a website using payment links, a global exporter using Razorpay to transact in multiple currencies, or an e-commerce giant, Razorpay has become the backbone of businesses across India and beyond.
Today, we facilitate an annualised Total Payment Volume (TPV) of $180 billion, powering millions of businesses and reaching more than 300 million end consumers across India.
And this journey has been powered by bold ideas, relentless innovation, and, above all, the trust of the businesses and people we serve.
Razorpay was never about short-term wins but about building something meaningful over the long term. It reinforced a simple principle: do what adds value to our customers and avoid distractions like chasing trends or short-term optimisations for valuation. This mindset became the foundation of our culture—and it is this culture of long-term thinking and value creation that drives us to recognise and reward our team’s hard work through initiatives like granting ESOPs to all employees. The next chapter promises even more, and I look forward to building it together with our Razors. – Shashank Kumar, Co-founder & MD of Razorpay
Building a Legacy Together
Over the years, Razorpay has not only set benchmarks in fintech innovation but also in fostering a culture of ownership and shared success. From our first ESOP buyback in 2018 to the Rs.75 million buyback in 2022, every milestone has reinforced our commitment to our team.
As we reflect on this decade of transformation, one thing remains clear: Razorpay’s journey has been defined by the people who have made it possible. Every challenge overcome, every bold idea implemented, and every milestone achieved is a testament to the passion and commitment of our Razors.
To every Razor who has been part of this journey—thank you. Your courage, innovation, customer-obsession and relentless pursuit of excellence have made Razorpay what it is today.
The Next Chapter
As we look to the future, we are filled with excitement and optimism. This milestone isn’t an endpoint—it’s a foundation. The next decade holds even greater possibilities, and together, we will continue to innovate, disrupt, and redefine the financial landscape for businesses in India and beyond.
Here’s to the next chapter of shared success and boundless opportunities.
