{"id":11007,"date":"2023-01-30T10:56:54","date_gmt":"2023-01-30T05:26:54","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=11007"},"modified":"2025-03-05T09:51:04","modified_gmt":"2025-03-05T04:21:04","slug":"forex-without-the-fuss-with-razorpayx","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/forex-without-the-fuss-with-razorpayx\/","title":{"rendered":"New Service Alert: Get hassle-free Forex with RazorpayX"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Dear founder,\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What&#8217;s common between you &amp; RazorpayX?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We both love what you do \ud83d\ude09<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That is why all of us at RazorpayX keep looking for ways to make your banking (&amp; life) easier.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, when 9 out of 10 founders we met, told us that forex funding inflow is slow, complicated &amp; expensive. We knew we had to do something!\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The solution: <\/span><b>RazorpayX Forex\u00a0<\/b><\/p>\n<h2><b>What is RazorpayX Forex?\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Imagine a world where you can get foreign capital transferred to India seamlessly with all the paperwork taken care of.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sounds too good to be true?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, this latest offering by RazorpayX enables founders to do just that. Get foreign funding transferred to India with utmost transparency and 100% compliance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the current process of managing funding inflow is time-consuming &amp; stressful, RazorpayX brought in funding &amp; forex experts to help founders deal with all compliance &amp; regulatory issues to provide a service that doesn&#8217;t just deliver but delights.\u00a0<\/span><\/p>\n<h2><b>Why choose RazorpayX Forex?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Most founders feel overwhelmed with the task at hand and for good reason. As:\u00a0<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A single mistake in the complicated paperwork can lead to funding delays and heavy fines.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The entire process involves multiple intermediaries &amp; is extremely slow &amp; anxiety-inducing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The lack of transparency with multiple pre &amp; post-transaction charges &amp; the hefty bill at the end leaves much to be desired during the whole experience.\u00a0\u00a0<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Razorpay\u2019s own journey of raising several rounds of funding &amp; facing such complications served as an inspiration behind the inception of our forex service.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We understand the responsibility of bringing hard-raised money to India and pride ourselves on being a strong ally to founders. This makes our approach different from the usual service providers. We focus on client success and take a consultative approach towards all their forex requirements. Whether it is bringing FDI to India, inward remittance, <a href=\"https:\/\/razorpay.com\/blog\/what-is-invoice\/\">invoice<\/a> transfers for service payments or any external commercial borrowing, our experts work with you every step of the way.\u00a0<\/span><\/p>\n<h2><b>The RazorpayX Advantage:<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Until now, founders had to deal with a broken system for forex. Here\u2019s how RazorpayX is changing it:\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11008 size-full\" src=\"https:\/\/d6xcmfyh68wv8.cloudfront.net\/blog-content\/uploads\/2023\/01\/table.png\" alt=\"RazorpayX forex\" width=\"1937\" height=\"1106\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/table.png 1937w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/table-300x171.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/table-1024x585.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/table-768x439.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/table-1536x877.png 1536w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/table-900x515.png 900w\" sizes=\"auto, (max-width: 1937px) 100vw, 1937px\" \/><\/p>\n<p><b>The Result:\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Within the first 3 months of its beta launch, RazorpayX Foreign Services successfully brought 100 Cr forex funds back to India.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">During this time, we\u2019ve served clients like Virohan, Tortoise, Coupl, Shopflo, Phyllo, Appseco, Laundryheap, Farmacko, and Baazarnxt amongst others. Here\u2019s what some of them had to say about the overall experience:\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-11010 size-large\" src=\"https:\/\/d6xcmfyh68wv8.cloudfront.net\/blog-content\/uploads\/2023\/01\/Screenshot-2023-01-23-at-1.51.54-PM-1024x594.png\" alt=\"\" width=\"1024\" height=\"594\" srcset=\"https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/Screenshot-2023-01-23-at-1.51.54-PM-1024x594.png 1024w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/Screenshot-2023-01-23-at-1.51.54-PM-300x174.png 300w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/Screenshot-2023-01-23-at-1.51.54-PM-768x446.png 768w, https:\/\/blog.razorpay.in\/wp-content\/uploads\/2023\/01\/Screenshot-2023-01-23-at-1.51.54-PM-1536x892.png 1536w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Founders, now that we\u2019ve fixed forex for you, raise that funding with confidence!\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">And remember if you are looking for forex experts, we\u2019re just one email away.\u00a0<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">Write to us at forex-hq@razorpay.com<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">On that note, cheers to a successful new year!\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 100%; height: 0; padding-bottom: 56%; position: relative;\"><iframe loading=\"lazy\" class=\"giphy-embed\" style=\"position: absolute;\" src=\"https:\/\/giphy.com\/embed\/BPJmthQ3YRwD6QqcVD\" width=\"100%\" height=\"100%\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<p><a href=\"https:\/\/giphy.com\/gifs\/HBOMax-hbomax-the-great-gatsby-2013-thegreatgatsbyonhbomax-BPJmthQ3YRwD6QqcVD\" rel=\"nofollow noopener\" target=\"_blank\">via GIPHY<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear founder,\u00a0 What&#8217;s common between you &amp; RazorpayX? We both love what you do \ud83d\ude09 That is why all of us at RazorpayX keep looking for ways to make your banking (&amp; life) easier.\u00a0 So, when 9 out of 10 founders we met, told us that forex funding inflow is slow, complicated &amp; expensive. We<\/p>\n","protected":false},"author":107,"featured_media":11213,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[414,413],"class_list":{"0":"post-11007","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking","8":"tag-forex","9":"tag-razorpayx-forex"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/107"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=11007"}],"version-history":[{"count":2,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11007\/revisions"}],"predecessor-version":[{"id":21261,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/11007\/revisions\/21261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/11213"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=11007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=11007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=11007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}