{"id":12321,"date":"2023-04-18T10:04:27","date_gmt":"2023-04-18T04:34:27","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=12321"},"modified":"2025-10-16T11:01:43","modified_gmt":"2025-10-16T05:31:43","slug":"razorpay-sets-up-advisory-board","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/razorpay-sets-up-advisory-board\/","title":{"rendered":"Razorpay sets up Advisory Board to build industry-first practices in innovation and corporate governance"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">We live in a dynamic country of evolving, exciting possibilities. At Razorpay, we are aware that we operate in an equally dynamic fintech environment. To adapt to this ever-changing world, it is imperative that we are future-ready and agile. We are, therefore, constantly looking for ways to enhance every aspect of our existence \u2013 be it customer experience, product innovation or corporate governance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We believe that one way of doing this is to seek the counsel of the wise \u2013 or, in our universe, guidance and strategic inputs from veterans of the finance, banking and regulatory industries. It is with this in mind that <strong>we at <\/strong><\/span><b>Razorpay have set up an Advisory Board of thought leaders and distinguished industry veterans<\/b><span style=\"font-weight: 400;\">. This underlines our commitment to customer-centricity and good governance.\u00a0<\/span><\/p>\n<h2>The Advisory Board and its vision<\/h2>\n<p><b>The Founding Independent Members of the newly formed Advisory Board include<\/b> <b>stalwarts from across various fields:\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\">Gopalaraman Padmanabhan &#8211; Former Executive Director, Reserve Bank of India<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Arijit Basu &#8211; Chairman, HDB Financial Services &amp; Former MD, State Bank of India\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">K. P. Krishnan &#8211; IAS (Retd.) &amp; Former Secretary, Ministry of Skill Development and <a href=\"https:\/\/razorpay.com\/learn\/what-is-entrepreneurship\/\">Entrepreneurship\u00a0<\/a><\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Board has been founded with the <\/span><b>singular vision of establishing the highest standards in customer-experience, corporate governance and risk and compliance in the Indian fintech industry<\/b><span style=\"font-weight: 400;\">. It will also help <\/span><b>contribute to the development of Razorpay\u2019s payment infrastructure and help engage with key institutions and stakeholders<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 500;\">All the members of the Advisory Board will periodically convene to review, analyse and provide recommendations and directions on both strategic and tactical levels.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><b>key subject areas<\/b><span style=\"font-weight: 400;\"> for the Advisory Board will be:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accelerating product innovation around Customer Experience &amp; Customer Safety<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Building the best-in-class practices for Regulatory &amp; Compliance management processes\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Working with various stakeholders to enhance Risk Monitoring and Cybercrime Prevention<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Building new processes around digital information security that will help shape the future of the fintech ecosystem\u00a0<\/span><\/li>\n<\/ul>\n<h2>Building the highest standards in customer-experience and good governance<\/h2>\n<p>\u201cIndia\u2019s fintech ecosystem is at a crucial juncture in its evolution,&#8221; notes <strong>Razorpay CEO &amp; Co-Founder, Harshil Mathur<\/strong>. &#8220;With India serving as a benchmark for several nations today, it is pertinent that companies like ours are future-ready and agile to adapt to the ever-changing fintech environment,&#8221; he says.<\/p>\n<blockquote class=\"modern-quote\"><p>The last 8 years at Razorpay have been exceptionally great, we\u2019ve had the privilege of serving and solving for over 10Mn businesses. Now in our next phase of growth as India\u2019s leading end-to-end money movement platform for businesses, <strong>we have a strong intent to put in place further systems to uphold the highest standards of customer-experience and governance<\/strong>.<\/p>\n<p>And to help build that, we are more than thankful and honoured for the support and trust we have received from all the members of the Advisory Board. <strong>There is a tremendous opportunity to learn from each of these industry veterans<\/strong>. We believe that with their strategic inputs, knowledge and guidance along with our commitment to innovation, customer-centricity and good governance, Razorpay is sure to build best practices in the fintech industry that will aid us in sound decision making.<\/p>\n<p><cite>Harshil Mathur, Razorpay CEO &amp; Co-Founder\u00a0<\/cite><\/p><\/blockquote>\n<p><span style=\"font-weight: 400;\">The Advisory Board will assist Razorpay <\/span><b>in developing long-term strategies, anticipating challenges and suggesting mitigation measures<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At Razorpay, our focus is on building the financial backbone for Indian businesses. We have the privilege of serving over 10 million businesses and remain committed to ensuring the safety of our merchants and their consumers, both offline and online. We acknowledge that we\u2019re operating in a rapidly evolving fintech environment but we will do whatever it takes to be ready for the future and build an end-to-end money movement platform <\/span><span style=\"font-weight: 400;\">that enables exponential growth for Indian businesses<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We live in a dynamic country of evolving, exciting possibilities. At Razorpay, we are aware that we operate in an equally dynamic fintech environment. To adapt to this ever-changing world, it is imperative that we are future-ready and agile. We are, therefore, constantly looking for ways to enhance every aspect of our existence \u2013 be<\/p>\n","protected":false},"author":86,"featured_media":24591,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[69],"tags":[484],"class_list":{"0":"post-12321","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-razorpay-stories","8":"tag-advisory-board"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/12321","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\/86"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=12321"}],"version-history":[{"count":6,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/12321\/revisions"}],"predecessor-version":[{"id":24592,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/12321\/revisions\/24592"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/24591"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=12321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=12321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=12321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}