{"id":4470,"date":"2024-09-06T06:59:20","date_gmt":"2024-09-06T06:59:20","guid":{"rendered":"https:\/\/razorpay.com\/newsroom\/?p=4470"},"modified":"2024-09-06T06:59:20","modified_gmt":"2024-09-06T06:59:20","slug":"razorpay-honoured-as-one-of-the-few-indian-companies-to-feature-in-forbes-cloud-100-list-2024-joins-global-titans-in-ai-and-cloud-technology","status":"publish","type":"post","link":"https:\/\/razorpay.com\/newsroom\/razorpay-honoured-as-one-of-the-few-indian-companies-to-feature-in-forbes-cloud-100-list-2024-joins-global-titans-in-ai-and-cloud-technology\/","title":{"rendered":"Razorpay Honoured As One of the Few Indian Companies to Feature in \u2018Forbes Cloud 100 List\u2019 2024, Joins Global Titans in AI and Cloud Technology"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">Razorpay features on the list for the third consecutive time, recognized as India\u2019s Pioneer in Cloud and AI Innovation<\/span><\/i><\/p>\n<p><b>INDIA, Bengaluru, 14th August 2024 <\/b><span style=\"font-weight: 400;\">&#8211; In its constant endeavor to build innovative and resilient payment and banking solutions for businesses, <\/span><a href=\"https:\/\/razorpay.com\/\"><b>Razorpay<\/b><\/a><b>,<\/b> <span style=\"font-weight: 400;\">India\u2019s Leading Omnichannel Payments and Banking Platform for Businesses<\/span> <span style=\"font-weight: 400;\">has been <\/span><b>recognised by Forbes as part of the prestigious <\/b><a href=\"https:\/\/www.forbes.com\/lists\/cloud100\/\" target=\"_blank\" rel=\"noopener\"><b>Cloud100 List for 2024<\/b><\/a><span style=\"font-weight: 400;\">. The company has been apprehended for its innovation and leadership in the cloud technology sector and for being one of the <\/span><b>disruptors in the cloud and AI technology revolution globally<\/b><span style=\"font-weight: 400;\">. This places Razorpay amongst world leaders such as OpenAI, Databricks, Canva, Airtable, to name a few. The Fintech giant has entered this distinguished list for the third consecutive time and <\/span><b>this year, the Nasdaq Stock Market in New York City celebrated each Cloud 100 honoree individually on Times Square Tower.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Cloud 100 list recognizes standouts in the technology category from small startups to private-equity-backed giants. A panel of 25 judges, composed of a majority of public cloud CEOs, selected and ranked the top 100 companies using a combination of quantitative and qualitative factors. The evaluation process involved four factors: estimated valuation (30%), operating metrics (20%), people and culture (15%), and market leadership (35%), which the judging panel then weighed to select, score, and rank the winners. This year\u2019s list highlights <\/span><b>companies that have effectively harnessed the power of AI <\/b><span style=\"font-weight: 400;\">and <\/span><b>strategically positioned themselves for potential IPOs,<\/b><span style=\"font-weight: 400;\"> aiming to capitalize on their<\/span><b> growth and market leadership<\/b><span style=\"font-weight: 400;\"> in the near future.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Expressing his excitement on being featured in this prestigious list, <\/span><b>Harshil Mathur, CEO and Co-founder of Razorpay<\/b><span style=\"font-weight: 400;\"> said,<\/span><i><span style=\"font-weight: 400;\"> \u201cBeing featured on the Forbes Cloud 100 list for the third time is an incredible honor for us at Razorpay. To be one of the few Indian companies on this prestigious list is not just a proud moment for us, but <\/span><\/i><b><i>a testament<\/i><\/b> <b><i>to the potential and<\/i><\/b> <b><i>impact of India\u2019s financial technology sector on the global stage. <\/i><\/b><i><span style=\"font-weight: 400;\">Over the years, our relentless focus on building a <\/span><\/i><b><i>business-centric platform has driven our growth,<\/i><\/b><i><span style=\"font-weight: 400;\"> and this recognition reinforces our belief that we are on the right path. We\u2019re more committed than ever to empowering businesses with innovative payment solutions that drive real value and want to continue setting a new benchmark for others to follow. \u201d<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;Hearty congratulations to all the companies across the globe that have made it to this list,\u201d <\/span><\/i><b>he added<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Razorpay believes the Digital P2M Payments market in India will continue to grow exponentially and reach $4 Trillion by 2030!<\/b><span style=\"font-weight: 400;\"> Recognizing the ever-expanding potential for Startups, Freelancer, and Enterprises, the company will continue to invest in building <\/span><b>an intelligent real-time financial infrastructure, supported by next-gen AI technologies to help businesses scale<\/b> <b>and meet their ever-evolving payment and banking needs<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Razorpay features on the list for the third consecutive time, recognized as India\u2019s Pioneer in Cloud and AI Innovation INDIA, Bengaluru, 14th August 2024 &#8211; In its constant endeavor to build innovative and resilient payment and banking solutions for businesses, Razorpay, India\u2019s Leading Omnichannel Payments and Banking Platform for Businesses has been recognised by Forbes<\/p>\n","protected":false},"author":14,"featured_media":4471,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[33,159,160],"class_list":{"0":"post-4470","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-corporate","8":"tag-razorpay","9":"tag-razorpay-forbes","10":"tag-razorpay-forbes-cloud-100"},"modified_by":"Anu Saraswat","_links":{"self":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/comments?post=4470"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4470\/revisions"}],"predecessor-version":[{"id":4472,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4470\/revisions\/4472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/media\/4471"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/media?parent=4470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/categories?post=4470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/tags?post=4470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}