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Digital payments co RazorPay in talks to raise $100-M from Lightspeed, others

Economic Times  

Bengaluru-based Digital payments major Razorpay is stitching together a USD 80-100 million secondary share sale transaction, which will see new investors including Lightspeed Venture Partners join the company's cap table. The startup's angel investors, employees and some other investors are offloading shares. Razorpay had raised over USD 740 million from GIC, Tiger Global, Sequoia Capital and others. It was valued at USD 7.5 billion after a USD 375 million funding round in December last year.