Shashank Kumar Profile picture
Founder @Razorpay | IIT Roorkee Alumnus | Aiming to digitise Indian economy and businesses | Join us: shashank@razorpay.com
Dec 20, 2021 9 tweets 3 min read
Happy to share, we at @Razorpay have raised $375Mn in our largest round till date at a valuation of $7.5B. This round is led by TCV, Lone Pine and Alkeon Capital and with participation of our existing investors including YC, GIC, Tiger, Sequoia etc.

techcrunch.com/2021/12/19/ind… Being an entrepreneur isn't easy. From payments to credit, payroll to taxation & compliance, etc. there is a lot that a business needs to handle. Every financial process takes the founder away from just focusing on serving their customers and growing their own business.
Oct 1, 2021 13 tweets 4 min read
Starting today, @RBI new set of guidelines will become applicable for recurring payments via cards.
As the industry moves to the new standard, here is my take the new rules 1/n Till date, rules on recurring payments via cards were not clear. Recurring payments worked on credit cards but not on debit cards. There are 900 million debit cards that are now eligible for supporting recurring payments under the new guidelines. 2/n