Indian payment gateway platform led by Harshil Mathur Payment for knife has been included in the Forbes Cloud 100 for 2024 list. This is the company’s third consecutive appearance on the Forbes list of the top 100 private cloud computing companies. companies in the world. The list was published on August 6, 2024.
Razorpay remains the only Indian company to appear on the list, alongside global AI giants like Open AIDatabricks, Stripe and Canva.
“For us at Razorpay, being featured on the Forbes Cloud 100 list for the third time is an incredible honor. Being the only Indian “For a company to make it to this prestigious list is not just a proud moment for us but a testament to the potential and impact of India’s fintech sector on the global stage,” said Harshil Mathur, CEO and co-founder of Razorpay.
Razorpay is ranked 70th on Forbes Cloud List of 100 companies, which highlights companies that are AI challengers and stand out in the fintech industry.
He pay The access company has nearly 3,300 employees and has raised close to $742 million in funding across its Series A to Series F rounds, according to the listing. Razorpay raised money from investors including Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Sequoia, Capital India, Ribbit Capital, Matrix Partners, Salesforce Ventures, Y Combinator and MasterCard.
Companies appearing on the list have received funding from Bessemer Venture Partners and Sales force Ventures and the company data collected for the list was compiled with their assistance, in accordance with Forbes’ list methodology.
“The evaluation process involved four factors: estimated valuation (30 percent), operational metrics (20 percent), people and culture (15 percent) and market leadership (35 percent), which the jury panel They were then weighed to select, score and rank the winners,” PTI reported, citing a Newsvoir press release.
What’s next for Razorpay?
Razorpay estimates that the P2M digital payments industry in India will continue to grow and reach $4 trillion by 2030, according to the press release.
“Recognizing the ever-expanding potential for startups, freelancers and large enterprises, the company will continue to invest in building a real-time intelligent financial system. infrastructure“Supported by cutting-edge artificial intelligence technologies to help businesses scale and meet their ever-evolving banking and payments needs,” the company said in the statement.
Payment for knife is a privately held startup co-founded by Harshil Mathur and Shashank Kumar. This year’s list highlights companies that have harnessed the power of AI and strategically positioned themselves for potential IPOs and market leadership.
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