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𝗚𝗲𝗻𝘇 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝗶𝗮𝗹 𝘀𝘁𝗼𝗿𝘆 𝘀𝗲𝗿𝗶𝗲𝘀: 𝗖𝗵𝗮𝗽𝘁𝗲𝗿 8 𝗥𝗮𝘇𝗼𝗿𝗽𝗮𝘆: Founded in 2014 by Harshil Mathur and Shashank Kumar, IIT Roorkee graduates in their early 20s. Idea came when they faced difficulty integrating a simple online payment system for a project and saw a huge gap in India’s digital payments space. Goal was to create a developer-friendly payment gateway where businesses could start accepting payments with just a few lines of code. Solved the pain of long merchant onboarding—reduced approval time from weeks to just minutes. Faced over 100 investor rejections and heavy regulatory barriers in the early days before gaining trust from banks. Selected for Y Combinator Winter 2015 batch, becoming one of the first Indian startups to enter the program, and received $120K seed funding. Expanded from a payment gateway to a full-stack financial platform: Razorpay Payment Gateway – accept online payments via cards, UPI, and wallets. RazorpayX – neobank solution for salary payouts, vendor payments, and automated business banking. Razorpay Capital – instant working capital loans for startups and small businesses. Serves 10+ million businesses including Zomato, Ola, Swiggy, Shopify, Facebook, and more. Processes billions of transactions annually with a focus on speed, security, and reliability. Raised over $800 million from investors like Sequoia, Tiger Global, and GIC. Achieved unicorn status in 2020 and reached a valuation of $7.5+ billion by 2023. Empowered startups, SMEs, freelancers, and creators by making digital payments easy and accessible across India. Represents Gen Z’s risk-taking, tech-first, and problem-solving mindset, building a modern financial backbone for India’s digital economy.