Innovating India: How Razorpay Turned into a 1 Billion Dollar Company
India Today gets you the innovators who are making India better. In today's episode, we spoke to Harshil Mathur, Co-Founder CEO of Razorpay. Razorpay, the digital payment gateway has become the latest fintech unicorn i.e. it has raised 100-million-dollar funding in its latest funding round. Harshil Mathur, says that the company aims to double its merchant base to 10 million small and medium businesses by the end of the year. Mathur says the six-year-old company, founded by him and fellow Indian Institute of Technology (IIT) Roorkee alumni, Shashank Kumar, has seen accelerated growth in the last few months despite the pandemic, as more businesses opt for digital services. But Razorpay's inception was not as easy as it seems, Harshil Shashank both faced 100 rejections before getting their first investment. Watch the video to know its story.