Company Intelligence Profile

Razorpay Payments Private Limited

The dedicated RBI payment-aggregator entity of the Razorpay group — Razorpay Software Ltd transferred its payment-aggregation business into this company (RBI nod Oct 2025, live 1 Jan 2026) and merged Ezetap into it.

CIN: U62099KA2024PTC188982ActiveRoC-BangaloreConfidence: medium-high — Identity

Last updated 4 August 2026

AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

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Company Identity

Confirmed
Registered nameRazorpay Payments Private Limited
CINU62099KA2024PTC188982
PANAANCR6717K (derived from GSTIN 29AANCR6717K1ZN, which embeds the PAN; positions 3-12). Reliable. NOTE: distinct from group operating company Razorpay Software Ltd's PAN AAGCR4375J.
Status
  • Active (Unlisted, Private Limited Company, Company limited by shares, Non-government)
  • Source: TheCompanyCheck, Tofler, IndiaFilings
Listing
  • Unlisted
  • Wholly-owned subsidiary within the Razorpay group
  • (The group is preparing an India IPO, but the listing vehicle is the holding/operating company, not this PA entity.) Source: IndiaFilings
Incorporated26 May 2024. Source: TheCompanyCheck, Tofler, IndiaFilings (all agree).
ROC
  • RoC-Bangalore (Karnataka)
  • Registration no. 188982
  • Source: IndiaFilings, TheCompanyCheck
Sector (NIC)
  • CIN industry code 62099 → NIC 62099 "Other information technology and computer service activities" (IT/computer/payments services)
  • GST nature of business: "Supplier of Services"
  • NOTE: Tofler mislabels the industry as "Transport and Storage" — inconsistent with CIN code 62099 and treated as a Tofler data error
  • Source: CIN structure
  • KnowYourGST
Registered address
  • First Floor, SJR Cyber, 22, Laskar Hosur Road, Adugodi, Bangalore South, Karnataka, India, 560030
  • Source: TheCompanyCheck, Tofler, IndiaFilings, KnowYourGST (all agree)
Authorized capital
  • ₹2,000 crore (₹20,00,00,00,000)
  • Source: IndiaFilings, Tofler
Paid-up capital
  • ₹1,924.07 crore (₹19,24,06,97,400)
  • Source: IndiaFilings, Tofler, TheCompanyCheck (all agree)
  • The large paid-up capital reflects capital infused by the parent to house the transferred payment-aggregation business and the Ezetap merger

Business Overview

Confirmed
  • Razorpay Payments Private Limited is the ring-fenced, RBI-regulated Payment Aggregator (PA) entity of the Razorpay group
  • As part of an internal restructuring to isolate the RBI-licensed payments business (and ahead of the group's planned India IPO): (1) Razorpay Software Pvt Ltd received RBI approval on 29 Oct 2025 to transfer its Payment Aggregation business to this entity, operationalized 1 Jan 2026; and (2) Ezetap Mobile Solutions Pvt Ltd (Razorpay's offline/POS acquisition) was merged into this company, which is the surviving entity (operationalized ~1 Oct 2025)
  • The company was incorporated 26 May 2024 specifically as this vehicle
  • It therefore houses Razorpay's online + offline payment-aggregation operations under dedicated RBI PA compliance
  • Source: Entrackr/Inc42/ComplianceCalendar coverage of the PA-business transfer and Ezetap merger
  • Razorpay newsroom

Directors & DINs

Confirmed
NameDINRoleAppointed
Harshil Mathur06549915Director & CEO26-05-2024
Shashank Kumar06556746Director & Co-founder26-05-2024
Shivli Katyayan11147550Director10-06-2025

GST & PAN

Confirmed
GSTINStatePANStatus
29AANCR6717K1ZNKarnatakaAANCR6717K (derived from GSTIN 29AANCR6717K1ZN, which embeds the PAN; positions 3-12). Reliable. NOTE: distinct from group operating company Razorpay Software Ltd's PAN AAGCR4375J.-
29AAGCR4375J1ZUKarnatakaAANCR6717K (derived from GSTIN 29AANCR6717K1ZN, which embeds the PAN; positions 3-12). Reliable. NOTE: distinct from group operating company Razorpay Software Ltd's PAN AAGCR4375J.-

Primary GSTIN: 29AANCR6717K1ZN (Karnataka / Bengaluru Urban), registered 02 Jul 2024, Constitution: Private Limited Company, Taxpayer type: Regular, Status: Active, Nature: Supplier of Services. PAN: AANCR6717K. Home state: Karnataka (state code 29). Number of registrations: at least 1 confirmed (Karnataka); additional state registrations not obtained. Source: KnowYourGST, Piceapp. ENTITY-CONFUSION GUARD: do NOT confuse with group co Razorpay Software Ltd GSTIN 29AAGCR4375J1ZU / PAN AAGCR4375J, or Razorpay Technologies Pvt Ltd — those are separate entities.

Funding

Partial / conflicting
  • Not independently venture-funded
  • This is a wholly-owned group subsidiary capitalized by its parent (₹1,924.07 Cr paid-up equity infused to house the PA business + Ezetap merger)
  • External funding rounds and the ~$7.5B valuation / ~$741M raised widely reported for "Razorpay" attach to the group holding/operating company, not to this specific CIN
  • Named funding rounds should be attributed to the group, not this entity
  • Source: reverse-flip/IPO coverage

Shareholding

Partial / conflicting
  • Wholly-owned within the Razorpay group (parent: the group holding/operating company, Razorpay Software Limited, formerly Razorpay Software Private Limited)
  • Exact share-register percentages not obtained at this entity level
  • Source: restructuring coverage; inference from group-subsidiary structure
  • Marked partial

Competitors

Confirmed
PayU India
Prosus-owned
PhonePe Payment Gateway
large
Paytm / One97 Communications
Paytm Payment Gateway (large, listed)
Cashfree Payments
mid
CCAvenue / Infibeam Avenues
mid, listed
Pine Labs
large, offline+online
Stripe India
global

Frequently Asked Questions

What does Razorpay Payments Private Limited do?
The dedicated RBI payment-aggregator entity of the Razorpay group — Razorpay Software Ltd transferred its payment-aggregation business into this company (RBI nod Oct 2025, live 1 Jan 2026) and merged Ezetap into it.
What is the CIN of Razorpay Payments Private Limited?
The Corporate Identification Number (CIN) of Razorpay Payments Private Limited is U62099KA2024PTC188982.
Where is Razorpay Payments Private Limited registered?
Razorpay Payments Private Limited is registered with RoC-Bangalore (Karnataka). Registration no. Registered address: First Floor, SJR Cyber, 22, Laskar Hosur Road, Adugodi, Bangalore South, Karnataka, India, 560030.
When was Razorpay Payments Private Limited incorporated?
Razorpay Payments Private Limited was incorporated on 26 May 2024. Source: TheCompanyCheck, Tofler, IndiaFilings (all agree).

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Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.