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.
Last updated 4 August 2026
Razorpay Payments Private Limited, established on 26 May 2024, operates as the RBI-regulated payment aggregator entity of the Razorpay group, consolidating online and offline payment aggregation services. The company began operations on 1 January 2026 following its merger with Ezetap, as part of internal restructuring for a planned IPO.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Razorpay Payments Private Limited |
|---|---|
| CIN | U62099KA2024PTC188982 |
| PAN | AANCR6717K (derived from GSTIN 29AANCR6717K1ZN, which embeds the PAN; positions 3-12). Reliable. NOTE: distinct from group operating company Razorpay Software Ltd's PAN AAGCR4375J. |
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| Incorporated | 26 May 2024. Source: TheCompanyCheck, Tofler, IndiaFilings (all agree). |
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Business Overview
- 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
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Harshil Mathur | 06549915 | Director & CEO | 26-05-2024 |
| Shashank Kumar | 06556746 | Director & Co-founder | 26-05-2024 |
| Shivli Katyayan | 11147550 | Director | 10-06-2025 |
GST & PAN
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AANCR6717K1ZN | Karnataka | AANCR6717K (derived from GSTIN 29AANCR6717K1ZN, which embeds the PAN; positions 3-12). Reliable. NOTE: distinct from group operating company Razorpay Software Ltd's PAN AAGCR4375J. | - |
| 29AAGCR4375J1ZU | Karnataka | AANCR6717K (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
- 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
Competitors
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