Razorpay, India’s omnichannel payments and banking platform for businesses, today introduces Razorpay Venture Investment Program to empower the next generation of B2B innovators. Instituted in collaboration with Peak XV Partners and Lightspeed, the program aims to identify and invest in over 50 visionary early-stage founders.
With a strong focus on building transformative B2B payment and banking solutions spanning across industries over the years, Razorpay is committed to fueling innovation and driving growth in the B2B sector. The company will provide crucial funding, technology support, and leadership support to B2B startups across various stages of development. The program will invest up to USD 1 million per startup, targeting early-stage ventures.
With a mission to add meaningful value to the growth of India’s early-stage B2B startups, the Razorpay Venture Investment Program is purpose-built to support companies from pre-seed and Series A stages, across industries such as Fintech, E-commerce, Retail, Travel, Education, Healthcare, Logistics, Hospitality, Mobility, and Export. Razorpay aims to empower founders with the tools and resources needed to scale their ventures. Startups can apply directly through Razorpay's website, marking a new chapter in the company's commitment to fostering B2B innovation.
Commenting on the launch of the Razorpay Venture Investment Program, Harshil Mathur, Co-founder and CEO, Razorpay said, “Building a startup, particularly in the B2B space, is a daunting challenge. Having experienced it firsthand and witnessing founders across industries face this daily, we believe the support system must go beyond just capital. However, I believe the B2B space remains one of the leading areas with strong potential for growth. With the Razorpay Venture Investment Program, we aim to ease this journey by providing access to the right technology, mentorship, and partnerships to help founders innovate and scale faster. We’re excited to back the next wave of B2B pioneers and fuel the expansion of B2B startups in India.”
The Razorpay Venture Investment Program will be spearheaded by Vishnu Acharya, the company's Head of Strategy and Corporate Development. Acharya brings deep expertise in working closely with founders to help them scale. Under his leadership, the program aims to significantly impact India’s B2B ecosystem.
Ishaan Mittal, Managing Director at Peak XV Partners said, “Razorpay’s journey has been inspirational for fintech startups in India. The decade-long journey has involved navigating complex challenges across tech, regulations, growth, and product, etc. Great to see them launch this program to support founders who will build the next generation of fintech startups. Peak XV Partners is excited to be a part of this.”
Dev Khare, Partner at Lightspeed said, “We are excited to continue our partnership with Razorpay through this new initiative to back technology companies serving SMEs across India. Partnering with Razorpay helps technology vendors get distribution into the largest collection of SMEs in India, as well as take advantage of Razorpay's market-leading payments infrastructure.”
