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Bloomberg Quint

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Razorpay Allots ESOPs Worth Rs 1 Lakh Each To Current Employees In 10th Anniversary Year

  • Fintech unicorn Razorpay is extending Rs 1 lakh worth of employee stock ownership plans (ESOPs) to all current employees as part of its 10-year celebrations.
  • This is the third employee liquidity event for Razorpay, with previous ESOP buybacks in 2018 and 2022.
  • Razorpay has expanded its services beyond payment gateways and aims to be profitable across revenue streams before a potential IPO.
  • The Bengaluru-based company has raised nearly $750 million from investors such as Lone Pine Capital, TCV, GIC, Tiger Global, and Peak XV Partners.

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