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Razorpay marks decade milestone with ESOPs worth Rs 1 lakh to all employees

  • Razorpay, a digital payments and banking solutions unicorn, has extended ESOPs worth Rs 1 lakh to all current employees to mark its 10-year journey.
  • This is part of the company's ongoing ESOP initiatives, which started with its first buyback in 2018, benefiting 140 employees, and a $75 million buyback in 2022 benefiting 650 current and former employees.
  • Razorpay, founded in 2014, provides payment and banking solutions for Indian businesses and has a Total Payment Volume (TPV) of $180 billion, serving over 300 million end consumers.
  • The company has raised $741.5 million in funding and recently launched a venture investment program to support early-stage B2B startups.

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