India: Razorpay's valuation trebles after $160m funding by GIC, Sequoia India, others

India: Razorpay's valuation trebles after $160m funding by GIC, Sequoia India, others

Razorpay Founders (L-R), Harshil Mathur & Shashank Kumar

Bengaluru-based payments solutions company Razorpay announced on Monday that it has raised $160 million in a Series E funding round co-led by Singapore’s sovereign wealth fund GIC, and Sequoia India as it looks to expand into Southeast Asia.