Payments gateway platform Razorpay has now been included in the 2024 Forbes Cloud 100 list, marking the company's third consecutive appearance on the Forbes list of the top 100 cloud-computing private companies in the world.
Razorpay, with nearly 3,300 employees, and having raised close to $742 million in funding, ranked 70th on the Forbes Cloud 100 list of companies.
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Razorpay also features on this list populated by global AI giants like Open AI, Canva, Databricks, and Stripe.
Harshil Mathur, CEO and Co-founder of Razorpay said, “Being featured on the Forbes Cloud 100 list for the third time is an incredible honor for us at Razorpay. To be one of the few Indian companies on this prestigious list is not just a proud moment for us, but a testament to the potential and impact of India’s financial technology sector on the global stage. Over the years, our relentless focus on building a business-centric platform has driven our growth, and this recognition reinforces our belief that we are on the right path. We’re more committed than ever to empowering businesses with innovative payment solutions that drive real value and want to continue setting a new benchmark for others to follow."
Razorpay estimates that India's digital payments industry will continue to grow and reach $4 trillion by 2030, according to its press release.
“Recognizing the ever-expanding potential for startups, freelancer, and enterprises, the company will continue to invest in building an intelligent real-time financial infrastructure, supported by next-gen AI technologies to help businesses scale and meet their ever-evolving payment and banking needs,” the company wrote in its statement.
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