In a bid to foster entrepreneurial growth within India’s thriving B2B startup ecosystem, Razorpay, a leading omnichannel payments and banking platform for businesses, has announced the launch of the Razorpay Venture Investment Program. Developed in partnership with Peak XV Partners and Lightspeed, the initiative aims to identify and support over 50 promising early-stage startups with investments of up to $1 million each. Razorpay’s strategic program will provide startups with critical funding, technology integration, and personalized mentorship, helping early-stage ventures expand and innovate within sectors like fintech, e-commerce, healthcare, logistics, and more.
The Razorpay Venture Investment Program is designed to support startups at various stages, from pre-seed to Series A, offering access to Razorpay’s robust API stack, market connections, and exclusive Rize community network of over 3,000 founders. This comprehensive approach is poised to provide B2B startups with the tools and resources they need to scale effectively, bolstered by Razorpay’s extensive industry expertise.
Commenting on the launch of the Razorpay Venture Investment Program, Harshil Mathur, Co-founder & 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.”
In addition to direct investments, the program will be led by Vishnu Acharya, Head of Strategy and Corporate Development at Razorpay, who aims to leverage his expertise in founder growth to strengthen India’s B2B ecosystem further.
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.”
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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.”
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