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Razorpay to tap B2B payments, global markets for growth

Fintech company Razorpay is keen on exploring verticals like oil and gas, logistics and education for smoothening the process of business-to-business payments as it eyes profitability by September next year.

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Fintech company Razorpay is keen on exploring verticals like oil and gas, logistics and education for smoothening the process of business-to-business payments as it eyes profitability by September next year.

The MasterCard and Tiger Global-backed company is also aggressively doubling its team across technology and sales to tap into the boom in the Indian e-payments market post demonetisation.

"Overall, we have grown at 20X in the past 18 months and we should be able to grow at 7-10X in the next 12 months (FY17-18)...We hope to be profitable by September 2018 at the current growth rate," Razorpay Chief Growth Officer Siddharth Dhamija told

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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