12.4 C
London
Friday, October 7, 2022

Razorpay Leads Top Management Team After Co-Founder Steps Out of CTO Role

Must read

Man gets 4 years for conspiring against Michigan Gov. to kidnap Whitmer

A Michigan man who conspired with others to kidnap Michigan Governor Gretchen Whitmer in 2020 was sentenced Thursday to four years in prison, federal...

Tesla Semi-Production Begins with Pepsi Getting First Deliveries • londonbusinessblog.com

Tesla CEO Elon Musk tweeted Thursday that production of its long-delayed all-electric semi-truck has begun with first deliveries beginning in December. The automaker introduced an...

SaaS platform Klikit saves restaurant kitchens from “tablet hell” • londonbusinessblog.com

The proliferation of delivery services gives customers many options, but spells chaos for busy restaurants that need to manage orders across multiple apps and...

Limit reached – Join the EU Startups CLUB

€147/quarter This option is ideal for companies and investors who want to keep up to date with Europe's most promising startups, have full access...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

  • Former AWS Director Murali Brahmadesam is next Chief of Engineering and CTO of Razorpay
  • Co-founder Shashank Kumar has now been appointed as the company’s general manager.
  • IPO is definitely in the company’s pipeline, but it’s still a few years away.

Razorpay has renewed its leadership team, appointing former Amazon Web Services (AWS) executive Murali Brahmadesam as chief of engineering and CTO.

Co-founder Shashank Kumar previously held the position of CTO of Razorpay and has now been appointed as the company’s general manager.

“Engineering has been the foundation of growth for Razorpay since its inception. With a technical team of more than 800 members, we are constantly working to solve some of the toughest challenges businesses face today, with innovation at the core. Murali brings in-depth knowledge of managing technology functions at scale,” said Shashank Kumar, co-founder and now general manager at Razorpay.

Discover the future of SaaS in India

The 6-part video series will capture the vision of Indian SaaS leaders and highlight the potential for the industry in the decades to come.Look on request
Our Speakers

Girish Mathrubootham
Brian E. Taptich

Razorpay — founded in 2014 by alumni of IIT Roorkee Harshil Mathur and Shashank Kumar — is a full-stack financial services company helping eight million Indian businesses with payment and banking management solutions. Of the 42 companies that were crowned unicorns in 2021 alone, Razorpay made payments for 34 of them.

“Razorpay has been at the forefront of inventing breakthrough business payments and banking products that millions of different companies rely on,” said Murali Brahmadesam, CTO at Razorpay.

The company was valued at $7.5 billion in December last year, making it the highest-valued fintech startup in India. While Razorpay has no plans to go public in the near future, the company says it will reconsider in the next two to three years.

The company plans to scale up its banking and credit arm before going public.

“If you want to raise money in the public markets, you’d better be a full-fledged financial ecosystem company rather than just a payments company, which is a core part of our business today,” said Harshil Mathur, co-founder and CEO of Razorpay,
said

ALSO SEE

Impulse purchases, fast fashion end up in the garbage dump and remain intact for 200 years

Lay’s, Kurkure and Bingo take over Indian snacks like Aloo Bhujia, Murukku

Paytm is on the brink of a ‘cup and holder breakout’ – which explains the rally

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Man gets 4 years for conspiring against Michigan Gov. to kidnap Whitmer

A Michigan man who conspired with others to kidnap Michigan Governor Gretchen Whitmer in 2020 was sentenced Thursday to four years in prison, federal...

Tesla Semi-Production Begins with Pepsi Getting First Deliveries • londonbusinessblog.com

Tesla CEO Elon Musk tweeted Thursday that production of its long-delayed all-electric semi-truck has begun with first deliveries beginning in December. The automaker introduced an...

SaaS platform Klikit saves restaurant kitchens from “tablet hell” • londonbusinessblog.com

The proliferation of delivery services gives customers many options, but spells chaos for busy restaurants that need to manage orders across multiple apps and...

Limit reached – Join the EU Startups CLUB

€147/quarter This option is ideal for companies and investors who want to keep up to date with Europe's most promising startups, have full access...

Meta’s Horizon VR Platform Is Too Buggy and Employees Don’t Use It Enough, Says Exec

Meta's VR social network Horizon Worlds - the company's flagship "metaverse" app - suffers from too many quality issues and even the team building...