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Big Move: Razorpay Invites Banker Pitches As IPO Plans Take Shape - Business Connect Magazine

Digital payments startup Razorpay has begun preparations for an initial public offering (IPO) aimed at raising up to Rs 4,500 crore in fresh capital, according to people familiar with the matter. The company has invited merchant bankers to pitch for the IPO mandate, with Kotak Mahindra Capital and Axis Capital emerging as frontrunners for the underwriting role, one of the sources said. The public issue is expected to be launched towards the end …
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Business Connect | Best Business magazine In India broke the news in on Friday, January 9, 2026.
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