How Razorpay Became The Backbone of Modern Business.

When Harshil Mathur and Shashank Kumar launched Razorpay in 2014, digital payments in India were still finding their footing. Most businesses struggled to accept online payments easily, and the process was cluttered with paperwork, bank approvals, and technical hurdles. The duo, both IIT Roorkee alumni, saw a problem waiting for a solution. They wanted to make payments as simple as sending a message, and that idea gave birth to one of India’s most remarkable fintech success stories.

Razorpay started small, offering startups and small businesses a way to accept payments online without complex integrations. Within a few years, it became the go-to platform for digital payments, trusted by companies ranging from small retailers to large enterprises. Its simple interface, quick onboarding, and transparent pricing helped it win the confidence of thousands of entrepreneurs who were entering India’s growing digital economy.

The turning point came when India began embracing cashless payments. Razorpay was ready before most others. It became the bridge between customers and businesses, allowing payments through cards, UPI, net banking, and wallets. While many companies struggled with reliability and security, Razorpay focused on trust and user experience. The founders believed that technology should make finance simpler, not more complicated. That belief became the company’s driving force.

Over time, Razorpay grew beyond payments. It started offering tools for businesses to manage their money better, from payroll and vendor payments to credit and working capital. These features turned it from just a payment gateway into a complete financial platform. Startups began using Razorpay not only to receive payments but to run their entire cash flow through it. The company became an invisible backbone powering thousands of modern businesses.

Harshil and Shashank’s leadership has been marked by patience and vision. Instead of chasing short-term gains, they focused on solving real problems faced by Indian entrepreneurs. This grounded approach helped Razorpay build long-term relationships with merchants and gain the trust of big investors. Today, the company processes billions of dollars in transactions each month and stands as one of India’s leading fintech unicorns.

Razorpay’s story mirrors the rise of Indian entrepreneurship itself. It shows how persistence, customer empathy, and bold thinking can change an entire industry. For millions of business owners across the country, Razorpay is not just a tool but a partner that helps them grow, pay, and get paid with confidence. What began as a small startup in a Bengaluru apartment has become the financial spine of modern Indian business, quietly powering the future of digital commerce.