Fintech Unicorn Razorpay Receives Strategic Investment From CRM Giant Salesforce
India, Sept. 21 -- Fintech unicorn Razorpay has raised an undisclosed amount of funding from customer relations management (CRM) giant Salesforce's venture capital arm Salesforce Ventures. The startup said that the fresh investment, along with the partnership with Salesforce, would help Razorpay to strengthen its foothold in the business banking space. The Bengaluru-based startup said that with the fresh capital, it would drive adoption and financial growth for underserved small businesses in the next one year.
The new capital infusion comes months after Razorpay closed its Series E round worth $160 Mn in the month of April this year. The investment round was led by Sequoia Capital and Singapore's sovereign wealth fund GIC. Back then, Ri...
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