Digital payments and banking arrangements unicorn Razorpay has expanded ESOPs worth Rs 1 lakh to all current representatives, checking its 10-year journey.

This is the most recent in an arrangement of ESOP activities by the company, from its to begin with buyback in 2018, which permitted 140 workers to sell their vested offers, to a $75 million buyback in 2022 profiting 650 current and previous employees.

Serving over 300 million conclusion customers over India, the company brags an annualized Total Payment Volume (TPV) of $180 billion,

Last month, Razorpay reported the dispatch of the Razorpay Venture Investment Program to engage the following era of B2B innovators.

Razorpay has secured over $800 million through different financing rounds and was final esteemed at roughly $7.5 billion. The firm detailed a 24% year-on-year (YoY) income increment for its Payment Gateway (PG) trade to Rs 2,068 crore in FY24. Notably, the firm’s benefit after assessing surged about 5X amid the same period.

source: entrackr.