Will plan IPO only after new business units return more profits: Razorpay’s Shashank Kumar
3 months, 2 weeks ago

Will plan IPO only after new business units return more profits: Razorpay’s Shashank Kumar

Live Mint  

Razorpay, the fintech major valued at $7.5 billion, completes 10 years of its startup journey this month. In an exclusive interview, co-founder and managing director Shashank Kumar talks about the company’s reverse flip plans, IPO and the way forward, while reminiscing the early days. We have inculcated that as a cultural pillar of the company whether it’s from a governance perspective, risk management lens or while managing cyber security. But when we achieve those milestones, I would say 2-3 years out into the future, we’ll probably go for it. I don’t think you can do another payment idea or a general e-commerce idea, although you can say that quick commerce is something that came out well in the last few years.

History of this topic

Meesho To Launch $1 Billion IPO This Year, Selects Morgan Stanley, Citi, Kotak Mahindra Capital As Advisers: Report
1 week, 1 day ago
Upcoming IPOs: From LG Electronics to JSW Cement — five public offers that investors eagerly await in 2025
1 week, 4 days ago
Upcoming IPO: Pine Labs plans IPO by second half of 2025 despite weak stock market mood, may raise $1 billion
2 weeks, 1 day ago
Fewer Companies Going Public In 2025 So Far, Is The IPO Boom Over?
3 weeks, 3 days ago
Will IPO euphoria fizzle out in 2025 amid stock market rout? Here’s what experts predict
1 month, 2 weeks ago
Market meltdown may cut startup IPOs and valuations down to size
1 month, 3 weeks ago
India’s Startup Revolution is No Longer Soaring Skyward. Lack of Consumption Demand and Funds are to Blame
2 months, 1 week ago
Zepto to become profitable in FY26, hopeful for IPO plans next year: CEO Aadit Palicha
3 months, 3 weeks ago
IPOs Ahead: Equity Markets To See Rush Of 11 Maiden Offers Including Mobikwik, Vishal Mega Mart
Trending News
3 months, 3 weeks ago
2024: A year of IPO boom as retail interest zooms
4 months ago
IPO Frenzy Continues, 10 Firms Plan To Raise Rs 20,000 Crore Via Maiden Issues In Dec
4 months, 1 week ago
IPO pipeline to remain strong; 10 companies aim to raise ₹20,000 cr in Dec
4 months, 1 week ago
SME IPO Frenzy: Opportunity or bubble? 2024 sees record ₹8,200 crore raised by SME firms
4 months, 2 weeks ago
Venture Capital Firms Encourage Startups to Go Public in a Bull Market
5 months, 1 week ago
Chipmaker Polymatech plans ₹1,500 crore IPO by year-end
11 months, 3 weeks ago
PKH Ventures IPO: Issue to open on June 30, check details here
1 year, 9 months ago
IPO mania gets reality check in India after series of flops
3 years, 1 month ago
Upcoming IPOs: Investing in IPOs for the First Time? Key Things to Check Before you Buy
3 years, 1 month ago
IPO Rush: Offerings To See Healthy Response In 2022; Pricing Key Concern
3 years, 3 months ago
IPOs in 2022: List of public issues in pipeline for early next year
3 years, 3 months ago
2021 is shaping up to be a strong year for IPOs
4 years, 3 months ago
Companies raise Rs 25,000 cr via IPOs in 2020 so far; next year expected to be equally strong
4 years, 4 months ago
WeWork may revisit IPO plan only after turning profitable, says CEO Mathrani
4 years, 5 months ago
IPO long-term strategy, currently focused on driving e-commerce growth: Flipkart
5 years, 9 months ago
The IPO market is headed for a major comeback
6 years ago
Citing poor market conditions, Anand Rathi Wealth Services shelves Rs 500-cr IPO
6 years, 3 months ago
Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs
7 years, 4 months ago
Silicon Valley needs 2017 to be a blockbuster year for IPOs
8 years, 3 months ago
IPOs of private equity-backed firms stuck despite buoyant market
8 years, 4 months ago
IPO-bound cos to mop-up over $5 bn in 2016 on growing appetite for equities: EY
9 years ago
Signs of revival: Companies line up Rs 9,000 cr IPOs to fund expansion this yr
9 years, 11 months ago
IPO investors burn fingers, get poorer by Rs 29,000 cr
13 years, 7 months ago

Discover Related