Shashank started Razorpay, along with Harshil Mathur, after discovering the dismal state of online
payments in India. He graduated from IIT Roorkee and before taking the entrepreneurial route with
Razorpay; Shashank also worked with Microsoft US as a Software Developer.
With an idea to change the way online payments function in India, Shashank quit his full time job. By
early 2014, Razorpay was conceptualized with a vision to simplify online payments.
Three years since then, Razorpay rebranded itself in 2017 as Razorpay 2.0, a Converged Payments
Solution company with a product suite designed to ease businesses of managing concerns around flow of
money in their financial systems. Progressing in it’s journey that started with Razorpay 2.0, the Company
recently launched neo-banking platform, Razorpay X and lending platform, Razorpay Capital - both designed
to power the financial systems for disruptive companies.

Razorpay has been charting exponential growth since its inception. In the last six years, the company has
powered digital payments for more than 1,000,000 small & large businesses such as Indigo, BSE, Thomas Cook,Reliance, SpiceJet, Aditya Birla, Sony and Oyo, among others. The company has been working towards
enabling adoption of digital payments especially in traditional cash-rich sectors such as education, insurance
and mutual funds, among others. The company has clocked in a healthy growth rate of 35% month-on-month
and is geared up to increase the number of businesses to 1,400,000 by this year. The Neo-banking platform
expects a 4x growth in its revenue by the end of the next fiscal year.
Shashank was featured in an eclectic list of 30 promising young Indian talents under the age of 30, by Forbes
Magazine (2017) and 40 Under 40 by Fortune India (2019).