Razorpay recently launched its ‘Venture Investment Programme’ to fuel the growth of early-stage B2B startups. Created in partnership with Peak XV Partners and Lightspeed, this programme will support over 50 innovative B2B founders through a blend of capital investment, mentorship and technical resources, with funding opportunities of up to $1 million per startup.
Targetted at startups from pre-seed to Series A stages across sectors including FinTech, e-commerce, healthcare, education and logistics, the programme is designed to provide tailored assistance. Participating startups will receive access to Razorpay’s tech suite, which includes APIs and sandbox environments to embed financial services into their products, ensuring regulatory compliance and seamless technology integration.
Harshil Mathur, Co-founder and CEO, Razorpay, said, “Through the Razorpay venture investment Programme, we want to simplify the journey for early-stage founders by giving them access to cutting-edge technology, mentorship and partnerships. We are excited to back the next wave of B2B pioneers and contribute to the growth of B2B startups in India.”
With a rising focus on B2B startup development, India is expected to see 10-15 new unicorns in the sector within the next five years. Ishaan Mittal, Managing Director (MD), Peak XV Partners, stated, “Razorpay’s journey has set a benchmark for FinTech startups in India, overcoming challenges in technology and regulations. Their commitment to help the next generation of founders is truly commendable.”
In addition to technical resources, the company’s distribution network and customer base will be available to these startups, along with guidance from its leadership team, including the company’s founders. The programme aims to help B2B startups scale quickly, reach new markets and innovate with confidence.
Dev Khare, Partner, Lightspeed, added, “Our partnership with Razorpay is strengthened through this new initiative, which will provide technology vendors with access to the largest collection of SMEs in India and leverage Razorpay’s industry-leading payments infrastructure.”
