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Razorpay betting big on omni-channel growth ahead of IPO: Shashank Kumar

Business Standard LogoBusiness Standard5h ago

Razorpay betting big on omni-channel growth ahead of IPO: Shashank Kumar - Business Standard

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Fintech major Razorpay is betting big on an omni-channel approach for growth as it gears up to turn profitable ahead of its public listing in the next three years, co-founder and managing director Shashank Kumar told Business Standard.

According to Kumar, the company is heavily investing in its “omni-channel payments story,” where it is building online and offline payment products across segments like marketing and business finance, in addition to international expansion.“The direct-to-consumer (D2C) retail market is growing at a rapid pace and is expected to reach $60 billion by FY27.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-08 @ 19:00:06 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 109 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22410399

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 153 posts per day

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News Last Updated: 3 hours ago

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