Razorpay facilitated over a billion transactions during FY22. The company analysed this data to understand how and when India spent its money online. The analysis found India loved food (Biryani), trading online (BSE) and loved the convenience of paying utility bills. The transaction covers the period of April 1, 2021 to March 31, 2022.
- Online food orders grew 3x year on year with the highest amount on them being spent on New Year’s Eve.
- The amount of biriyani ordered could feed every passenger passing through Howrah railway station, for three weeks.
- Grocery orders grew almost 4x with Sundays witnessing a peak in