Salesforce Ventures makes strategic investment in Indian startup Razorpay

Fintech unicorn Razorpay has received a strategic investment from Salesforce Ventures, the investment arm of the US-based maker of cloud-based customer-relations software. The undisclosed investment would further strengthen Bengaluru-based Razorpya’s presence in the business banking space.

Razorpay said this investment and partnership will make an impactful contribution to the industry and drive adoption and financial growth for underserved small businesses in the next twelve months.

“We are going through one of the largest transformations in the Indian financial industry, one that is significantly influencing the payments and banking experience now and for the years to come,” said Harshil Mathur, CEO