In this episode of Figuring Out, Raj talks with the Co-Founder of Razorpay, Shashank Kumar.
In 2013, India did not have a homegrown payments solution for small businesses while US-based PayPal was struggling with regulations. With a vision to simplify online payments in India, Shashank co-founded Razorpay in 2013 after working with Microsoft US as a software developer.
Razorpay is India’s first full-stack financial solutions company. They are on a mission to enhance the payment experience of over 300 million end consumers.
Razorpay has grown from being a payment gateway provider to a solutions-driven organization boasting of an extensive products suite to accept and disburse payments as well as raise capital and park money.
The company has powered digital payments for more than 1,000,000 small and large businesses such as Indigo, BSE, Reliance, Sony and Oyo, among others.
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Timestamps
00:00 Intro
02:55 Razorpay Explained
03:40 How did Raj Find Out About Razorpay?
07:00 How to Contribute to the Growth of India?
27:25 How did they Get their Initial Customers?
39:05 Top 3 Things for Every Startup Founder
46:55 Why did YC Take them in?
49:45 Has their Vision Changed?
52:55 Top 3 Things for an Entrepreneur Outside the Organisation
59:55 Next Billion Dollar Opportunity
01:02:10 Outro
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Raj Shamani is a business content creator, an entrepreneur, an investor, and a renowned keynote speaker. He is a businessman at heart.
Raj helps businesses and startups become recognized brands and influential leaders through various marketing and business tactics. He is the driving force behind several top brands’ 360-degree brand-building approach.
Besides, Raj is also an active angel investor and is particularly interested in crazy minds who are creating a sensation in the Fintech, FMCG, and passion economy space.
How He Built a ₹55,000+ CRORE Startup! | Co-Founder of Razorpay
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