
Razorpay confidentially filed draft IPO papers with SEBI for a $600 million public issue. The IPO values the fintech company at $5-6 billion, down from its $7.5 billion peak valuation in 2021. The company completed a reverse flip to India in 2025, clearing a key structural hurdle for the domestic listing.
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Summary by ByteBrief
OpenAI confidentially files to go public in the US