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Razorpay received SEBI approval for its proposed IPO, targeting a valuation of around $5 Bn with a listing likely between January and March 2027. The fintech major aims to raise ₹5,000-6,000 Cr through fresh issue and offer for sale. CEO Harshil Mathur stated the company expects consolidated profitability about two to three quarters after the end of FY26.
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