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The Venture Codex

Overview

Payment processing platform for businesses with multiple payment modes.

Deals · 12mo

2

Stage focus

Seed
Series A

Geographic focus

India

Sector focus

Finance
Financial Services
FinTech
Payments

Investment portfolio

3rounds
NAMEDATESIZE
Spense
Jul 2026Participated
$3 MSeed
Nitro Commerce
Jan 2026Participated
$5 MSeries A
Ignosis
Sep 2025Participated
$4 MSeries A
Spense
Jul 2026Participated
$3 MSeed
Nitro Commerce
Jan 2026Participated
$5 MSeries A
Ignosis
Sep 2025Participated
$4 MSeries A
3
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Razorpay Ventures: 3 funding rounds are recorded in the selected participation categories.All available history.
Razorpay Ventures: 3 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Series A02

Monthly Deal Activity

Razorpay Ventures: 3 deals are recorded across 14 months.All available history.
Razorpay Ventures: 3 deals are recorded across 14 months. All available history
MonthDeals
Sep '251
Oct '250
Nov '250
Dec '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

Razorpay Ventures: Fintech is the largest displayed sector by deal count (2 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Razorpay Ventures: Fintech is the largest displayed sector by deal count (2 deals). All available history
SectorDeals
Fintech2
AI & Machine Learning2
Data, Analytics & IT1

Deal Size Distribution

Razorpay Ventures: 3 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Razorpay Ventures: 3 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Razorpay Ventures: India has the largest recorded deal count among the displayed regions (3 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Razorpay Ventures: India has the largest recorded deal count among the displayed regions (3 deals). All available history
RegionDeals
India3
Razorpay Ventures: 11 co-investors are shown, with Anicut Capital sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Razorpay Ventures: 11 co-investors are shown, with Anicut Capital sharing 1 recorded deals. All available history
Co-investorShared deals
Anicut Capital1
Ankurit Capital1
Arkam Ventures1
Atrium Ventures1
Cornerstone Ventures1
Equentis Angel Fund1
Finvolve1
Force Ventures1
Growthcap Ventures1
Peak XV Partners1
Rukum Sitara Fund1

Investment Strategy

Razorpay Ventures: Led accounts for 0% and participating for 100% of round participation.All available history.
Razorpay Ventures: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating3100%
Razorpay Ventures: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Razorpay Ventures: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Abhay Rana

Software Developer

Anuradha Bharat

Head, People Operations

Arjun Hemrajani

Infrastructure Engineer

Harshil Mathur

Co-Founder & Chief Executive Officer

Sagar Saxena

Founding Team

Shashank Kumar

Co-Founder

Shashank Mehta

Director, Product Strategy