After months of planning, the fintech giant has successfully shifted its parent entity’s base from the U.S. to India—an important milestone as the company gears up for a potential IPO.
The announcement came after Razorpay’s board was informed that the Regional Director (Southeast) of the Ministry of Corporate Affairs had signed off on the merger between Razorpay Inc. (the U.S. entity) and Razorpay Software Pvt. Ltd., which is headquartered in Bengaluru. With that, the long-discussed “reverse flip” is now complete.
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This move was made possible thanks to updated regulations that simplify the process for companies wanting to relocate back to India, bypassing the National Company Law Tribunal (NCLT) and instead working directly through the Reserve Bank of India and the MCA. With all approvals now in place, Razorpay’s global headquarters officially sits in India.
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“We’ve crossed a big milestone,” said Shashank Kumar, co-founder of Razorpay. “This isn’t just a legal or logistical change—it’s deeply personal. Razorpay was always about building for India, and now, by planting our global HQ here, we’re making a clear statement: India is where our heart is, and it’s where we’re building our future.”
