Harshil Mathur is the Co-Founder and CEO of Razorpay. It is India's first full-stake financial solution company. He is from Bangalore, India.
RAZORPAY:- https://razorpay.com/
EDUCATION
Harshil earned his schooling from Seedling Public School. He earned his Bachelor's degree with a prime focus on mathematics in 2009. He took part in Exnora Academics when he was there. He enrolled at the Indian Institute of Technology Roorkee's Technology department in 2009. He majored in software engineering.
In 2013, Harshil received his BTech degree from his college after completing his studies. In 2015, he was a part of the YCombinator W15 Batch, where he was mentored by Paul Buchheit and Dalton Caldwell.
AWARDS AND HONORS
- First prize, Science Talent Search Exam by Science Department, Rajasthan in 2008
- First Prize, Collegiate Cyber Threat Competition by Deloitte in 2010
- Section Trophy by Hobbies Club, IIT Roorkee
- 30 Under 30 Asia by Forbes magazine
- Harshil also featured in the Business Standard, Inc, YourStory, Entrepreneur India, Economic Times, and many more platforms as an entrepreneur
ENTREPRENEURIAL JOURNEY
In 2014, Harshil started working for Schlumberger as a Wireline Field Engineer. He worked in Mumbai for 9 months before departing in February 2014. He resigned after less than a year on the job to seek other business opportunities.
It was critical to discover a market that is underserved, understand the problems that this market encounters, and strive to create a comprehensive solution that is easy to implement. This is what Razorpay performed in a congested payments industry.
Harshil started working on Razorpay right away and created the startup, which consumed all of his time and attention. He teamed up with Shashank Kumar, his college friend, to create a payment gateway for small companies having trouble processing internet purchases.
Then, the role of the smaller merchants was undervalued. Harshil and his partner decided to make something that would allow this huge audience to make payments online as quickly and easily as feasible. They then identified the obstacles in completing this task and attempted to create a system that would remove these impediments.
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They added more features throughout this time, but the idea of growth remained the same. This is shown in their success, as existing customers continue to use Razorpay and new customers sign up because they appreciate what Razorpay offers.
Initially, Harshil Mathur had over 100 rejections from investors before finding a corporation prepared to take a chance on his business concepts. He believed he had a great concept for a full-stake integrated payments solution firm that would change the industry, but he needed venture financing to get it off the ground. He didn't give up, and after more than 100 rejections, he was able to secure the funding he needed to establish his business.
Today, Razorpay processes more than a third of all online payments in India and accepts payments from more than 50 banks and credit card providers.
Even while the epidemic raged, Razorpay earned unicorn status in October when it secured $100 million in a funding round sponsored by Singapore's sovereign wealth fund GIC, valuing the company at $1 billion. GIC co-led another round for $160 million in mid-April, when India was dealing with the second wave of Covid-19 infections, bringing Razorpay's worth to $3 billion.
Throwing things around in the calendar does not help maintain a to-do list.
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