Companies Using Razorpay
Our live crawl identifies 12,629 domains running Razorpay, resolving to 7,155 identifiable organisations. Named users include Apollo Hospitals, BYJU'S, Voltas, Muthoot Finance, Ola Electric, Bisleri, Snapdeal, Bajaj Capital, Ather Energy, Khan Academy and Razorpay's own site.
Razorpay ranks 15th in Payment Processing with 0.15% share, and that number is close to meaningless. The rows above it are mostly card marks and wallet buttons, which appear together on a single checkout: PayPal, Apple Pay, Shop Pay, Visa and Mastercard are not five choices a merchant made. A gateway is one choice per merchant, so the honest comparison is against other gateways, in the market Razorpay actually serves.
93.78% of Razorpay's geolocated companies are in India. Restrict the whole Payment Processing category to India-based companies and Razorpay places 2nd on 6,409 companies, behind only PayPal (7,129) and ahead of Visa (2,388), Mastercard (2,373), American Express (2,095) and Stripe (1,549). Among gateways headquartered in India it is 1st by 5.6x: Cashfree reaches 1,147, Shopflo 935 and PayU 303.
Published Sep 6, 2026 · Updated Sep 6, 2026 · Data analysed on September 6, 2026.
Razorpay Usage Statistics
Razorpay reads 7,929 domains on our first full monthly rollup in June 2026 and 12,629 by August 2026. That is our crawl expanding into the Indian web, not Razorpay signing 4,700 merchants in eight weeks. The same rollups show comparable jumps for technologies with no relationship to Razorpay. Quote the August figure and ignore the slope.
List of Companies Using Razorpay
Download all 12,629 Razorpay customers with full company data, or create a signal to track when companies start or stop using Razorpay.
| Company | Detection URL | Domain | Country | Industry | Employees | Type | Founded | |
|---|---|---|---|---|---|---|---|---|
| pay.apollohospitals.com | apollohospitals.com | India | Hospitals and Health Care | 10001+ | Public Company | 1983 | https://linkedin.com/company/theapollohospitals | |
| byjus.com | byjus.com | India | E-Learning Providers | 10001+ | Privately Held | 2008 | https://linkedin.com/company/byjus | |
| www.voltas.com | voltas.com | India | Computers and Electronics Manufacturing | 10001+ | Public Company | 1954 | https://linkedin.com/company/voltas-limited | |
| online.muthootfinance.com | muthootfinance.com | India | Financial Services | 10001+ | Public Company | 1887 | https://linkedin.com/company/the-muthoot-group | |
| book.olaelectric.com | olaelectric.com | India | Motor Vehicle Manufacturing | 501-1000 | Privately Held | 2017 | https://linkedin.com/company/olaelectric | |
| delivery.shadowfax.in | shadowfax.in | India | Transportation, Logistics, Supply Chain and Storage | 1001-5000 | Privately Held | 2015 | https://linkedin.com/company/shadowfax | |
| digigoldsilver.bajajcapital.com | bajajcapital.com | India | Financial Services | 5001-10000 | Public Company | 1964 | https://linkedin.com/company/bajaj-capital-ltd | |
| bisleri.com | bisleri.com | India | Food and Beverage Services | 1001-5000 | Privately Held | 1969 | https://linkedin.com/company/bisleri-international-pvt-ltd | |
| www.razorpay.com | razorpay.com | India | Software Development | 1001-5000 | Privately Held | 2014 | https://linkedin.com/company/razorpay | |
| books.testbook.com | testbook.com | India | E-Learning Providers | 501-1000 | Privately Held | 2013 | https://linkedin.com/company/testbook-com |
Show 40 more Razorpay using companies as demo data
| Company | Detection URL | Country | Industry | Employees | Type | Founded | ||
|---|---|---|---|---|---|---|---|---|
| shop.atherenergy.com | atherenergy.com | India | Motor Vehicle Manufacturing | 1001-5000 | Privately Held | 2013 | https://linkedin.com/company/ather-energy | |
| snapdeal.com | snapdeal.com | India | Software Development | 501-1000 | Privately Held | 2010 | https://linkedin.com/company/snapdeal | |
| leap.religareonline.com | religareonline.com | India | Financial Services | 1001-5000 | Public Company | — | https://linkedin.com/company/religare-broking-ltd | |
| intex.in | intex.in | India | Computers and Electronics Manufacturing | 1001-5000 | Self-Owned | 1996 | https://linkedin.com/company/intextechnologies | |
| codealpha.tech | codealpha.tech | India | Software Development | 11-50 | Self-Owned | 2022 | https://linkedin.com/company/codealpha | |
| customers.homefirstindia.com | homefirstindia.com | India | Financial Services | 1001-5000 | Public Company | 2010 | https://linkedin.com/company/home-first-finance-company | |
| pms.geojit.com | geojit.com | India | Financial Services | 5001-10000 | Public Company | 1987 | https://linkedin.com/company/geojitofficial | |
| feeportal.sathyabama.ac.in | sathyabama.ac.in | India | Higher Education | 1001-5000 | Educational | 1988 | https://linkedin.com/company/sathyabama | |
| aisect.org | aisect.org | India | Education Administration Programs | 1001-5000 | Self-Owned | 1985 | https://linkedin.com/company/aisect-ltd- | |
| india.khanacademy.org | khanacademy.org | United States | E-Learning Providers | 51-200 | Nonprofit | 2006 | https://linkedin.com/company/khan-academy | |
| one.portea.com | portea.com | India | Hospitals and Health Care | 1001-5000 | Public Company | 2013 | https://linkedin.com/company/portea-medical | |
| cruise.sotc.in | sotc.in | India | Travel Arrangements | 51-200 | Public Company | 1949 | https://linkedin.com/company/sotc | |
| alumni.ashoka.edu.in | ashoka.edu.in | India | Higher Education | 51-200 | Educational | 2013 | https://linkedin.com/company/ashoka-university | |
| xborder.shiprocket.in | shiprocket.in | India | Technology, Information and Internet | 501-1000 | Privately Held | 2012 | https://linkedin.com/company/shiprocket | |
| alumni.bitmesra.ac.in | bitmesra.ac.in | India | Education Administration Programs | 201-500 | Educational | 1955 | https://linkedin.com/company/b.i.t.-mesra-ranchi | |
| safaribags.com | safaribags.com | India | Manufacturing | 1001-5000 | Public Company | 1974 | https://linkedin.com/company/safari-industries-india-ltd. | |
| www.lotusherbals.com | lotusherbals.com | India | Personal Care Product Manufacturing | 1001-5000 | Privately Held | 1993 | https://linkedin.com/company/lotus-herbals | |
| thehansfoundation.org | thehansfoundation.org | India | Non-profit Organization Management | 11-50 | Nonprofit | 2009 | https://linkedin.com/company/thehansfoundation | |
| customer.designcafe.com | designcafe.com | India | Design Services | 501-1000 | Privately Held | 2016 | https://linkedin.com/company/design-cafe | |
| enrichbeauty.com | enrichbeauty.com | India | Consumer Services | 1001-5000 | Privately Held | 1997 | https://linkedin.com/company/enrich | |
| customerportal.kinaracapital.com | kinaracapital.com | India | Financial Services | 1001-5000 | Privately Held | 2011 | https://linkedin.com/company/kinaracapital | |
| atomberg.com | atomberg.com | India | Appliances, Electrical, and Electronics Manufacturing | 201-500 | Privately Held | 2012 | https://linkedin.com/company/atomberg-technologies-private-limited | |
| paymnt.avanse.com | avanse.com | India | Financial Services | 201-500 | Privately Held | 2013 | https://linkedin.com/company/avanse-financial-services | |
| www.alumni.brainwareuniversity.ac.in | brainwareuniversity.ac.in | India | Education Management | 501-1000 | Educational | 1990 | https://linkedin.com/company/brainwareuniversity | |
| teleconsult.continentalhospitals.com | continentalhospitals.com | India | Hospitals and Health Care | 1001-5000 | Privately Held | 2013 | https://linkedin.com/company/continental-hospitals | |
| neubergdiagnostics.com | neubergdiagnostics.com | India | Medical and Diagnostic Laboratories | 501-1000 | Privately Held | — | https://linkedin.com/company/neuberg-diagnostics | |
| pestcontrolindia.com | pestcontrolindia.com | India | Consumer Services | 1001-5000 | Privately Held | 1954 | https://linkedin.com/company/pest-control-india-pvt-ltd | |
| shop.zebronics.com | zebronics.com | India | Computers and Electronics Manufacturing | 1001-5000 | Privately Held | 1997 | https://linkedin.com/company/zebronics | |
| educategirls.ngo | educategirls.ngo | India | Non-profit Organizations | 1001-5000 | Nonprofit | 2007 | https://linkedin.com/company/educate-girls | |
| connect.marwadionline.com | marwadionline.com | India | Financial Services | 501-1000 | Privately Held | 1992 | https://linkedin.com/company/marwadihq | |
| protrade.jainam.in | jainam.in | India | Financial Services | 201-500 | Privately Held | 2004 | https://linkedin.com/company/jainambroking | |
| shop.milkymist.com | milkymist.com | India | Food and Beverage Services | 201-500 | Public Company | 1992 | https://linkedin.com/company/milkymistdairy | |
| canvera.com | canvera.com | India | Technology, Information and Internet | 501-1000 | Privately Held | 2007 | https://linkedin.com/company/canvera-com | |
| naaptol.com | naaptol.com | India | Retail | 501-1000 | Privately Held | 2008 | https://linkedin.com/company/naaptol-online-shopping-pvt--ltd | |
| northernarc.com | northernarc.com | India | Financial Services | 201-500 | Public Company | 2008 | https://linkedin.com/company/northern-arc-capital | |
| crio.do | crio.do | India | E-Learning Providers | 201-500 | Educational | 2018 | https://linkedin.com/company/criodo | |
| portal.bobcard.co.in | bobcard.co.in | India | Financial Services | 501-1000 | Public Company | 1994 | https://linkedin.com/company/bobcardofficial | |
| alumni.lvpei.org | lvpei.org | India | Hospitals and Health Care | 501-1000 | Nonprofit | 1987 | https://linkedin.com/company/lv-prasad-eye-institute-hyderabad | |
| portal.dmifinance.in | dmifinance.in | India | Financial Services | 501-1000 | Privately Held | 2008 | https://linkedin.com/company/dmi-finance-private-limited | |
| reports.sriramakrishnahospital.com | sriramakrishnahospital.com | India | Hospitals and Health Care | 5001-10000 | Educational | — | https://linkedin.com/company/sri-ramakrishna-hospital |
There are 12,629 companies and websites using Razorpay, sign up to download the entire Razorpay dataset.
Which Countries Use Razorpay the Most?
India accounts for 6,409 matched companies, 93.78% of the geographic base. The United States is a distant second at 196 (2.87%), then the United Kingdom (0.66%), the United Arab Emirates (0.29%), Singapore and Canada. This is the most single-country distribution in the category by a wide margin, which is what a gateway licensed and settled in one currency looks like.
Share of the 7,155 Razorpay domains we matched to a company record — 56.7% of the 12,629 we detect. Top 15 countries shown, so these do not sum to 100%. Domains with no matching company record are not represented here and skew small and independent.
Razorpay Market Share Among Payment Processing
Razorpay holds 0.15% of Payment Processing and ranks 15th of 50. The ranking is dominated by card network marks and wallet buttons that co-occur on the same checkout, so it measures checkout furniture rather than gateway choice. Filtered to India-based companies, where 93.78% of Razorpay's base sits, it ranks 2nd on 6,409 companies behind PayPal's 7,129, and 1st among India-native gateways ahead of Cashfree (1,147), Shopflo (935) and PayU (303).
Top Competitors by Market Share
Razorpay Customers by Company Size & Age
52.02% of matched Razorpay companies employ 1 to 10 people and 27.13% employ 11 to 50, so four in five are under fifty staff. The tail is real though: 5.33% are 201 to 500 and the named list reaches Apollo Hospitals, BYJU'S, Voltas and Muthoot Finance at over 10,000 employees. Razorpay is priced and packaged for the small end and has been adopted at the large one.
Company Size Distribution
Company Age (Founded Decade)
What Industries Use Razorpay the Most?
Retail Apparel and Fashion leads at 10.65%, followed by Non-profit Organizations (7.00%), Retail (6.83%), Technology, Information and Internet (6.61%), IT Services and IT Consulting (6.44%), Education (5.14%) and Education Administration Programs (4.12%).
Two clusters carry this distribution and neither is technology. Apparel and general retail together reach 17.48%, which is direct-to-consumer commerce. Education and education administration reach 9.26%, and non-profits add 7.00%: between them that is 16.26% of the base collecting fees and donations rather than selling goods. Recurring collection in rupees is the use case Indian gateways compete hardest on, and it is a sixth of Razorpay's measured install base.
Razorpay Alternatives & Competitors
We publish no switching corridors on this profile, and the reason is measurable rather than editorial. 952 domains have run both Razorpay and PayPal at some point and 778 of them still run both, an 81.72% overlap. Razorpay and Stripe are 84.28% on 458 domains. A checkout offers several payment methods at once, so a domain appearing under two payment names is nearly always coexistence rather than movement. The same test removed corridor rows from eleven payment profiles on this site in September 2026. Where Razorpay does compete head-to-head is against Cashfree, PayU and Shopflo, and none of those has a published profile here yet.
| Technology | Domains | Market Share |
|---|---|---|
| 1,575,738 | 19.16% | |
| 1,273,419 | 15.49% | |
| 1,203,619 | 14.64% | |
| 888,702 | 10.81% | |
| 888,384 | 10.8% |
Razorpay Customer Migration
Tech Stack of Razorpay-Powered Websites
Shopify appears on 40.40% of Razorpay domains, WordPress on 15.29% and WooCommerce on 4.99%, a genuine platform mix with no single carrier. The row worth stopping on is Tailwind CSS at 83.88%. Across gateways that is Shopflo 81.37%, Cashfree 34.83%, Stripe 25.92%, PayPal 22.18% and PayU 14.76%, so the figure tracks how recently a merchant's storefront was built. Razorpay sits on the newest storefronts in Indian commerce, and PayU, the older domestic gateway, sits on the oldest.
Ecommerce Platforms
Web Analytics
Tag Management
UI & CSS Frameworks
CDN
Expert Analysis: Razorpay Growth Trends & Key Signals for Sales Teams in 2026

A global rank that answers the wrong question
Razorpay is 15th in Payment Processing on 0.15% share. Nothing about that sentence is wrong and almost nothing about it is useful.
Look at what occupies the rows above it. PayPal on 1,575,738 domains, Apple Pay on 1,273,419, Shop Pay on 1,203,619, Visa on 888,702, Mastercard on 888,384, American Express on 823,048, Google Pay on 768,809. Those seven are not seven competing decisions. They are the logos on one checkout, and any reasonable store displays four or five of them simultaneously. We proved that on this site in September 2026, when a coexistence test across 51 payment pairs returned 50 coexistences and zero migrations, and we removed 154 corridor rows and 1.4 million claimed switchers from eleven profiles.
A gateway is different in kind. It is the thing that actually moves the money, a merchant has one, and adding a second is a project rather than a checkbox. Ranking a gateway against card marks is like ranking a bank against the currencies it holds.
The comparison that does answer it
93.78% of Razorpay's geolocated companies are Indian, which is the most concentrated distribution in the category. So we restricted the whole of Payment Processing to India-based companies and re-ranked.
Razorpay comes 2nd on 6,409 companies. Only PayPal is ahead, on 7,129, and PayPal in India is largely a cross-border acceptance method rather than a domestic gateway. Below Razorpay: Visa 2,388, Mastercard 2,373, American Express 2,095, Stripe 1,549. Among gateways actually headquartered in India, Razorpay is first by 5.6 times, with Cashfree at 1,147, Shopflo at 935 and PayU at 303.
That last figure is the one that surprised us. PayU has been operating in India since 2011, three years longer than Razorpay, with far deeper enterprise distribution. On the open web we find it on a twentieth as many merchant domains.
Why the gap is generational, and how we can tell
Tailwind CSS appears on 83.88% of Razorpay domains. That looked high enough to be a defect, so we ran the same measurement across the other gateways in the category as a control.
Shopflo 81.37%, Cashfree 34.83%, Stripe 25.92%, PayPal 22.18%, PayU 14.76%. The ordering is not about payments at all. Tailwind became the default way to build a storefront somewhere around 2021, so the share of a gateway's merchants using it is a proxy for when those merchants built their sites. Razorpay and Shopflo sit on storefronts built in the last few years. PayU sits on storefronts built before that.
The company-age data agrees independently: 44.01% of Razorpay's matched companies were founded in the 2020s and 39.38% in the 2010s, second only to Paddle among the payment technologies we profile. Razorpay did not take PayU's merchants. It signed the merchants that came after them, and in a market forming as fast as Indian direct-to-consumer commerce, that is the larger prize.
What this base is actually selling
Retail apparel and general retail reach 17.48% between them, which is the expected shape. The unexpected part is next to it: education and education administration at 9.26%, non-profits at 7.00%. That is 16.26% of the base collecting fees and donations rather than selling products, and it shows up in the named list as BYJU'S, Testbook, Sathyabama University, Khan Academy and the Public Health Foundation of India. Recurring rupee collection is unglamorous, poorly served by cross-border processors, and it is a sixth of what Razorpay is measurably used for.
Frequently Asked Questions
Who uses Razorpay?
Our live crawl finds Razorpay on 12,629 domains, resolving to 7,155 identifiable organisations. 93.78% of those with a known location are in India. Named users include Apollo Hospitals, BYJU'S, Voltas, Muthoot Finance, Ola Electric, Bisleri, Snapdeal, Bajaj Capital and Khan Academy. Apparel and general retail account for 17.48% of the base and education for 9.26%.
How many customers does Razorpay have?
We detect Razorpay on 12,629 active domains as of our August 2026 rollup, of which 7,155 resolve to a company record. Counts are domains rather than accounts: one merchant running several storefronts appears several times, and a merchant whose checkout sits behind a login we cannot reach may not appear at all.
What is Razorpay's market share?
Razorpay holds 0.15% of Payment Processing globally and ranks 15th of 50, but that ranking mixes gateways with card marks and wallet buttons that all appear on the same checkout. Restricted to India-based companies, Razorpay ranks 2nd on 6,409 companies behind PayPal's 7,129 and ahead of Visa, Mastercard, American Express and Stripe. Among India-native gateways it ranks 1st, 5.6 times Cashfree's 1,147.
What are the best alternatives to Razorpay?
In India the direct alternatives are Cashfree (1,147 India-based companies in our data), Shopflo (935) and PayU (303). Stripe reaches 1,549 India-based companies and PayPal 7,129, but both are usually present alongside a domestic gateway rather than instead of one. None of the three domestic alternatives has a profile on this site yet.
Which countries use Razorpay the most?
India dominates with 6,409 matched companies, 93.78% of the geographic base. The United States follows with 196 (2.87%), then the United Kingdom with 45 (0.66%), the United Arab Emirates with 20 and Singapore with 16.
What size companies use Razorpay?
52.02% of matched Razorpay companies employ 1 to 10 people and 27.13% employ 11 to 50. 12.14% are 51 to 200 and 5.33% are 201 to 500. Large enterprises are a small share of the count but include Apollo Hospitals, BYJU'S, Voltas and Muthoot Finance.
How old are companies that use Razorpay?
44.01% of matched companies were founded in the 2020s and 39.38% in the 2010s, with only 8.57% dating from the 2000s. Only Paddle (45.36%) has a younger base among the payment technology we profile, which is consistent with a gateway founded in 2014 growing alongside India's direct-to-consumer formation wave.
What is the ideal customer profile for Razorpay?
An Indian company of 1 to 10 employees, founded in the 2020s, selling apparel or general retail direct to consumers, or collecting fees and donations in education and the non-profit sector.
Is Razorpay bigger than Stripe in India?
In our data, yes. Restricted to India-based companies, Razorpay reaches 6,409 and Stripe 1,549, a 4.1x gap. Globally the relationship reverses: Stripe is on 215,894 domains against Razorpay's 12,629. The two are not competing for the same merchants in the same places.
Does Razorpay coexist with other payment methods?
Almost always. 778 of the 952 domains that have ever run both Razorpay and PayPal still run both, and the Razorpay and Stripe pair is 84.28% still-both on 458 domains. A checkout presents several methods at once, so seeing two payment names on one domain is normally coexistence. This is why we publish no switching corridors on this page.
What ecommerce platforms does Razorpay run on?
Shopify accounts for 40.40% of Razorpay domains, WordPress 15.29%, Elementor 10.29% and WooCommerce 4.99%. No single platform carries the majority, which distinguishes Razorpay from payment technologies that reach us mainly through one storefront vendor's bundled code.
Why is Razorpay's category ranking so low if it leads in India?
Because Payment Processing counts card network marks and wallet buttons alongside gateways. PayPal, Apple Pay, Shop Pay, Visa and Mastercard occupy the top five on millions of domains each, and a single checkout commonly displays four of them. A gateway is one decision per merchant, so a global rank built on that mixture is not measuring the same thing. The India filter is the comparison that answers the question people are actually asking.
Based on 7,155 company data
These insights include all TechnologyChecker.io detections of Razorpay (free & paid plans).