Fintech platform Razorpay on September 12 mentioned it has acquired Mumbai-based digital invoicing and buyer engagement startup BillMe.
The partnership goals at empowering companies with a hybrid mannequin to interact higher with finish customers, in line with a launch.
The firm didn’t disclose the deal worth.
“…now with Razorpay’s merchant relations and strong understanding of the market, we will together enable a large base of offline retail brands to enjoy the best of both worlds, grow faster, and get seamless access to omnichannel payment solutions,” Razorpay Managing Director and Co-founder Shashank Kumar mentioned.
Founded in 2018 by Kuber Pritmani, Jai Hemrajani and Rupam Jain, BillMe has served over 4,000 companies and 15,000 retail Points Of Sale (POS).
“Given the synergies between our cultures, values, and our visions, we look forward to co-transforming the cycle of customer engagement alongside Razorpay, and thereby bring about a greater impact and experience for end-consumers,” BillMe Co-founder Kuber Pritmani mentioned.
This is the Bengaluru-based fintech’s eighth acquisition, and first since its foray into omnichannel funds with the acquisition of end-to-end digital funds firm Ezetap in August 2022.