Company Directory - Razorpay
Company Details - Razorpay
Razorpay
WebsiteBangalore, India
Razorpay is a leading financial technology company in India that provides online payment solutions for businesses, enabling them to accept, process, and disburse payments seamlessly through various methods such as cards, net banking, and wallets.
CCI Score
CCI Score: Razorpay
-21.73
0.01%
Latest Event
Razorpay Enhances Cultural Integration and Employee Well-being
Razorpay has implemented a range of initiatives to foster a progressive and inclusive work culture. The company emphasizes employee integration by facilitating open communication, aligning teams post-acquisition, and rolling out inclusive policies such as comprehensive health insurance, wellness leaves, and unique benefits aimed at supporting diverse employee needs.
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ACCOMPLICE
Razorpay is currently rated as an Accomplice.
Latest Events
- OCT012023
Razorpay has implemented a range of initiatives to foster a progressive and inclusive work culture. The company emphasizes employee integration by facilitating open communication, aligning teams post-acquisition, and rolling out inclusive policies such as comprehensive health insurance, wellness leaves, and unique benefits aimed at supporting diverse employee needs.
+80
Labor Relations and Human Rights Practices
October 1
Razorpay's initiatives, including proactive measures for cultural integration of acquired teams, the emphasis on open and frequent communication, and the rollout of inclusive employee benefits that cover same-sex partnerships, gender reassignment, and broader healthcare needs, demonstrate a strong commitment to upholding labor rights and human dignity. These employee-first practices reflect a progressive approach to business ethics, enhancing worker rights and inclusion.
How Has Razorpay Cracked The Code Of Cultural Integration Of Employees?
- OCT012023
Reports from social media and online discussions on Grapevine indicate that Razorpay is engaging in silent layoffs, enforcing forced performance improvement processes, and fostering a toxic work culture with minimal care for employee welfare, including inadequate severance practices and stagnant career growth.
-60
Labor Relations and Human Rights Practices
April 16
The article highlights internal labor issues including silent layoffs, forced PIPs, and a toxic culture driven by leadership practices. These actions undermine worker rights and fair labor practices, contributing to an environment that neglects employee welfare and propagates unfair treatment.
- JUL092022
An article reported that police compelled Razorpay to share donor data belonging to Alt News, raising concerns over the protection of sensitive donor information and the potential targeting of dissenting voices.
-70
Public and Political Behavior
April 16
Razorpay's decision to comply with police demands and share Alt News' donor data is problematic from an anti-fascist perspective as it potentially aids state surveillance and the suppression of dissent. This action undermines the privacy and safety of individuals supporting independent media and fact-checking initiatives.
- JUL062022
Razorpay issued a clarification following allegations by AltNews that it shared donor data with police and deactivated the AltNews donation account, amid claims that co-founder Muhammad Zubair accepted foreign donations via Razorpay. The company stated it adheres to Indian laws and has acted in compliance with a legal order under Section 91 of the CRPC.
-25
Public and Political Behavior
April 16
Razorpay’s actions—sharing sensitive donor data with police without prior notification to AltNews and temporarily deactivating the donation account—raise concerns about their role in facilitating state surveillance and political control. Although the company claims legal compliance, these measures can be perceived as aligning with authoritarian practices that target dissenting voices.
-10
Business Practices and Ethical Responsibility
April 16
By deactivating and later reactivating the donation platform account for AltNews following a police request, Razorpay demonstrates a business practice that prioritizes legal compliance over protecting the operational autonomy of independent media. This reactive measure, while legally mandated, can be seen as indirectly contributing to an environment where corporate actions support state interventions in civil society.
- JUL052022
Alt News alleged that Razorpay handed over donor data to Delhi Police without prior notification, leading to the temporary deactivation of Alt News’ donation account. Razorpay stated that it was mandated to comply with a written order from legal authorities under Indian law.
-50
Provision of Repressive Technologies
April 16
By sharing donor data with Delhi Police in response to a legal order—without transparency regarding the specifics of the investigation—Razorpay's action potentially facilitates state surveillance and suppression of dissent, thereby contributing to authoritarian practices. This compliance, while legally mandated, raises concerns about privacy and the chilling effect on critical voices such as Alt News.
- JUL052022
Following the arrest of journalist Mohammed Zubair, Razorpay provided donor data to Delhi Police in compliance with a legal request under Section 91 of the CrPC. This disclosure, made despite concerns over privacy and possible misuse of donor information, has raised alarm over potential state surveillance and the chilling effect on dissent.
-50
Public and Political Behavior
April 16
Razorpay's compliance in handing over sensitive donor data facilitates state surveillance and could suppress dissent by exposing supporters of independent media. Although the action was legally compelled, it plays into a broader system that undermines free speech and contributes to authoritarian practices.
Did Razorpay Have A Choice When It Gave Out Data After Zubair's Arrest?
-40
Business Practices and Ethical Responsibility
April 16
By complying with the legal request to share donor data without contesting the order, Razorpay compromised the confidentiality of its customers. This practice not only undermines customer trust but also indirectly supports an environment where state overreach and authoritarian use of data is normalized.
Did Razorpay Have A Choice When It Gave Out Data After Zubair's Arrest?
- JUL042022
Razorpay complied with a written order under Section 91 CrPC by sharing donor data with Delhi Police and temporarily blocked Alt News’ account, raising concerns over user privacy and corporate responsibility in resisting authoritarian overreach.
-40
Public and Political Behavior
April 16
Razorpay's uncritical compliance with legal orders—blocking Alt News and providing donor data without contesting the request—illustrates a willingness to side with state authorities over protecting free expression and user rights.
The Razorpay-Alt News Controversy Opens Up a Can of Worms That Should Be Addressed
-50
Business Practices and Ethical Responsibility
April 16
By not challenging the legal order and thereby compromising user data privacy, Razorpay neglects its ethical responsibility toward safeguarding customer information, reflecting poor business practices.
The Razorpay-Alt News Controversy Opens Up a Can of Worms That Should Be Addressed
-30
Technology and Services Impact
April 16
Razorpay’s role as a digital payments provider is compromised by its facilitation of state surveillance measures, which erode trust in technology platforms and underscore the risks of authoritarian intervention in data management.
The Razorpay-Alt News Controversy Opens Up a Can of Worms That Should Be Addressed
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Industries
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- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services
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- Financial Transactions Processing, Reserve, and Clearinghouse Activities
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