Harshil Mathur is the co-founder and CEO of Razorpay, one of India’s largest fintech startups in India. He founded it with his IIT Roorkee classmate Shashank Kumar in 2014, and it grew from a payment gateway for developers into a full financial platform for businesses. Razorpay now has regulatory approval for its IPO. This article covers his age, education, net worth, the Razorpay journey and what comes next.
Who is Harshil Mathur?
Harshil Mathur was born in 1991 in Jaipur, Rajasthan. He is the CEO of Razorpay, which provides payments, neobanking and lending products to businesses. Before starting up, he worked as a wireline field engineer in the energy sector.
| Company | Razorpay |
| Age | 35 years |
| Net Worth | $1 billion (roughly ₹8,600–9,800 crore) as per forbes |
| Education | IIT Roorkee |
| Marital Status | Married to Rishika Sinha |
Harshil Mathur Age
Harshil Mathur’s age is 35 in 2026. He was born in 1991 and became a billionaire in his early thirties, which put him among India’s youngest billionaires.
Harshil Mathur Education
Mathur studied at IIT Roorkee, where he met Shashank Kumar. The two built projects together at the campus coding club SDSLabs. After graduating, he worked in the energy sector before turning to entrepreneurship. Razorpay later went through Y Combinator, the US startup accelerator.
How Harshil Mathur Started Razorpay
Harshil Mathur and Shashank Kumar founded Razorpay in December 2014. They set out to give businesses a simple, developer-friendly way to accept online payments. Y Combinator gave them early backing and credibility.
Over the years, Razorpay expanded well beyond its gateway:
- Payment gateway: online payments for startups and large enterprises
- RazorpayX: neobanking and business banking tools
- Razorpay Capital: lending for businesses
- Expansion: international markets, including Malaysia through Curlec
Shashank Kumar is the co-founder and managing director. For more founders building India’s fintech sector, see Kunal Shah of CRED and Ashneer Grover of BharatPe, or browse fintech startups in India.
Who is the Owner of Razorpay?
No single person owns Razorpay. It is a venture-backed company held by its founders and institutional investors, which have included Y Combinator, Sequoia (now Peak XV), Ribbit Capital, GIC, Tiger Global, Lightspeed and Matrix Partners.
Who is the CEO of Razorpay? Harshil Mathur is the co-founder and CEO.
Razorpay Valuation and IPO
Razorpay raised $375 million at a $7.5 billion valuation in December 2021. Reports place its latest private valuation at about $9.2 billion.
The IPO is now moving ahead. Razorpay confidentially filed its draft papers with SEBI in June 2026. On 3 November 2026, reports said it received SEBI’s approval for an IPO of about ₹5,000–6,000 crore. It is expected to list around the fourth quarter of FY27 at a valuation of roughly $5 billion, below the $9.2 billion private mark.
Harshil Mathur Net Worth in 2026
Harshil Mathur’s net worth is estimated at about $1 billion (roughly ₹8,600–9,800 crore). Hurun and Forbes put it near that level, while one wealth-list site shows a higher figure. These are estimates, since Razorpay is not yet listed.
Almost all of his wealth is his stake in Razorpay. The planned IPO valuation is lower than the last private valuation, so his paper wealth could change once the market prices the company.
Is Harshil Mathur a billionaire? Yes, on the Hurun and Forbes estimates, he is one of India’s youngest billionaires. Shashank Kumar shares that ranking.
Harshil Mathur’s Roots in Rajasthan
Mathur grew up in Jaipur. His story is part of a wider pattern of founders from outside India’s biggest metros. Read more on startups in Jaipur and in our Founders section.
FAQs
He was born in 1991, so he is 35 in 2026.
About $1 billion (₹8,600–9,800 crore), according to Hurun and Forbes estimates.
He studied at IIT Roorkee.
Harshil Mathur is the co-founder and CEO.
No single person. Razorpay is owned by its founders and investors.
Harshil Mathur and Shashank Kumar, in December 2014.
Razorpay joined Y Combinator’s accelerator in its early days. It gave them funding, mentorship and visibility with US investors.
Yes, on Hurun and Forbes estimates, though the figure depends on Razorpay’s valuation.
SEBI approved it in November 2026. A listing is expected around Q4 of FY27.