ReferIndia News Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup School

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Regulations slow growth but reward patient founders: Razorpay’s Harshil Mathur at YC Startup School

Published on: April 18, 2026, 7:57 p.m. | Source: The Economic Times

Razorpay CEO Harshil Mathur highlighted the advantages of operating in regulated spaces, noting the company's explosive growth in India's payments market, now exceeding $180 billion in volume. He shared early challenges, including a bank pulling support, but emphasized how adaptability, like embracing UPI, fueled their success, especially during the pandemic's D2C boom.

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