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Fintech platform Razorpay rejigs senior leadership team
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IANS | 29 Jun, 2022
Fintech
platform Razorpay on Wednesday appointed Murali Brahmadesam as head of
engineering and chief technology officer. Ex-CTO and co-founder Shashank
Kumar will now take on the new role of co-founder and managing director
at the company.
A veteran with more than two decades of
experience, Brahmadesam earlier worked at Amazon and Microsoft in
several technology and leadership roles.
"With over an
800-member engineering team today, we are constantly working towards
solving some of the toughest challenges that businesses face today, with
innovation at its core. Brahmadesam brings in-depth knowledge of
managing technology functions at scale," said Kumar.
Brahmadesam will drive the overall engineering strategy and development at Razorpay.
"Razorpay
has been at the forefront of inventing breakthrough products in
business payment and banking that are being relied upon by millions of
diverse businesses," said Brahmadesam.
Brahmadesam worked as
global engineering leader for Aurora Database Engines and Distributed
Storage at Amazon Web Services (AWS).
The fintech platform currently has 2,300 employees.
Founded in 2014 by Kumar and Harshil Mathur, the company provides technology payment solutions to over 8 million businesses.
Razorpay is the second Indian company to be a part of Silicon Valley's largest tech accelerator, Y Combinator.
Investors
such as Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global,
Sequoia Capital India, Ribbit Capital, Matrix Partners, Salesforce
Ventures, Y Combinator and MasterCard have invested $741.5 million in
the company to date.
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