Payment gateway and financial services platform for businesses.
Razorpay vs BHIM UPI
Detailed side-by-side comparison of features, pricing, and origin.
BHIM UPI Government-backed unified payment interface for instant digital payments across banks and payment apps in India
Comparison Matrix
- Ownership
- Acquired vs Swadeshi
- Pricing Mode
- Standard vs Free
- Headquarters
- Bengaluru, Karnataka vs Mumbai, Maharashtra
Platform Availability
Razorpay
Not specified
BHIM UPI
WebiOSAndroid
Feature Comparison
Unique to BHIM UPI
- Indian alternative to PhonePe
- Financial management
- Secure transactions
Ownership Background
Razorpay
- Founded
- 2014
- Acquired By
- Tiger Global, Peak XV Partners (Sequoia), GIC, Lone Pine Capital
- Acquirer Country
- United States, Singapore
- Impact
- One of India's leading payment gateways majority-owned by foreign venture capital firms
Editorial Analysis
In the Finance space, Razorpay (Bengaluru, Karnataka) and BHIM UPI (Mumbai, Maharashtra) represent different approaches to the same problem.
Key Differences: BHIM UPI offers broader platform support with 3 platforms. BHIM UPI provides more features (3 documented). BHIM UPI stands out with free pricing.
Ownership Note: Razorpay was acquired by Tiger Global, Peak XV Partners (Sequoia), GIC, Lone Pine Capital (United States, Singapore) in N/A (Investment). Significant foreign ownership with Tiger Global alone holding 25-30% stake. Despite 2025 reverse flip to India for IPO, foreign investors likely control majority equity
By choosing BHIM UPI, you directly support India's technological sovereignty and ensure your data stays within the country.