“We are one of the largest payments providers in the Indian ecosystem. We want to take the learnings we have in India to the Southeast Asian market. Before the end of the financial year, we want to launch in one or two Southeast Asian markets,” said Mathur, adding that the new round gives it the valuation to more confidently explore some M&A opportunities to accelerate growth.

https://techcrunch.com/2021/04/18/razorpay-160-million-raise-valuation-hits-3-billion/