Fintechs famous platform Razorpay announced that it has acquired Mumbai-based digital invoicing and customer engagement startup BillMe.Fintechs Rozarpay acquires digital invoicing startup BillMe According to a release, the partnership aims at empowering businesses with a hybrid model to engage better with end customers.However, the company did not disclose the deal value in its release.Speaking about the latest deal, Razorpay Managing Director and Co-founder Shashank Kumar said, “…now with Razorpays merchant relations and strong understanding of the market, we will together enable a large base of offline retail brands to enjoy the best of both worlds, grow faster, and get seamless access to omnichannel payment solutions.”About BillMeNotably, the BillMe was founded in 2018 by Kuber Pritmani, Jai Hemrajani and Rupam Jain. Since then, it has served more than 4,000 businesses and 15,00 retail Points Of Sale (POS).BillMe co-founder Kuber Pritmani said, “Given the synergies between our cultures, values, and visions, we look forward to co-transforming the cycle of customer engagement alongside Razorpay, and thereby bring about a greater impact and experience for end-consumers.”Basically, this is a Bengaluru-based Fintechs eighth acquisition. Also, the first since its foray into omnichannel payments with the acquisition of end-to-end digital payments company Ezetap in August 2022.
