razorpay payments entity fy23 profit: Razorpay's payments entity reports flat profit of Rs 7.3 crore in FY23

Razorpay Software Pvt Ltd saw its revenue from operations grow 54% in FY23 to Rs 2,279 crore from Rs 1,481 crore in FY22. Employee benefits and salaries were one of the biggest cost centres for the startup, comprising 28% of the total expenses.

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