Shashank Kumar

Early Life

Shashank Kumar, one of India's youngest billionaires, was born and raised in India. He developed an interest in technology and problem-solving early on. He graduated with a Bachelor of Technology degree from the Indian Institute of Technology Roorkee in 2012.

Rise to Success

Shashank Kumar co-founded Razorpay in 2014 with Harshil Mathur. The idea for Razorpay came from their shared frustration with the cumbersome online payment systems prevalent in India at the time. Razorpay quickly gained traction by simplifying payment processing for businesses across the country. The company secured $375 million in a Series F funding round in December 2021, which valued Razorpay at $7.5 billion. In 2025, Shashank Kumar and Harshil Mathur, both 34 years old, became India's youngest billionaires with a net worth of ₹8,643 crore each. Before Razorpay, Kumar worked as a software development engineer at Microsoft.

Key Business Strategies

Razorpay's key strategies include focusing on providing a seamless and user-friendly payment gateway for businesses, expanding into new financial services such as RazorpayX and Razorpay Capital, and acquiring other companies to enhance its offerings. The company is focused on the startup space and serves 86 of the top 100 unicorns in India.

Philanthropy

Details of Shashank Kumar's specific philanthropic activities and amounts are not readily available through public sources.