Razorpay partners Replit to enable UPI payments and app monetisation

Core Insights - Razorpay has partnered with Replit to support payments and monetisation for AI-first builders in India, integrating local payment methods for Indian users [1][2] - The partnership aims to provide a local checkout experience for cross-border subscription transactions using Razorpay's International Payments Suite [2] - Razorpay's payment stack will be embedded in the Replit platform to facilitate in-app monetisation, handling compliance and foreign exchange [3] Integration Details - Developers can create applications on Replit with Razorpay's monetisation layer included, allowing for immediate acceptance of UPI and card payments from Indian users [4] - The integration is designed to help builders transition from ideas to paid products quickly and compliantly [6] Strategic Context - Razorpay's CEO emphasized the importance of monetisation in the AI-driven product development landscape in India [5] - The partnership with Replit follows Razorpay's collaborations with other AI companies, enhancing its focus on embedding payments and compliance into AI-led software creation [6] Future Plans - Razorpay has appointed four investment banks as advisors in preparation for a proposed initial public offering (IPO), targeting a potential IPO around mid-year [7]