Razorpay Says No Funds Frozen by ED Following Raids, All Operations Adhere to Regulatory Guidelines

Razorpay Says No Funds Frozen by ED Following Raids, All Operations Adhere to Regulatory Guidelines

Payments solution provider Razorpay, which was raided by the Enforcement Directorate recently, in a statement said that it has cooperated with the agency and its funds have not been frozen. “This recent visit by the ED is part of the ongoing investigation against a few suspicious entities who conducted illegal…