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Razorpay founders get majority control of board: Report
short by Arundhati Rawat / on Tuesday, 25 June, 2019
Online payments solution provider Razorpay's co-founders Harshil Mathur and Shashank Kumar have reportedly amended their board rights, giving them majority control of their board. They will reportedly now hold two votes per board seat, while investors will hold one vote per seat. Razorpay reportedly has five board seats wherein Tiger Global, Sequoia Capital and Ribbit Capital hold one seat each.
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