Razorpay appoints former AWS executive Murali Brahmadesam as new CTO

Technology veteran will lead fintech unicorn's engineering strategy and development

Razorpay
Razorpay
Peerzada Abrar Bengaluru
2 min read Last Updated : Jul 04 2022 | 1:45 PM IST
Fintech unicorn Razorpay has appointed Murali Brahmadesam, a former executive of Amazon Web Services (AWS), as head of engineering and chief technology officer.

The role was held by Razorpay’s co-founder, Shashank Kumar, who is now designated the company’s co-founder and managing director.

Brahmadesam has more than two decades of experience in managing diverse technology functions at scale, said Razorpay. He worked at Microsoft and Amazon, handing tech and leadership roles in India and the US.

“With over an 800-member engineering team today, we are constantly working towards solving some of the toughest challenges that businesses face today, with innovation at its core,” said Kumar. “Murali (Brahmadesam) brings in-depth knowledge of managing technology functions at scale.”

Kumar will continue working on the company's long-term plans for engineering, product and functions for the RazorpayX and Razorpay Capital businesses. Brahmadesam will drive the overall engineering strategy and development.

"I look forward to working with the team and joining Razorpay’s mission to build the central nervous system for fintech in India," said Brahmadesam.

Last December, Bengaluru-based Razorpay raised $375 million in a Series F round of funding at a $7.5-billion valuation, making it India’s second-most valuable start-up in this space, after Paytm. Razorpay’s valuation has increased more than seven times in 15 months, helping it push Walmart-owned digital payments firm PhonePe to the third spot on the country’s most-valuable fintech companies list.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
Subscribe to Business Standard digital and get complimentary access to The New York Times

Quarterly Starter

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Razorpay

Next Story