Razorpay — Money Hoarding on the pretext of KYC

Address:

E-Rising India P Ltd., A-74/2, MIDC Koparkhairna, DAKC, Thane,

This is to inform that Razor pay is hoarding MSME monies for petty reasons. Neither they have an accessible phone number nor they respond on mails appropriately. EVEN THEIR NODAL OFFiCER DOES NOT RESPOND WITHIN TIME. Now, they are hoarding Rs.1.5 Mln since past 6 months or so and no amount of mails written to them is moving these thick skinned guys. They are asking us to indemnify them for all their mistakes. They never call back even if we give our phone number. Being MSME, it is very important to get funds on time but Razor Pay is squeezing MSMEs itself. I hope RBI takes note of this issue and gives sanitizes these corrupt malpractices of this company. This is crazy.