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Razorpay launches app store for merchants, enters health insurance space
Razorpay, which became a unicorn recently, will be launching new business products including health insurance on its platform for small and medium enterprises (SMEs) through partners.It will also add seven languages - Hindi, Kannada, Tamil, Telugu, Marathi, Gujarati, and Bengali - for payments as it witnesses higher merchant sign-ups in smaller cities and towns.Also Read: In China, live-streaming influencers corner mutual funds distributionCurrently, of the total 5 million merchants on its platform, 15% are from Tier 3 and 4 cities, as covid-19 accelerated digital adoption.