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Harshil Mathur: AI Is Compressing Every Moat

Y Combinator · 20.8K views · 2026-05-06 · 31:35

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Razorpay is India's largest payments platform, processing over $180 billion annually. They were also the first Indian company YC ever invested in, and went through the W15 batch. In this fireside at Startup School India, co-founder and CEO Harshil Mathur sat down with YC's Jon Xu to talk about the early days of building a payments company in India, the near-death moments that shaped the company's culture, and what he's learned about staying in founder mode ten years in.

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