New kid on the block

Stripe Inc will need a new set of stripes for India

The hip payment solutions company is weeks away from a limited roll-out in India. In a crowded market, Stripe needs to draw a new strategy to find acceptance

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Stripe Inc, the San Francisco-based payment solution unicorn, went under the radar after it hired its country head, last year. But the company is now working towards a limited roll-out of its services to a few users on an invite-only basis. The limited launch is expected in a few weeks, said three sources who are aware of the development.

Stripe said that it did not wish to comment on this.

Valued at $9 billion, Stripe has a two-member team based in Bengaluru. Both former senior Amazon executives, Anand Balaji and Ashwin Bhatnagar, have…

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