SalesUPRazorpayX
Outbound

Consistent SQLs for Two RazorpayX Products, Zero New Headcount

Razorpay, one of India's leading payments and business banking platforms, needed more qualified leads for RazorpayX AP and Payroll without growing its SDR team.

SalesUP ran a separate pay-per-lead program for each product.

RazorpayX case study
The transformation

From a clear constraint to a measurable result

  1. 01

    Starting point

    Internal SDR capacity was committed, and leads had to clear Razorpay's qualification bar, not just book a call.

  2. 02

    First move

    SalesUP split the program by product, each with its own ICP, list, script and SQL criteria.

  3. 03

    Verified outcome

    ~15SQLs / product / month

    About 15 SQLs per product per month for a year, with no new internal SDR capacity.

Key numbers

SQLs / product / month
~15
SQLs / product / month
~15
Engagement
~1 year

About RazorpayX

RazorpayX

Business banking, payouts and payroll for growing companies

Razorpay powers payments for Indian businesses. RazorpayX is its business banking suite, including Accounts Payable automation and Payroll, sold to finance leaders and founders at growing companies.

The business challenge

  • Two products, two buyers

    Finance teams buy AP, while HR and finance teams buy Payroll.

  • SDR capacity already committed

    Internal SDR capacity was already committed.

  • A real qualification bar

    Leads had to meet Razorpay's qualification bar, not just book a call.

The engagement

How the work unfolded

Each step in the order it was built and run.

  1. 01

    Split by product

    Own ICP, list, script and SQL criteria per product.

  2. 02

    End-to-end qualification

    End-to-end outreach and qualification, handing over only SQLs.

  3. 03

    Per-lead pricing and partners

    Priced per qualified lead; partner channel to accounting and IT firms advising RazorpayX buyers.

How SalesUP ran the RazorpayX program
The strategy

The channels behind the result

  • Outbound

    A program per product

    Separate ICPs, lists and scripts for AP and Payroll, handing over only qualified SQLs.

    SQLs / product / month
    ~15
    Product lines
    2
  • Partners

    Advisors as a channel

    A partner channel to accounting and IT firms advising RazorpayX buyers, priced per qualified lead.

    Partner meetings handed over
    402
    Partner meetings completed
    223

The outcome

Why it matters

RazorpayX received ~15 SQLs per product per month for about a year, without adding internal SDR capacity.

The relationship has since expanded to Razorpay Payment Gateway, cross-border payments and inbound qualification.

The math

SQLs / product / month
~15
SQLs / product / month
~15
Engagement
~1 year

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