Head to head · Invoicing software
Razorpay Invoices vs Instamojo
Pricing, features, India readiness and rating compared. Razorpay Invoices rates highest.
GST invoices with Razorpay payment links and automatic reminders.
| Compare | Razorpay Invoices | Instamojo |
|---|---|---|
| Category | Invoicing software | Invoicing software |
| Vendor | Razorpay | Instamojo |
| Headquarters | Bengaluru, Karnataka | Bengaluru, Karnataka |
| Made in India | Yes | Yes |
| Starting price | Free | Free plan |
| Free plan | Yes | Yes |
| Free trial | No | Yes |
| Published pricing | Yes | Yes |
| Deployment | cloud | cloud |
| Mobile apps | No | No |
| Founded | 2014 | 2012 |
| Best for | Startup, Small business, SMB | Startup, Small business, SMB |
| App Advisor rating | 4.8 / 5 | 4.7 / 5 |
Razorpay Invoices: pros & cons
- +Completely free to use
- +Built in India with GST-ready workflows and local support hours
- +12 years in business — a mature, stable product
- +Covers more than one software category, reducing the number of tools you run
- −Feature depth for your specific workflow should still be verified in a demo
Key features
- Branded invoice templates
- Recurring and subscription invoices
- Online payment links and gateways
- Automated payment reminders
- Receivables ageing reports
- Multi-currency invoicing for exports
Instamojo: pros & cons
- +Free plan available to evaluate at zero cost
- +Built in India with GST-ready workflows and local support hours
- +14 years in business — a mature, stable product
- +Covers more than one software category, reducing the number of tools you run
- −Feature depth for your specific workflow should still be verified in a demo
Key features
- Branded invoice templates
- Recurring and subscription invoices
- Online payment links and gateways
- Automated payment reminders
- Receivables ageing reports
- Multi-currency invoicing for exports
Get an instant demo
See Razorpay Invoices live, with an App Advisor discount
Frequently asked questions
Which is better, Razorpay Invoices or Instamojo?+
Razorpay Invoices scores higher on App Advisor's rating (4.8/5) for pricing transparency, India readiness and maturity. The right choice depends on your workflow — request demos of both.
Is Razorpay Invoices cheaper than Instamojo?+
Razorpay Invoices starts at Free and Instamojo at Free plan. Compare per-user costs at your team size, and remember GST is added on top.
Can I switch from Razorpay Invoices to Instamojo?+
Most invoicing software products import CSV or Excel data; check whether historical records, attachments and integrations move too before you switch.

