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E-Commerce · head to head

Inventory Lab vs Razorpay

Inventory Lab logo

Inventory Lab

E-Commerce

FBA inventory management made simple

From
Free
Rated
-
Full reviewWebsite
Razorpay logo

Razorpay

E-Commerce

Indian payment gateway for domestic and international card, UPI and wallet acceptance

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Inventory Lab has a free tier, so it costs nothing to try first.
  • Each has a real cost: Inventory Lab inventoryLab is no longer sold standalone and is now bundled into Three Colts' Seller 365 plans starting at $69 per month for a single user, rising to $199 per month for the Pro tier; Razorpay it requires an Indian legal entity and settles only to Indian bank accounts, so it is not an option for a business incorporated elsewhere no matter how many Indian customers it has.
  • They diverge on capability: Inventory Lab covers FBA inventory tracking, Razorpay covers Domestic payment methods.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Inventory Lab and Razorpay actually diverge.

Attributes where Inventory Lab and Razorpay differ
AttributeInventory LabRazorpay
Starting priceFreeOn request
Pricing modelsubscriptiontransaction
Free tierYesNo
Founded2011Unknown

Identical on both: platforms (Web), user rating (Not yet rated), category (E-Commerce).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Inventory Lab

  • FBA inventory tracking
  • Repricing automation
  • Price monitoring
  • Sales analytics
  • Profit calculations
  • Supplier management
  • Alerts and notifications
  • Forecasting tools

Only in Razorpay

  • Domestic payment methods
  • International cards
  • Payment links and pages
  • Route
  • RazorpayX
  • Subscriptions
  • Smart Collect
  • Dashboard and reporting

What people use each for

The jobs each tool is most often brought in to do.

Inventory Lab

  • Amazon seller managementnot Razorpay
  • multi-channel resellingnot Razorpay
  • inventory trackingnot Razorpay

Razorpay

  • An Indian D2C brand needing UPI acceptance alongside cards in a single checkoutnot Inventory Lab
  • An Indian SaaS business billing domestic customers on recurring mandatesnot Inventory Lab
  • A marketplace that must split each payment between the platform and its sellersnot Inventory Lab
  • A business that needs to take payment without building a website, using links and pagesnot Inventory Lab

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Inventory Lab

  • InventoryLab is no longer sold standalone and is now bundled into Three Colts' Seller 365 plans starting at $69 per month for a single user, rising to $199 per month for the Pro tier
  • Multichannel listing requires the separate UniCon add-on, priced from $49 to $449 per month depending on tier

Razorpay

  • It requires an Indian legal entity and settles only to Indian bank accounts, so it is not an option for a business incorporated elsewhere no matter how many Indian customers it has.
  • The transaction percentage applies to the full order value including shipping and tax rather than to the product price, so low margin categories with heavy shipping give up more of their margin than the quoted rate suggests.
  • Payment aggregator authorisation sits with the Reserve Bank of India and has been withheld from aggregators before while applications were reviewed, so a dependency exists that no commercial contract term protects you from.
  • Default settlement runs on a delayed cycle with faster settlement sold as a paid add-on, so a business that buys stock from its takings either waits for cash or pays extra for it, and that cost belongs in the effective rate.
  • International card acceptance is priced higher and requires separate approval rather than being a configuration change, so cross-border revenue takes longer to switch on and earns less per order than a domestic sale.

Pricing, plan by plan

Inventory Lab

Free
  • Standard$69/month
    • access to 10 tools
    • 1 user account
    • designed for independent resellers
  • Teams$129/month
    • all 10 tools
    • up to 10 users
    • shared workflows and collaboration
  • Pro$199/month
    • all pro versions of 10 tools
    • up to 10 users
    • premium support under 30-minute response time
  • Enterprise$null/custom
    • more than 10 users
    • custom terms

Razorpay

On request
  • Domestic Payments$undefined/mo
    • 2% platform fee per successful transaction across all payment instruments
    • GST: 18% applies on the platform fee
    • No setup fees, annual maintenance charges, or refund fees
  • Corporate Cards$undefined/mo
    • 2.15% platform fee per transaction
  • International Payments - Cards$undefined/mo
    • Up to 3% per successful transaction
  • International Payments - Bank Transfers$undefined/mo
    • 1% per transaction with zero forex markup

Which should you pick?

Choose Inventory Lab if

  • You need fba inventory tracking.
  • You want to start without paying.
  • You also want repricing automation.
Inventory Lab review

Choose Razorpay if

  • You need domestic payment methods.
  • You also want international cards.
Razorpay review

Questions people ask

Is Inventory Lab or Razorpay better?
Neither clearly leads. Inventory Lab starts at Free and Razorpay at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Inventory Lab or Razorpay?
Inventory Lab has a free tier; the other does not. Paid plans start at Free for Inventory Lab and On request for Razorpay.
Does Inventory Lab or Razorpay run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use Inventory Lab for free?
Yes. Inventory Lab has a free tier, so you can try it without paying. Razorpay starts at On request.
What is Inventory Lab best used for?
Inventory Lab is most often used for amazon seller management, multi-channel reselling, inventory tracking. Of those, amazon seller management and multi-channel reselling are not what Razorpay is typically brought in for.
What can Inventory Lab do that Razorpay cannot?
Inventory Lab covers FBA inventory tracking, Repricing automation, Price monitoring, Sales analytics. Razorpay covers Domestic payment methods, International cards, Payment links and pages, Route.

Answered from the vendors’ own pages

Inventory Lab: What is the free trial period for Inventory Lab?

Inventory Lab offers a 14-day free trial, with bonus days awarded when connecting Amazon accounts.

Source
Razorpay: Can I use Razorpay if my company is not in India?

No. It requires an Indian entity and an Indian bank account for settlement. Overseas businesses selling into India need a different arrangement.

Inventory Lab: Can I save money on Inventory Lab with annual billing?

Yes, annual billing saves money: Standard saves $48/year, Teams saves $120/year, and Pro saves $192/year compared to monthly billing.

Source
Razorpay: What is the real effective rate?

The domestic percentage on the full order value including shipping and tax, plus higher international rates, plus any charge for faster settlement and dispute handling. Compute it from a month of settlement reports, not the pricing page.

Inventory Lab: Is there an add-on to use Inventory Lab on channels beyond Amazon?

Yes, the UniCon multichannel add-on is available starting at $49/month for expanding beyond Amazon.

Source
Razorpay: How quickly do I get paid?

On a delayed settlement cycle by default, with faster settlement available as a paid feature. Plan working capital around the default, not the add-on.

Razorpay: What is the main structural risk?

Regulatory. Indian payment aggregators operate under RBI authorisation and have previously been barred from onboarding new merchants. Keep a second processor integrated if payments are business-critical.

Razorpay: Does it support recurring billing?

Yes, built on India's mandate and e-mandate framework, which has its own rules on authentication and notification that differ from card-on-file recurring elsewhere.

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