Bengaluru-based payments infrastructure firm Juspay has raised $50 million in a Series D follow-on funding round from WestBridge Capital, the company said in a statement.
The round comprises a mix of primary and secondary capital, with Avendus Capital acting as the exclusive financial advisor to Juspay on the transaction.
The latest investment values Juspay at $1.2 billion, up from approximately $900 million in its previous round, making it the first startup to enter the unicorn club in 2026.
Use of Capital and Secondary Liquidity
Juspay said the primary portion of the funding will be used to support international expansion and continued product development, while the secondary component will offer partial liquidity to early investors and employees holding ESOPs. This marks the company’s second secondary liquidity event within the last year.
Operational Scale
The fundraise comes amid sustained operating momentum. Juspay said its annualised total payment volume (TPV) has crossed $1 trillion, with the platform now processing over 300 million transactions daily.
The company works with enterprises and banks across sectors including ecommerce, travel, food delivery, insurance and financial services, and has expanded operations across Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America.
Product and Technology Focus
Founded in 2012, Juspay develops payments infrastructure built on open-source and interoperable systems. Its product suite includes payment orchestration, authentication, tokenisation, and core payments infrastructure for banks. The company is also investing in artificial intelligence-led tools to improve merchant performance and internal efficiency.
Funding History and Financials
In April 2025, Juspay raised $60 million in a Series D round led by Kedaara Capital, with participation from SoftBank and Accel. Earlier, it raised $60 million in a Series C round in December 2021.
For the financial year ended March 2025, Juspay reported operating revenue of ₹540 crore and a net profit of ₹62.28 crore.
Headquartered in Bengaluru, the company works with over 500 enterprises and banks globally and employs more than 1,500 people across multiple regions.
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