Bangalore-based payments technology firm Juspay has successfully secured US$50 million in a Series D follow-on funding round, elevating its valuation to US$1.2 billion and marking its entry into the coveted unicorn club. The investment was led by homegrown private equity firm WestBridge Capital and included both primary and secondary transactions. This latest capital infusion underscores strong investor confidence in Juspay's robust growth and strategic position within the global payments ecosystem.
Strategic Funding and Global Ambitions
The funding round was structured to fuel future growth while also rewarding early stakeholders for their contributions. The primary capital is earmarked for accelerating Juspay's global expansion and advancing its product development pipeline. The secondary component provided a valuable liquidity event for early investors and employees, the second such opportunity facilitated by the company in the past year.
Impressive Scale and Market Penetration
Juspay's operational performance continues on a remarkable upward trajectory, solidifying its position as a key payments infrastructure player. The company now processes an annualized total payment volume (TPV) exceeding US$1 trillion, handling over 300 million transactions daily. Its client roster includes global leaders like Amazon, Google, and Swiggy, showcasing its deep market penetration across diverse sectors.
The company's influence extends far beyond its home market, with an established presence across Asia-Pacific, the Middle East, and Latin America. Juspay has also successfully expanded its operations into Europe, the UK, and North America, serving over 500 enterprises. This global footprint is supported by a distributed workforce of more than 1,500 employees, enabling it to cater to complex international needs.
Core Technology and AI-Driven Innovation
At its core, Juspay is dedicated to building open-source, interoperable, and modular payments infrastructure that simplifies complex financial systems. Its product suite includes payment orchestration, authentication, and core solutions for banks, enabling clients to scale operations efficiently. The company is also investing heavily in artificial intelligence to enhance merchant experience and boost internal productivity.
Investor Confidence and Company Vision
WestBridge Capital partner Deepak Ramineedi praised Juspay’s ability to build future-ready technology for demanding payment ecosystems. He highlighted the firm's conviction in Juspay's relentless innovation and its evolution into a core infrastructure provider. Ramineedi noted that Juspay's sustainable, profitable growth trajectory distinguishes it within the competitive fintech space.
Sheetal Lalwani, co-founder and COO of Juspay, affirmed the company's focus on solving core payment complexities through first-principles engineering. She expressed gratitude for the continued trust of partners as the company scales globally. This funding reflects Juspay's significant growth and provides liquidity for early team members who have been integral to its journey.
Financial Health and Funding History
Juspay's financial health validates its market strength, reporting operating revenue of Rs 540 crore for fiscal year 2025, a 61% increase. The company achieved profitability with a profit after tax of Rs 62.28 crore, a notable turnaround from a loss in the prior year. This latest investment follows a US$60 million Series D round in 2025 and a US$60 million Series C in 2021.
Juspay's achievement of unicorn status through this US$50 million funding round is a testament to its sustained growth and technological prowess. The strategic investment from WestBridge Capital will empower the company to further its global expansion and enhance its innovative payment solutions. As it continues to scale, Juspay is well-positioned to redefine the payments infrastructure landscape for enterprises and banks worldwide.