Payments infrastructure company Juspay has raised fresh funding from WestBridge Capital in a Series D follow-on round, pushing its valuation to unicorn status. The funding will help the company accelerate global expansion and strengthen its position as a core payments infrastructure provider for enterprises and banks.
Payments infrastructure company Juspay announced that it has raised $50 million from WestBridge Capital in a Series D follow-on round, taking the company’s valuation to $1.2 billion. The startup aims to accelerate its global expansion and further solidify its position as a core payments infrastructure provider for enterprises and banks.
This funding comes at a time when large merchants and financial institutions are actively looking for full-stack, scalable, and reliable payments platforms to support rapidly growing digital transaction volumes.
This round is a combination of primary and secondary transactions. The primary capital will be used to expand Juspay’s presence in international markets and increase investments in its technology stack.
The secondary component will provide liquidity to early investors and employees holding ESOPs. This marks the second liquidity event for the company within a year.
Juspay plans to deploy the funds to expand its operations across:
Asia-Pacific
Middle East
Latin America
Europe
United Kingdom
North America
The company will also invest in strengthening its payments infrastructure and advancing its artificial intelligence capabilities to improve merchant experience and internal productivity.
Juspay co-founder Sheetal Lalwani said,
"Over the last decade, we have focused on solving the core complexities of global payments through first-principles engineering and design."
She added,
"This round reflects our growth, and provides liquidity opportunities to our early investors and team members who have been part of this journey."
WestBridge Capital stated that Juspay’s evolution into a full-stack payments infrastructure provider was a key reason behind its investment.
WestBridge Capital partner Deepak Ramineni said,
"They have moved beyond payment orchestration to build core payments infrastructure for banks and enterprises, while maintaining sustainable growth."
Founded in 2012, Juspay provides payments infrastructure to enterprises and banks, enabling them to reliably process large-scale digital transactions.
In April 2025, Juspay raised $60 million in a Series D funding round led by private equity firm Kedara Capital. That round included both primary and secondary investments, with participation from existing investors SoftBank and Accel.
Processes over 300 million transactions daily
Annual Gross Payment Volume (GPV) has crossed $1 trillion
Key customers include:
Agoda
Amazon
Flipkart
HSBC
IndiGo
Swiggy
Zepto
Zurich Insurance
Juspay said it is focused on building an open, interoperable, and modular payments infrastructure capable of supporting global commerce at scale. The company is also investing in AI to improve efficiency across operations and merchant-facing platforms.
Juspay became profitable in FY25, reporting a profit of ₹115 crore before exceptional items and tax. Revenue from operations grew 61% year-on-year to ₹514 crore, driven by higher digital transaction volumes and improved operational efficiency.
In FY25:
Profit Before Tax (PBT): ₹27 crore
Profit After Tax (PAT): ₹62 crore
The company noted that PAT exceeded PBT due to deferred tax adjustments.