Juspay, a company that builds digital payment technology, has raised $50 million (about INR 415 crore) in a Series D follow-on funding round. The round was led by WestBridge Capital.
The funding included both new investment in the company and the sale of some existing shares. Avendus Capital acted as the financial advisor for the deal.
Juspay said it will use this money to grow its business globally. The company already has operations across Asia-Pacific, the Middle East, Latin America, Europe, the UK, and North America.
After the funding, Juspay’s valuation rose to USD 1.2 billion, up from about USD 900 million in its previous round. This makes Juspay the first startup to reach unicorn status in 2026.
“Our focus over the last decade has been on solving the core complexities of global payments through first principles engineering and design,” said co-founder Sheetal Lalwani. “This round reflects our growth and provides liquidity opportunities for our early investors and team members.”
Founded in 2012 by Vimal Kumar, Lalwani, and Ramanathan RV, Juspay offers end-to-end payment solutions for businesses. Its services include payment orchestration, payment infrastructure, and a complete UPI system.
Juspay processes more than 300 million transactions every day. The company says its annual payment volume has crossed $1 trillion, showing its massive scale in digital payments.
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