Bengaluru-based payments infrastructure company Juspay has raised $50 million in a Series D follow-on funding round led by WestBridge Capital. The investment includes a combination of primary and secondary transactions, with Avendus Capital acting as the financial advisor to Juspay.
The latest round values Juspay at $1.2 billion, up from around $900 million in its previous fundraise, making it the first startup to achieve unicorn status in 2026.
The primary capital will be deployed toward international expansion and product development, while the secondary component will provide partial liquidity to early investors and employees holding ESOPs. This marks the company’s second liquidity event within the past year.
The fundraise comes on the back of sustained operating momentum. Juspay said its annualised total payment volume has crossed $1 trillion, with the platform processing more than 300 million transactions every day. The company serves enterprises and banks across 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.
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Founded in 2012, Juspay builds payments infrastructure focused on open-source, interoperable and modular systems. Its product suite spans payment orchestration, authentication, tokenisation and core payments infrastructure for banks. The company is also investing in artificial intelligence-led tools to enhance merchant experience and internal operational efficiency.
The latest capital infusion adds to Juspay’s recent funding history. In April 2025, the company raised $60 million in a Series D round led by Kedaara Capital, with participation from SoftBank and Accel, which also included a secondary component. Earlier, in December 2021, Juspay secured $60 million in a Series C round led by SoftBank Vision Fund 2, with backing from Wellington Management and VEF, valuing the company at around $460 million at the time.
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Headquartered in Bengaluru, Juspay works with over 500 enterprises and banks globally and operates with a distributed workforce of more than 1,500 employees across India, the US, Europe, Latin America, Southeast Asia and the Middle East.
For the fiscal year ended March 2025, Juspay reported operating revenue of Rs 540 crore and a net profit of Rs 62.28 crore.
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