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Total amount raised
$197M
Latest funding date
2026-01-23
Location
Juspay has successfully raised funding over six rounds, with the latest being a Series D round led by Kedaara Capital. The company is backed by ten investors, including notable names like Accel and SoftBank Vision Fund.
Juspay's platform offers a comprehensive suite of payment solutions, including HyperCheckout, Express Checkout, and UPI infrastructure, aimed at providing superior user experiences and seamless payment operations. Keep reading to explore the intricacies of Juspay's fundraising journey and the investors backing this innovative platform.
What Is JUSPAY?
Juspay is a leading multinational payments technology company headquartered in Koramangala, Bengaluru, India. The company operates in the FinTech, Internet, Mobile Payments, and Payments industries, serving over 500 top global enterprises and banks.
Founded in 2012 with the mission to redefine payments, Juspay has grown to employ between 1,001 and 5,000 people. The company offers a comprehensive suite of payment solutions, including HyperCheckout, Express Checkout, and UPI infrastructure, aimed at providing superior user experiences and seamless payment operations. In January 2026, Juspay became India's first unicorn of the year, achieving a valuation of $1.2 billion.
How Much Funding Has JUSPAY Raised?
- Angel / Pre-Seed Round
- Amount Raised: USD 229,000 (approx.)
- Date: 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the development of Juspay's payment technology platform.
- Series A Round
- Amount Raised: USD 5,820,684
- Date: February 2016
- Lead Investors: Accel (Subrata Mitra joined the board; Accel acquired ~20% stake)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and enhance the payment infrastructure.
- Series B Round
- Amount Raised: USD 21,600,000
- Date: March 2020
- Lead Investors: VEF (Vostok Emerging Finance; invested $13M and gained a board seat)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enter new markets. Participating investors included Wellington Management and Accel.
- Series C Round
- Amount Raised: USD 60,000,000
- Date: December 2021
- Lead Investors: SoftBank Vision Fund 2
- Valuation at Round: USD 460,000,000
- Motivation Behind the Round: To enhance technology infrastructure and scale the business in payments and credit. Participating investors included VEF and Wellington Management.
- Series D Round
- Amount Raised: USD 60,000,000 (combination of primary and secondary investments)
- Date: April 2025
- Lead Investors: Kedaara Capital
- Valuation at Round: Approximately USD 900,000,000–USD 1,240,000,000
- Motivation Behind the Round: To further scale operations, invest in new product lines, and provide liquidity to early investors and employees. Participating investors included SoftBank and Accel.
- Series D Follow-On Round
- Amount Raised: USD 50,000,000 (combination of primary and secondary investments)
- Date: January 23, 2026
- Lead Investors: WestBridge Capital
- Valuation at Round: USD 1,200,000,000
- Motivation Behind the Round: To drive global expansion and provide liquidity to early investors and ESOP holders. Avendus Capital acted as exclusive financial advisor.
Juspay has raised a total of at least USD 197,649,684 based on disclosed funding rounds. The latest known valuation is USD 1,200,000,000 (January 2026).
Key Investors
- WestBridge Capital
- Details: WestBridge Capital is a prominent India-focused investment firm. It led Juspay's Series D follow-on round in January 2026, valuing Juspay at $1.2 billion.
- Investment Focus Areas: Technology, fintech, consumer internet.
- Notable Investments: MakeMyTrip, Razorpay, Info Edge.
- Kedaara Capital
- Details: Kedaara Capital is a leading India-focused private equity and growth equity firm. It led Juspay's Series D round in April 2025.
- Investment Focus Areas: Technology, financial services, consumer.
- Notable Investments: Not publicly disclosed.
- SoftBank Vision Fund 2
- Details: SoftBank Vision Fund 2 is a venture capital fund managed by SoftBank Investment Advisers, focusing on technology-driven companies. It led Juspay's Series C round and participated in the Series D round.
- Investment Focus Areas: Technology, fintech, artificial intelligence.
- Notable Investments: Uber, WeWork, ByteDance.
- VEF
- Details: VEF (Vostok Emerging Finance) is an investment company focusing on fintech companies in emerging markets. It led Juspay's Series B round and participated in the Series C round.
- Investment Focus Areas: Fintech in emerging markets.
- Notable Investments: Creditas, Konfio, TransferGo.
- Accel
- Details: Accel is a global venture capital firm that invests in early-stage and growth-stage technology companies. It led Juspay's Series A round and has continued to participate in subsequent rounds.
- Investment Focus Areas: Software, internet, mobile.
- Notable Investments: Facebook, Dropbox, Slack.
- Wellington Management
- Details: Wellington Management is a private, independent investment management company. It participated in Juspay's Series B and Series C funding rounds.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Airbnb, Robinhood, SpaceX.
What's Next for JUSPAY?
Juspay stands at the cusp of significant growth opportunities, driven by its robust technology infrastructure and expanding market presence. With the recent $60 million Series C funding, the company aims to scale its operations, targeting 100 million transactions per day. This expansion is bolstered by the increasing demand for digital payments, micro‑payments, and buy‑now‑pay‑later services, positioning Juspay to capture a larger share of the fintech market.
Future fundraising opportunities appear promising as Juspay continues to innovate and expand its product offerings. The involvement of high‑profile investors like SoftBank Vision Fund 2 and Wellington Management signals strong investor confidence, paving the way for potential future funding rounds. These investments will be crucial in supporting Juspay's global expansion and technological advancements.
However, Juspay faces challenges such as intense competition in the fintech sector and the need for continuous technological innovation. Regulatory hurdles and the necessity to maintain high transaction reliability and security also pose significant obstacles. Despite these challenges, Juspay's strategic vision and strong financial backing position it well for sustained growth and success in the evolving digital payments landscape.
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