Juspay Becomes Unicorn After $50 Million Raise from WestBridge, Valuation Hits $1.2 Billion

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Juspay Becomes Unicorn After $50 Million Raise from WestBridge, Valuation Hits $1.2 Billion

Juspay has raised $50 million (about ₹415 crore) in a funding round led by growth investor WestBridge Capital, taking the Bengaluru-based payments infrastructure firm’s valuation to roughly $1.2 billion and granting it unicorn status. The round underscores renewed investor interest in revenue-backed fintech infrastructure companies early in 2026.

What Juspay does and why it matters

Founded in 2012, Juspay is a full-stack payments infrastructure provider that helps enterprises and banks orchestrate high-volume digital transactions. Its technology underpins payment flows across e-commerce, travel, food delivery, insurance and financial services, enabling higher success rates and consistent uptime for mission-critical payments.

Structure of the funding and planned use of proceeds

The round comprised both primary capital and secondary transactions. Primary funds will be used to bolster product development and accelerate international expansion, while the secondary component provides partial liquidity for early investors and employees. This marks Juspay’s second structured liquidity event and reflects its maturing financial profile.

Management plans to allocate resources to advanced payment orchestration tools, reliability engineering, and market entry activities in regions with growing digital payments adoption but complex infrastructure needs.

Scale, transaction volumes and client base

Juspay processes in excess of 300 million transactions daily and has crossed an annualised total payment volume of more than $1 trillion, positioning it as a significant behind-the-scenes player in India’s payments landscape. Its customers include major domestic and global brands across commerce, banking, aviation and insurance, relying on Juspay for high-frequency, high-value payment workflows.

International footprint and strategy

While rooted in India, Juspay has expanded across Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America. The company supports over 500 merchants and banks worldwide and employs more than 1,500 people.

Juspay’s international strategy emphasises modular, interoperable payment solutions that can be adapted to diverse regulatory and technical environments, suiting governments and enterprises seeking to modernise payments infrastructure.

Financial performance and investor backing

Juspay has shown consistent financial discipline. For the financial year ending March 2025, it reported operating revenue of ₹540 crore and a net profit exceeding ₹62 crore. Profitability has been a draw for long-term investors in a market increasingly focused on sustainable growth rather than aggressive cash burn.

Prior investors include Kedaara Capital, SoftBank and Accel, whose earlier commitments helped the company scale its technology and market reach. The current round builds on that momentum and reinforces Juspay’s positioning as a stable, scalable fintech enterprise.

Role in India’s evolving fintech ecosystem

Juspay’s elevation to unicorn status signals a broader shift in India’s startup landscape toward infrastructure-focused businesses. As UPI adoption, digital commerce and online financial services expand, dependable backend payment systems are becoming central to the country’s digital economy.

With fresh capital, an established profitable core and growing global operations, Juspay is poised to deepen its role as a foundational payments technology provider at a time when scale, reliability and long-term value creation are priorities for the sector.

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