Fintech startup Juspay has raised $50 Mn (around INR 415 Cr) in its Series D follow-on funding round at a valuation of $1.2 Bn, making it the first unicorn of 2026. The startup raised the funds from WestBridge Capital in a mix of primary and secondary capital. Juspay said the secondary component of the transaction provided liquidity to early investors and employees holding ESOPs. Juspay said it would use the fresh capital to drive global expansion. Currently, it has a presence across Asia-Pacific, Middle East, Latin America, Europe, UK, and North America. Prior to this round, the startup was valued at about $900 Mn, sources told Inc42. It last raised $60 Mn in its Series D round led by Kedaara Capital, with participation from existing investors SoftBank and Accel, in April last year. Juspay has now become the 127th unicorn of the country. Founded in 2012 by Vimal Kumar, Sheetal Lalwani, and Ramanathan RV, Juspay offers end-to-end enterprise payment solutions, including payment orchestration, payment infrastructure, and complete UPI stack. It claims to process more than 300 Mn daily transactions, exceeding an annualised total payment volume (TPV) of $1 Tn. It counts the likes of Agoda, Amazon, Flipkart, Google, HSBC,… Read MoreInc42 Media
