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Juspay raises $50m at $1.2bn valuation to accelerate global payments expansion

Juspay has secured $50 million in fresh funding from WestBridge Capital, valuing the business at $1.2 billion and strengthening its push to expand globally as demand for enterprise-grade payment infrastructure accelerates.

The Series D follow-on round comprises a mix of primary and secondary investment. The secondary element provides liquidity for early backers and employees holding ESOPs, marking the second such liquidity event the company has facilitated in the past year.

The funding comes after a year of strong growth for Juspay, with annualised total payment volume now exceeding $1 trillion. The company processes more than 300 million transactions a day for a roster of global clients including Amazon, Google, HSBC, Agoda, Flipkart, IndiGo, Swiggy, Zepto and Zurich Insurance.

Juspay has steadily expanded beyond its home market and now operates across Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America. The company positions itself as a foundational payments infrastructure provider, building modular, interoperable and open-source systems designed to serve merchants, banks and payment networks at scale.

The latest investment will support Juspay’s continued international expansion and further development of its platform, including advances in artificial intelligence aimed at improving workforce productivity and enhancing merchant experience.

Sheetal Lalwani, co-founder and chief operating officer of Juspay, said the funding reflected the company’s long-term approach to solving complex problems in global payments.

“Our focus over the last decade has been on solving the core complexities of global payments through first-principles engineering and design,” Lalwani said. “As we scale globally, this round reflects our growth and provides liquidity for early investors and team members who have been part of the journey. We are pleased to welcome WestBridge Capital as a partner as we build the next generation of payments infrastructure.”

WestBridge Capital said its conviction in Juspay was rooted in the company’s ability to evolve alongside the payments ecosystem. Deepak Ramineedi, partner at WestBridge Capital, said Juspay had consistently stayed ahead of industry shifts.

“They have evolved from a payment orchestration platform to a full-stack UPI platform, and now to a core payments infrastructure provider for banks,” he said. “Their focus on deep-tech innovation, combined with sustainable and profitable growth, differentiates them in the fintech space.”

The investment underlines growing global appetite for robust, scalable payment infrastructure as digital commerce volumes surge worldwide. With total funding now approaching $300 million, Juspay is positioning itself as a critical backbone for the next phase of global digital payments growth.

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