Global payment infrastructure provider Juspay has secured $50 million in a Series D follow-on funding round led by WestBridge Capital, valuing the company at $1.2 billion.
The transaction comprises a mix of primary and secondary investments. The secondary component provides liquidity to early investors and employees holding Employee Stock Ownership Plans (ESOPs), marking the second such liquidity event enabled by Juspay within the past year.
The funding comes on the back of a strong growth year for the company, with its annualised Total Payment Volume (TPV) now exceeding $1 trillion. Juspay currently processes more than 300 million transactions daily for major global brands including Agoda, Amazon, Flipkart, Google, HSBC, IndiGo, Swiggy, Zepto, Zurich Insurance, and others.
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Juspay continues to expand its footprint as a global payments platform, with operations spanning Asia-Pacific, the Middle East, Latin America, Europe, the United Kingdom, and North America. The company remains focused on building foundational payments infrastructure for global commerce that is open-source, interoperable, and modular.
The firm said its long-term mission is to create sustained value across the payments ecosystem by supporting merchants, banks, and payment networks, ultimately serving billions of end users worldwide. Juspay is also investing in advanced artificial intelligence capabilities aimed at improving workforce productivity and enhancing merchant experience.
Commenting on the milestone, Sheetal Lalwani, Co-founder and Chief Operating Officer of Juspay, said the company’s growth has been driven by a long-term focus on solving the core complexities of 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, we are grateful for the continued trust of our partners. This round reflects our growth and provides liquidity opportunities for our early investors and team members who have been part of this journey. We welcome WestBridge Capital as a partner as we build the next generation of payments infrastructure.”
WestBridge Capital expressed strong confidence in Juspay’s technology and growth trajectory. Deepak Ramineedi, Partner at WestBridge Capital, said the company has consistently stayed ahead of the curve in the rapidly evolving fintech landscape.
“Juspay has consistently demonstrated an ability to build robust, future-ready technology that powers some of the world’s most demanding payment ecosystems,” Ramineedi said.
“Our conviction stems from their relentless innovation—evolving from a payment orchestration platform to a full-stack UPI platform, and now to a core payments infrastructure provider for banks.”
He added that Juspay’s focus on solving deep-tech challenges in payments while maintaining a sustainable and profitable growth path sets it apart in the fintech space.
“We are excited to support Vimal, Sheetal, and the entire Juspay team as they shape the future of global digital commerce,” he said.
With the new funding, Juspay is expected to further accelerate its global expansion, deepen its infrastructure capabilities, and continue building future-ready solutions for enterprises and financial institutions worldwide.
