Juspay has secured USD 50 million through a Series D follow-on funding round, spearheaded by WestBridge Capital. This investment supports the company’s plans for international expansion.
The transaction, comprising primary and secondary components, values Juspay at approximately USD 1.2 billion.
A part of the deal allows early stakeholders and employees holding stock options to gain some liquidity. This is the second such event facilitated by Juspay within a year as per company officials.
This latest funding comes amidst continued operational growth. Annualised total payment volume has exceeded USD 1 trillion, with over 300 million transactions processed daily. The platform serves diverse global enterprises across sectors including travel, e-commerce, banking, insurance, and food delivery, such as Amazon, Google, HSBC, Zurich Insurance, Flipkart, IndiGo, and Swiggy.
Geographic Expansion and Product Focus
Juspay has extended its reach beyond India to operate in the Asia-Pacific, Middle East, Europe, UK, North America, and Latin America. The company specializes in providing modular and interoperable payment infrastructure for businesses and financial institutions, with a strong emphasis on large-scale transaction processing.
Alongside expanding its geographical footprint, Juspay has been investing in artificial intelligence tools to boost internal productivity and enhance services offered to merchants. Over the past decade, company officials stated that their focus was on tackling structural challenges in global payments through engineering-driven solutions rather than rapid product diversification.
Representatives from Juspay mentioned that the latest investment will aid long-term growth while ensuring operational sustainability. They also highlighted that including a secondary component aimed to acknowledge the contributions of early business partners.
WestBridge Capital officials referred to Juspay as a payments infrastructure provider that has gradually broadened its services from orchestration tools to more comprehensive systems supporting banks and real-time payment networks. They noted that the firm’s emphasis on core payment technology and disciplined expansion were significant reasons for their investment.
