Juspay Raises USD 50 Mn in Series D Follow-on Round, Becomes First Unicorn of 2026 The funding round was led by WestBridge Capital and included a combination of primary and secondary transactions, with Avendus Capital serving as the financial advisor to the company.
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Bengaluru-based payments infrastructure firm Juspay has raised USD 50 million in a Series D follow-on funding round led by WestBridge Capital.
The round comprised a mix of primary and secondary transactions, with Avendus Capital acting as the financial advisor to the company.
Following the fundraise, Juspay's valuation has increased to USD 1.2 billion, up from around USD 900 million in its previous funding round. With this milestone, the company has become the first startup to achieve unicorn status in 2026.
According to the company, the primary capital raised will be deployed towards global expansion and further product development. The secondary component of the transaction will offer partial liquidity to early investors and employees holding employee stock ownership plans (ESOPs). This marks the second liquidity event facilitated by Juspay within the past year.
Juspay said its annualised total payment volume has crossed USD 1 trillion, with its platform processing more than 300 million transactions each day. The company works with enterprises and banks across sectors such as ecommerce, travel, food delivery, insurance and financial services. Its operations have expanded across multiple regions, including Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America.
Founded in 2012, Juspay develops payments infrastructure technology for enterprises and banks. Its product portfolio includes payment orchestration, checkout solutions, tokenisation, 3D secure authentication, real-time payments infrastructure and unified analytics.
The company has also stated that it is investing in AI-driven tools to enhance merchant experience and streamline internal operations.
In April 2025, the company raised USD 60 million in a Series D round led by Kedaara Capital, with participation from SoftBank and Accel, which also included a secondary component.
Juspay works with more than 500 enterprises and banks globally and has a distributed workforce of over 1,500 employees across India, the US, Europe, Latin America, Southeast Asia and the Middle East.
