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Juspay raises $50 million to become India’s first unicorn of 2026

Juspay has raised $50 million (₹415 crore) from Westbridge Capital in a Series D follow-on round, valuing the company at $1.2 billion, becoming India’s first unicorn of 2026. The round includes both primary and secondary capital, allowing early investors and ESOP-holding employees to access liquidity, while the new funds will be used for global expansion.

Founded in 2012, Juspay provides enterprise payment solutions such as payment orchestration, infrastructure, and a full UPI stack, and claims to process over 300 million transactions per day with an annual TPV of over $1 trillion. The company's clients include leading global and Indian brands such as Amazon, Google, Flipkart, Swiggy, and HSBC, and the company now operates in multiple international markets.

Financially, Juspay turned profitable in FY2025 with a net profit of ₹62.3 crore and revenue of ₹514.3 crore. Despite facing setbacks after some fintech clients disconnected, the company obtained an RBI payment aggregator license in 2024 and launched its own PA service, HyperPG.

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Author

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Gayathri

Date

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January 23, 2026

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