On January 23, 2026, Bengaluru-based payments infrastructure firm Juspay announced it had raised $50 million, becoming the first Indian startup to enter the “unicorn club” in 2026. The funding round was led by WestBridge Capital.
Sheetal Lalwani (Co-founder & COO) and Vimal Kumar (Founder), Juspay
Funding & Valuation Details:
- Funding Amount: $50 million.
- Post-Money Valuation: $1.2 billion. This is an increase from its previous valuation of approximately $900 million in April 2025.
- Funding Round: Series D follow-on round.
- Transaction Structure: The investment included both primary capital and a secondary component, which provided liquidity opportunities for early investors and employees.
- Previous Funding: This round follows a $60 million Series D raised in April 2025, which was led by Kedaara Capital with participation from SoftBank and Accel.
Key Business Metrics:
- Transaction Volume: Processes over 300 million transactions daily.
- Annualized TPV (Total Payment Volume): Exceeds $1 trillion.
- Global Presence: Operates across Asia-Pacific, the Middle East, Latin America, Europe, the UK, and North America.
- Major Clients: Includes Amazon, Flipkart, Google, HSBC, IndiGo, and Swiggy.
Adarsh is the founder and editor of Yeamt, where he breaks down AI, startups, funding, developer tools, and emerging technology into clear, practical explainers for founders, builders, and tech readers.