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Juspay Targets Unicorn Status with $150 Million Funding

  • Juspay, founded by Vimal Kumar and Sheetal Lalwani in 2012, is set to become the first unicorn of 2025 with a $150 million funding round led by Kedaara Capital, WestBridge, and SoftBank.
  • Juspay, authorized by the RBI as a payment aggregator in 2024, is raising funds at a valuation of around $1 billion amid growing competition in the payment space.
  • Known for developing BHIM for NPCI, Juspay remains a leading provider of payment orchestration software, working with several UPI apps.

Source: MoneyControl

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13mo ago
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