Juspay Becomes First Unicorn of 2026

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.