Juspay, a payments infrastructure company, has raised $60 million in a Series D funding round led by Kedaara Capital, marking it as India's first unicorn of 2025.

Information on the Target

Juspay is a leading payments infrastructure company that specializes in optimizing and managing transactions across various platforms. The company is dedicated to providing solutions that enhance operational efficiency, improve security, and ensure a seamless customer experience during the checkout process. Among its offerings are integrations with multiple payment gateways, real-time fraud detection capabilities, and advanced analytics that facilitate smarter decision-making. By simplifying intricate payment workflows, Juspay effectively empowers enterprises to reduce transaction failures, increase conversion rates, and concentrate on their growth strategies.

Founded in 2012 by Ramanathan RV and Vimal Kumar, Juspay is headquartered in Koramangala, Karnataka, India. The company has made a significant impact on the digital payment landscape and has emerged as a pioneer in the industry. With its innovative technology and customer-centric approach, Juspay continues to reshape the future of digital payments in India and beyond, standing poised to drive the next wave of innovation in payment infrastructure.

Industry Overview in India

The digital payments industry in India has experienced exponential growth over the past few years, spurred by the increasing adoption of smartphones and internet connectivity. With a young, tech-savvy population and a government that actively supports digitaliz