Juspay secures $60m in Series D led by Kedaara Capital

By Puja Sharma

Juspay, a payment infrastructure for enterprises and banks, has secured $60 million in its Series D funding round through a combination of primary and secondary investments. This investment round was led by Kedaara Capital and included existing investors Softbank and Accel.

Avendus Capital acted as the firm’s exclusive financial advisor on this transaction.

The company has expanded its global footprint across Asia-Pacific, Latin America, Europe, the UK and North America. Juspay also continues to accelerate the growth of its open-source payments orchestration platform, empowering merchants with an interoperable, transparent and modular solution that ensures full flexibility and control over their payments stack. Its plans to further advance its AI capabilities to build future-ready innovations aimed at improving workforce productivity and merchant experience.

“For the past decade, Juspay’s mission has been to create long-term value across the payments ecosystem—supporting merchants, banks, networks, and, by extension, the billions of users they serve.” said Sheetal Lalwani, Co-founder & COO of Juspay. “Today, as we expand our global footprint and push the boundaries of AI, we remain committed to building truly open source and interoperable payment systems that embrace the growing diversity in the payments landscape. We welcome Kedaara Capital, we could significantly benefit from their rich experience as we build towards the next phase of our growth”, he added.

“We’re excited to partner with Juspay as they revolutionise global payments,” said Nishant Sharma, Founder and Managing Partner at Kedaara Capital. “Their strong tech foundation, open-source approach, and visionary leadership make them a standout. We look forward to supporting Vimal, Sheetal, and the team as they scale a resilient, future-ready platform for leading enterprises and financial institutions.”