The Bengaluru-based payments infra startup raised $60 million in a Series D round led by Kedaara Capital, with participation from SoftBank and Accel.
Though it fell short of the anticipated $150M, the raise pushed Juspay past the $1 billion valuation mark.
What’s driving the next phase?
Juspay is going all-in on AI tools—automating workflows, improving merchant dashboards, and cutting manual operations.
They’re also planning global expansion: Asia-Pacific, Europe, UK, North America, and Latin America are on the map.
But growth won ’t be without bumps.
Two major partners—Razorpay and PhonePe—recently moved away from Juspay’s stack, raising questions around future traction.
Still, the bigger trend is clear—AI is reigniting SaaS.
After a dry 2023, companies like Freshworks, Chargebee, and Exotel report stronger sentiment, especially in the US. Some SaaS budgets are now growing by 10–15%, driven by AI-led efficiency.
For Juspay and Indian SaaS—2025 may be the comeback year.
startups bengaluru fintech SaaS
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