
Juspay, a fintech infrastructure firm, is poised to become the first unicorn of 2025 by raising $150 million in a funding round led by Kedaara Capital, with participation from WestBridge and SoftBank. This funding aims to enhance its operations and market presence. The announcement indicates a growing interest in the fintech sector, particularly in India, where digital payment infrastructure has seen substantial growth. Juspay's valuation details are yet to be disclosed, but the successful funding round reflects the company's strong position in the competitive fintech landscape, which includes notable players like Razorpay and PhonePe.
India sees 100-fold jump in retail digital payments over 12 years: RBI Read here: https://t.co/Wt8RkckjCy #RBI https://t.co/lziiBXFIT4
UPI dominates digital payments, sees explosive growth over five years https://t.co/N5t3BHUD5y
#India’s fintech success is fuelled by a robust #digital payments infrastructure with #UPI #transactions reaching 15.04 billion in September 2024: Debajyoti Chakravarty https://t.co/QdeIALAEol

