Indian payment orchestration leader Juspay has raised $60 million in a Series D funding round led by Kedaara Capital, with participation from existing investors SoftBank and Accel. The Bengaluru-based fintech, founded in 2012, plans to use the fresh capital to accelerate its international growth and embed artificial intelligence capabilities across its product suite, particularly its flagship Hyperswitch platform.
Juspay’s Hyperswitch offers a comprehensive open-source checkout solution that combines 3DS authentication, tokenization, and advanced analytics for enterprise merchants, while providing banks with end-to-end payment acceptance and real-time processing infrastructure. The company, which maintains offices in San Francisco, São Paulo, Dublin, and Singapore, currently processes more than 200 million transactions daily, handling over $900 billion in annual payment volume.
Sheetal Lalwani, Co-Founder and COO of Juspay, emphasized the company’s commitment to building open and interoperable payment systems: “As we expand our global footprint and push the boundaries of AI, we remain focused on creating solutions that address the growing diversity in the payments landscape. We’re particularly excited to welcome Kedaara Capital as a partner, as their extensive experience will be invaluable for our next phase of growth.”
The investment comes at a time when global merchants and financial institutions are increasingly seeking unified payment solutions that can simplify complex transaction ecosystems. Juspay’s open-source approach with Hyperswitch positions it uniquely to address this demand while its planned AI enhancements aim to further optimize authorization rates and fraud prevention.
With this funding round, Juspay joins a select group of Indian fintech companies that are successfully expanding their payment technologies to international markets, demonstrating the global relevance of India’s fintech innovation. The company’s focus on combining open-source principles with enterprise-grade payment infrastructure continues to differentiate its offering in the competitive payment orchestration space.