New Delhi, Jan. 27 -- Bengaluru-based payments infrastructure startup Juspay has raised $50 million from WestBridge Capital at a $1.2 billion valuation, marking its entry into the unicorn club and making it one of the first Indian startups to achieve that status in 2026.

The Series D follow-on funding round comprised a mix of primary and secondary investments, with Avendus Capital advising on the deal. The company plans to use the fresh capital to drive global expansion and deepen investments in its technology stack.

The current valuation is up from around $900 million in its previous funding round. "Our focus over the last decade has been on solving the core complexities of global payments through first-principles engineering and desig...