India, April 7 -- Fintech startup Juspay has secured $60 Mn (around INR 514 Cr) in a Series D funding round led by Kedaara Capital, along with participation from existing investors SoftBank and Accel.

The round was a mix of primary and secondary investments.

The startup plans to deploy the fresh capital to fuel its AI capabilities and drive innovations to boost workforce productivity and merchant experience.

"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," said Sheetal Lalwani, cofounder and chief operating officer (COO) of Juspay.

Founded by Vimal Kumar and Ramanath...