New Delhi, Jan. 23 -- Bengaluru-based payments infrastructure firm Juspay has raised $50 million in a Series D follow-on round from WestBridge Capital.

The latest round values Juspay at $1.2 billion, the company said in a statement on Friday. The funding is an extension of its $60 million Series D round launched in April 2025.

According to a person in direct knowledge of the matter, the last round valued the company at around $900 million, effectively making this its entry into the unicorn club. A unicorn is a startup valued over $1 billion.

The transaction comprises a mix of primary and secondary investments. Juspay said the secondary component will provide liquidity to early investors and employees holding employee stock ownership pl...