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 $18 million Series D round launched in April 2025.

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 plans, marking the second such liquidity event enabled by the company within a year.

The funding comes after a period of uncertainty for the company, following the exit of several former clients such as PhonePe, Razorpay ...