New Delhi, April 7 -- Juspay, a payment infrastructure company for enterprises and banks, has secured $60 million as part of its Series D funding round led by Kedaara Capital, with participation from existing investors Softbank and Accel, the company said in a statement.

According to a statement from early investor VEF, an investment company listed in Sweden, it will receive $14.8 million in gross proceeds from a partial stake sale in this round, while retaining a 7.8% ownership in Juspay.

The remaining, close to $45.2 million, is the primary component in the funding round, the source cited above added.

The company declined to disclose its valuation or the split between primary and secondary funding in the round.

VEF has invested a to...