Digital payments infrastructure company Juspay has closed a $50 million funding round from WestBridge Capital, valuing the firm at $1.2 billion. The funding is a mix of primary and secondary investments, offering partial exits to early investors and employees through stock sales.

Founded in 2012, Bengaluru-based Juspay powers payment systems for major global brands such as Amazon, Flipkart, Google, IndiGo, and Swiggy. The company said in a statement that it now processes over 300 million transactions daily, with annualised total payment volume exceeding $1 trillion.

Juspay will use the new funds to expand internationally and deepen its work in building open and interoperable payment infrastructure for banks and enterprises. It is also investing in artificial intelligence (AI) to improve productivity and enhance merchant services.

This marks the second liquidity event for Juspay’s employees and early backers within a year.

The Bengaluru-based payment aggregator was last valued at around $900 million after it closed a $60 million financing round led by Kedaara Capital, with existing investors SoftBank and Accel participating.

Juspay reported a net profit of Rs 62 crore for the fiscal year ended March 2025, marking its fIrst full year of profitability, compared with a net loss of Rs 97 crore in FY24.