Juspay closes $60 million funding from Kedaara Capital, others; valuation doubles to more than $900 million

Bengaluru-based payment aggregator Juspay has closed a $60 million financing round led by domestic private equity fund Kedaara Capital with existing investors SoftBank and Accel participating.

The funding round, a mix of primary and secondary investments, ascribes a valuation of more than $900 million to the the company, three people in the know said. Data from business intelligence platform Tracxn shows that Juspay was valued at $440 million in 2022.

People in the know said the primary funds being infused in Juspay is around $10 million with rest of…