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Exclusive: SoftBank-backed Juspay eyes 2025's first unicorn crown with fresh fundraise

YourStory LogoYourStory1d ago

Exclusive: SoftBank-backed Juspay eyes 2025's first unicorn crown with fresh fundraise - YourStory

Quick Summary:

Bengaluru-based payment solutions provider Juspay is in discussions with Warburg Pincus, Kedaara Capital, and Norwest Venture Partners for $100 million funding at a $1 billion valuation, according to sources.

Recently, Juspay decided to spin off Namma Yatri as an independent entity to attract other investors and scale further.

While the contours of the deal are yet to be finalised, the company could raise around $100 million in the new round, the sources added.


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Article Details

Author / Journalist: Nikhil Patwardhan

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-08 @ 14:02:41 (1 days ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 24976355

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 10 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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  • URL: https://beamstart.com/news/exclusive-softbank-backed-juspay-eyes-173634576232

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