Juspay
Category: AI in Fintech
A global payments operating system and orchestration platform that unifies payment gateways and optimizes transaction success rates for large-scale enterprises. Juspay was founded in 2012. The company is led by Vimal Kumar. Based in Bengaluru, India. Team size: 1500+. Total funding raised: $197.4M across 5 disclosed rounds. Latest round: $50M from WestBridge (Jan 2026) at $1.2B valuation. Key investors include WestBridge Capital, Kedaara Capital, SoftBank Vision Fund 2, Accel, VEF, Wellington Management.
- Founded
- 2012
- Headquarters
- Bengaluru, India
- Team size
- 1500+
- Total funding
- $197.4M across 5 disclosed rounds
Value proposition
Maximizes payment success rates, reduces transaction latency, and eliminates vendor lock-in via a neutral orchestration layer.
Products and solutions
Express Checkout (Mobile/Web SDK), Juspay Safe (Secure Payment Browser), Hyperswitch (Open-source Payment Orchestrator), UPI Full Stack, HyperSDK
Unique value
Pioneered the use of functional programming (Haskell) for high-scale financial systems and launched Hyperswitch.
Target customer
High-volume e-commerce merchants, global enterprises, banks, and fintech platforms.
Industries served
E-commerce, BFSI, Travel & Hospitality, Mobility & Logistics, Food Tech
Technology advantage
Haskell-based architecture for reliability; vendor-neutral stack.
How they differentiate
Neutral orchestration layer, open-source switch, high reliability via Haskell.
Main competitors
Razorpay, Cashfree Payments, Adyen, Pine Labs
Key partnerships
NPCI, HDFC Bank, ICICI Bank, Visa, Mastercard
Notable customers
Amazon, Google, Flipkart, Swiggy, Uber, Agoda, HSBC, IndiGo, Zepto, Zurich Insurance
Major milestones
UPI Infrastructure Architect, Hyperswitch Launch, Namma Yatri Launch
Growth metrics
Processes over 300 million transactions daily, with $1T+ annualized TPV.
Market positioning
Leading enterprise-grade payment operating system in India.
Geographic focus
India, Southeast Asia, North America
Patents and IP
Proprietary IP in secure browser technology and payment SDKs.
About Vimal Kumar
Vimal Kumar is the Founder and CEO of Juspay. He is a distinguished technologist known for his expertise in functional programming (Haskell) and building large-scale financial systems. Before founding Juspay in 2012, he served as a Software Development Engineer at Amazon (2009–2011) and held technical leadership roles at Trilogy and BankBazaar.com.
Official website: https://juspay.in