Juspay secures $60 million from Kedaara Capital, others

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Bengaluru-based payment aggregator Juspay has secured $60 million in a round led by Kedaara Capital with existing investors SoftBank and Accel participating. The round is a mix of primary and secondary investments.

In a secondary investment, the funds infused do not go to the company but instead go to existing investors selling their shares.

This round comes more than two years after Juspay raised $60 million in a funding round led by SoftBank. The company did not comment on the valuation at which the round was closed.

Juspay, which primarily offers a…



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Juspay secures $60 million from Kedaara Capital, others


Bengaluru-based payment aggregator Juspay has secured $60 million in a round led by Kedaara Capital with existing investors SoftBank and Accel participating. The round is a mix of primary and secondary investments.

In a secondary investment, the funds infused do not go to the company but instead go to existing investors selling their shares.

This round comes more than two years after Juspay raised $60 million in a funding round led by SoftBank. The company did not comment on the valuation at which the round was closed.

Juspay, which primarily offers a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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