VEF announces a
Following the participation in this round, Juspay represents VEF’s third largest holding and is one of VEF’s fastest growing portfolio companies, playing into a massive TAM.
Founded in 2012, Juspay is on a mission to build a robust payments operating system for
The financing round will further expand the scope of Juspay’s core offering by investing in technology and product development to scale its business in payments and product adjacencies - both in
VEF CIO, Alexis Koumoudous comments:
“India’s digital evolution is truly astounding, both leapfrogging and setting an example, in many respects, to the rest of the world. When we met the team at Juspay we were captivated by Vimal and Sheetal’s sense of mission, desire to really contribute and their technical capabilities. This round reflects their impact and the ubiquity of their products. The team have executed superbly on their vision and have built a strong foundation for the next leg of their journey. ”
Juspay CEO and founder,
“Juspay has been in the forefront, building foundational infrastructure by unifying and enhancing hundreds of diverse payment options in a neutral way. We believe in ecosystem innovations like UPI and OCEN (Open Credit Enablement Network), and have built a deep value-driven culture to support such initiatives. This funding will help us scale up our mission in
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