Bengaluru-headquartered payments operating system provider Juspay has announced raising $60 million in a Series C round of funding led by SoftBank Vision Fund 2. Returning investors VEF (Vostok Emerging Finance) and Wellington Management also participated in the round, said a statement issued by the company. The round takes the total capital raised by the company to $87.4 million to date.
The company will utilise the capital for technology and product development. It will also scale its business to enter adjacencies like credit and will focus on global expansion.
