Juspay raises ₹515 cr in Series D funding after partners cut ties

Juspay raised $60 million (₹515 crore) in Series D funding round led by Kedaara Capital with SoftBank and Accel as participants. It intends to invest the funds in AI to boost workforce productivity and enhance the merchant experience. The funding comes after Juspay's fintech partners, including Razorpay, Paytm and PhonePe, cut ties with the startup over the past months.