SoftBank sets eyes on payment-tech startup Juspay; may lead $120-M round
SoftBank Vision Fund is close to leading a USD 100-120 million funding round at Juspay, valuing the payments technology startup at USD 400-500 million. The proposed investment will be the largest fundraise for the nearly decade-old Bengaluru-based Juspay, which counts Accel and Wellington Management as investors. Juspay offers payments processing technology to merchants and is also building a host of other services as more businesses go online, especially post the Covid-19 pandemic.
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