Others who have participated in this round include Bookmyshow founders Ashish Hemrajani, Parikshit Dar and Rajesh Balpande.
Juspay was founded, in 2012 by Vimal Kumar and Ramanathan RV, with a vision to enable the billion of people in India with secure 1-click payments on mobile. The mobile payments company’s technology helps companies simplify payments by aggregating different services across net banking, wallets & cards. It also helps merchants improve success rate of payments on the platforms.
The number of transactions on Juspay’s platform has grown from $100K a day to 600K – 700K in last one year.
The company offers two products:
Express Checkout: a SaaS layer on top of payment gateways to simplify integration, improve robustness and ease the management of diverse and rapidly evolving payment options.