Indian fintech firm Juspay posts $14m profit in FY25
- ByStartupStory | November 18, 2025
Indian fintech firm Juspay reported a significant turnaround in FY25, posting a net profit of ₹115 crore (approximately $14 million) before exceptional items and tax. This marks a sharp recovery from a net loss of ₹97 crore in the previous financial year. Juspay’s revenue surged 61% year-on-year to ₹514 crore ($63 million), driven by increased digital transaction volumes and expansion into global markets.
The company’s daily transaction volume grew from 175 million to over 300 million, while its annualized total payment volume (TPV) soared 150% from $400 billion to $1 trillion. Key growth catalysts included onboarding large merchants and banks such as Agoda, Amadeus, HSBC, Tiket, and Zurich Insurance, alongside existing clients like Amazon, Flipkart, Google, IndiGo, Swiggy, Urban Company, and Zepto.
Juspay generates roughly half of its revenue from merchant payment orchestration services that route payments across multiple gateways, while the rest comes from banking infrastructure services including UPI and card acquiring solutions. The company recently raised $60 million in a Series D funding round led by Kedaara Capital, with participation from SoftBank Vision Fund and Accel Capital. Since inception, Juspay has raised around $147 million in equity capital.
Looking ahead, Juspay plans to maintain profitability in FY26 while investing in product innovation, AI-enabled offerings, global expansion, and next-generation payment infrastructure. Co-founder and COO Sheetal Lalwani expressed confidence in Juspay’s ability to build sustainable growth driven by deep technological innovation and expanding partnerships.
Overall, Juspay’s FY25 financial performance underscores its evolution into a profitable, global payments technology leader from India, with a clear roadmap for future growth and expansion.
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