Current Affairs - Finance - Discussion
Discussion Forum : Finance - Latest Current Affairs (Q.No. 2)
2.
Which fintech company became India’s first unicorn of the year 2026 after securing a Series D follow-on investment at a $1.2 billion valuation?
Answer: Option
Explanation:
Juspay achieved unicorn status in 2026 after raising $50 million in a Series D follow-on round led by WestBridge Capital, reaching a valuation of $1.2 billion. This milestone made it the first company in India to enter the unicorn club that year and the 127th unicorn overall in the country. The company specializes in enterprise payment solutions such as UPI, payment orchestration, and infrastructure, processing nearly 300 million transactions daily with an annual total payment value of about $1 trillion. The funding also supported global expansion and provided liquidity to early investors and ESOP holders.
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