Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore
Well, well, well—Juspay finally stopped burning cash and decided profitability was the move. After bleeding Rs 97 crore in FY24, the payments orchestration platform just executed a financial mic drop with Rs 62 crore in net profit for FY25, proving that sometimes the best business strategy is actually... making money. The Bengaluru fintech's turnaround is impressive precisely because it didn't require miraculous growth—just disciplined execution. Revenue climbed a sensible 61% to Rs 514 crore, daily transactions jumped 71% to 300 million, and their total payment volume hit $1 trillion annualized. What's really fascinating is the dual revenue model: half comes from merchant payment orchestration (routing transactions through multiple gateways to minimize failures), while the other half flows from bank infrastructure services like UPI and card acquiring. With partnerships spanning Amazon, Flipkart, Google, Swiggy, and fresh agreements with HSBC and Agoda, Juspay transformed from a loss-making startup into a profitable fintech powerhouse—and that $147 million in total funding (including a $60 million Series D led by Kedaara Capital) suddenly looks like brilliant capital allocation rather than desperate fundraising.
