In the world’s fastest-growing economy, India, VEF portfolio company Juspay is at the forefront of the rapidly-growing digital payments landscape. Juspay tackles one of the biggest challenges in the market—a staggering 40% of transactions typically fail at checkout due to payment processing issues. By providing a neutral software layer that seamlessly integrates with all payment methods, Juspay has achieved an impressive payment conversion rate of over 80% for merchants, significantly improving the payment experience for consumers and merchants alike.
We are proud to partner with a company that not only exemplifies the power of innovation, but also demonstrates the immense potential for growth in a region with unmatched scaling opportunities. Today Juspay processes over 30 mln transactions per day, and USD 125bln in annualized payment volumes, making them a substantial player in the Indian market.
In our latest video, join VEF Principal and India fintech expert, Shashi Mahajan, alongside our CEO, Dave Nangle, as they share their insights on the Indian market and discuss Juspay’s pivotal role in the evolution of the payments sector.