How a well-timed offensive crippled Juspay’s $150 million fundraise
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How a well-timed offensive crippled Juspay’s $150 million fundraise
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Indian finserv is no koi pond. It's a shark tank. And now, some of the biggest sharks in the tank – and by that I mean payment aggregators like Phonepe, Razorpay, Cashfree and Paytm – are all narrowing in on the aggregator of aggregators, Juspay.
In this episode, we go behind the scenes of one of the biggest fintech standoffs of the year. On one side are the aggregators, who power payments for millions of online merchants. And on the other side is “aggregator of aggregators” Juspay, who’s worked as an extension of merchants’ payments teams, helping them coordinate payments across aggregators, for over a decade.
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Check out our latest episode featuring Soumya Rajan, founder and CEO of Waterfield Advisors, India’s largest multi-family office and wealth advisory firm.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.Listen to the latest episode of Two by Two here