It has been a few days since Juspay, a payments infrastructure company, closed its $60 million series D round, a deal that led to reports that the fast-growing Indian company had become a unicorn. Indian private equity firm Kedaara Capital led the round. It was also backed by existing investors, including Softbank, the Japanese institution led by Masayoshi Son, an investor known for taking big bets. America’s legendary Accel, an early investor in Facebook, Dropbox and Spotify, also participated. Walking near Fitzwilliam Square after the round is announced, I bump into James Lloyd, the firm’s senior director of its international…

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