Skydo funding, investors and company details

Skydo is an emerging Financial Services - Fintech startup from Bengaluru, working in the space of Helps Indian businesses, SMEs, and freelancers receive international B2B payments through virtual foreign currency. Founded by Srivatsan Sridhar, Movin Jain.

Company: Skydo Technologies Private Limited
Sector: Financial Services - Fintech
Location: Bengaluru
Founders: Srivatsan Sridhar, Movin Jain
Total funding raised: ₹132.89 Cr

Company overview

Skydo is a Bengaluru-based fintech platform that helps Indian businesses, SMEs, and freelancers receive international B2B payments through virtual foreign currency accounts with low, transparent fees and no FX markups. It offers multi-currency collection accounts (USD, EUR, GBP and more), real-time tracking, GST-compliant FIRA/FIRC, and fast INR settlement while handling compliance with RBI rules so exporters can invoice and get paid globally like a local business.

Funding rounds

Latest round (Series A): $ 10.00 Mn (₹90.95 Cr.), 2025-12-10. Investors: Susquehanna Asia Venture Capital, Elevation Capital
Past round (Seed): $ 5.00 Mn (₹41.94 Cr.), 2024-08-13. Investors: Elevation Capital