What is Skydo?
Skydo operates as a specialized financial technology platform designed to solve the complexities of international trade payments. The company provides a comprehensive suite of services, including instant cross-border payment processing, automated invoicing, and real-time reconciliation. By integrating a robust global payment infrastructure, Skydo ensures that Indian businesses can navigate the often-opaque landscape of international finance with increased transparency and regulatory compliance. Its market position is defined by its ability to bridge the gap between domestic operational needs and the requirements of global commerce, effectively reducing the friction typically associated with foreign exchange and cross-border settlement.
How much funding has Skydo raised?
Skydo has raised a total of $15M across 2 funding rounds:
Other Financing Round
$5M
Series A
$10M
Other Financing Round (2024): $5M with participation from Elevation Capital
Series A (2025): $10M led by Susquehanna International Group and Elevation Capital
Key Investors in Skydo
Susquehanna International Group
A privately held global financial firm that leverages quantitative applications to provide liquidity and execution services across a broad range of asset classes, including venture capital.
Elevation Capital
A venture capital and private equity firm based in Karnataka, India, focused on identifying and supporting high-growth companies with transformative potential.
What's next for Skydo?
With the successful closure of this major enterprise-level funding, Skydo is poised to accelerate its product development and market expansion efforts. The strategic capital will likely be deployed to enhance its proprietary payment rails, deepen its integration with global banking partners, and scale its customer acquisition efforts across the Indian SME sector. As the demand for efficient, compliant, and transparent cross-border financial services continues to rise, Skydo is well-positioned to capture a larger share of the market. Future growth will likely focus on expanding its service offerings to include more sophisticated treasury management tools, further cementing its role as an essential partner for businesses engaged in international trade.
See full Skydo company page
