What is Skydo?
Skydo operates as a sophisticated financial technology platform designed to streamline the movement of capital for Indian exporters, freelancers, and SMEs. By integrating invoicing, automated reconciliation, and robust payment infrastructure, the company addresses the friction typically associated with cross-border transactions. Its market position is defined by its ability to offer instant, compliant, and transparent payment processing, effectively bridging the gap between domestic operations and global market participation. As the demand for seamless international trade tools rises, Skydo serves as a vital conduit for businesses seeking to optimize their global financial workflows.
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 Elevation Capital and Susquehanna International Group
Key Investors in Skydo
Elevation Capital
Elevation Capital is a venture capital firm headquartered in Delhi-NCR and Bengaluru, India, with over 20 years of experience investing in audacious founders across fintech, consumer tech, and enterprise AI.
Susquehanna International Group
The Susquehanna International Group of Companies is a privately held global financial firm that leverages quantitative applications to maintain liquidity and execution capabilities across diverse asset classes.
What's next for Skydo?
With the successful closure of this Series A round, Skydo is well-positioned to accelerate its product development and expand its market footprint. The strategic focus will likely shift toward scaling its global payment infrastructure and enhancing its suite of enterprise-grade financial tools. By leveraging the expertise of its institutional backers, the company is expected to deepen its penetration into the SME sector, further refining its compliance-first approach to cross-border finance. As the firm matures, the emphasis will remain on maintaining operational efficiency while capturing a larger share of the burgeoning digital trade market in India and beyond.
See full Skydo company page
