Dodo Payments
Latest round
- Seed
Last raised
- Dec 2024
Total raised
- $0.9M
Investors
- 3
About Dodo Payments
Dodo Payments offers integrated payment solutions that streamline the acceptance of global transactions, catering to businesses of diverse sizes and industries. Dodo Payments was co-founded by CEO Rishabh Goel (ex-Bzaar, Credgenics) and CPTO Ayush Agarwal (ex-Tournafest). Operating from Bengaluru, it positions as the first Merchant-of-Record platform for India and emerging markets. Dodo Payments provides an integrated payment solutions platform designed to simplify the process of accepting global transactions for businesses of various sizes. Its core offerings include a Merchant of Record service that allows businesses to process payments without needing to establish their own entity, and a comprehensive suite of tools that automate billing, subscriptions, and compliance with local tax regulations. This platform is especially beneficial for companies in industries such as SaaS, e-commerce, and educational technology, enabling them to manage digital goods sales and subscriptions seamlessly. Dodo Payments operates on a global scale, supporting over 150 countries and a wide range of payment methods, making it an attractive option for businesses looking to expand their market reach without the complexities typically associated with international transactions. Dodo Payments generates revenue primarily through transaction fees associated with its payment processing services. Businesses using the platform engage in various transactional structures, including subscription models for software services and direct sales of digital products. For instance, a company might utilize Dodo Payments to sell a digital course for 10 USD, paying a small percentage to Dodo Payments as a processing fee. The platform also supports recurring billing for subscriptions, which allows companies to manage ongoing payments efficiently while ensuring compliance with international tax laws. Pricing structures are designed to accommodate varying business needs while providing robust analytics and reporting capabilities to enhance financial oversight. It targets support for 100+ currencies and 300+ local payment methods, aims to onboard 10,000+ merchants, and joined the Google for Startups Accelerator: India 2026 cohort to scale its MoR platform for AI-first and SaaS companies.
Who invested in Dodo Payments
3 investors across 1 round
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Funding rounds
Seed
Dec 16, 2024
Amount
$0.9M
Investors
Questions about Dodo Payments
Who invested in Dodo Payments?
Dodo Payments has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Dodo Payments raised?
Dodo Payments has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Dodo Payments last raise money?
Dodo Payments's most recent round on record is a Seed, in Dec 2024.
What does Dodo Payments do?
Dodo Payments offers integrated payment solutions that streamline the acceptance of global transactions, catering to businesses of diverse sizes and industries.
Where is Dodo Payments headquartered?
Dodo Payments is headquartered in Bangalore, India.
Which VCs invest in companies like Dodo Payments?
Among active investors with capital left to deploy, 360 ONE, Gopher Asset Management, DSC Investment and Stellaris Venture Partners back financial services companies at Dodo Payments's stage. Their profiles are linked below.
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