# Dodo Payments

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dodo-payments

- Industry: Financial Services
- Headquarters: Bangalore, India
- Website: www.dodopayments.com
- Total disclosed funding: $0.9M
- Latest round: Seed (Dec 16, 2024)
- Investors on record: 3

## About

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. In February 2025 it raised USD 1.1 million in pre-seed funding led by Antler and 9Unicorns, with Venture Catalysts and angel investors.

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. 

Following its February 2025 pre-seed round, Dodo Payments plans to deploy capital into product development, establishing local payment rails across 30+ new markets (EU, UK, Southeast Asia, Middle East, Brazil, Australia), and strengthening compliance and security. 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.

## Funding rounds

- Seed, Dec 16, 2024, $0.9M — Venture Catalysts, Antler, 100Unicorns

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Seed
- Antler (https://capitalatlas.ai/funds/antler) — Seed
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Seed