Skydo was founded by Movin Jain, Srivatsan Sridhar in 2022.

Who are Skydo's investors?

Skydo's investors include Better Capital, Elevation Capital, Eximius Ventures, Operators Studio.

How much funding has Skydo raised?

Skydo has disclosed $10M raised across 1 of its 3 known rounds.

Where is Skydo headquartered?

Skydo is headquartered in Bengaluru, IN.

Skydo

Bengaluru, IN · Founded 2022 · 207 employees on LinkedIn · 6 known investors

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Skydo provides cross-border payment services that let businesses and freelancers in India receive payments from international clients with zero FX margins and a flat fee. Operating under RBI's PA-CB framework, it partners with banks to offer transfers, instant FIRA documentation, and payment collection from over 150 countries.

Fintech SaaS

Founders & leadership

Skydo was founded in 2022 by Movin Jain and Srivatsan Sridhar.

Movin Jain FounderMovin Jain is the founder of Skydo, a cross-border payments platform providing Indian MSME exporters with local virtual accounts to receive global revenue. He previously led the payments product at PhonePe, held product roles at Meesho and Ola Cabs, worked with the marketplace team at InMobi, was CTO and co-founder of galleri5, and was a fixed income trader at Barclays; he studied computer science and business.

Srivatsan Sridhar FounderCo-founder of Skydo, which provides cross-border payment services for businesses and freelancers to receive international payments with competitive fees and minimal FX margins.

Investors · 6

Better Capitallisted by Better Capital$5K – $100Kvia Vaibhav Domkundwar · inferred

How we know: Better Capital's portfolio page · Not right? Tell us

Elevation Capitallisted by Elevation CapitalGurugram

How we know: Elevation Capital's portfolio page · funding news · m.economictimes.com · open dataset · 5k.vc investor directory · Not right? Tell us

Eximius Ventureslisted by Eximius VenturesDelhi · $500K – $1M

How we know: Eximius Ventures's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Operators Studiolisted by Operators StudioSan Francisco · $300K

How we know: Operators Studio's portfolio page · Not right? Tell us

Also in the syndicate · 2

Susquehanna Asia VCleadSusquehanna Asia Venture Capitallead

Funding

SEC filings, press & company announcements

$10M disclosed across 1 of 3 rounds · 2024–2026

$10MSeries ADec 2025 · 3 sources
Susquehanna Asia VC (lead), Susquehanna Asia Venture Capital (lead)
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Skydo Raises $3.0 | Signalbasetrysignalbase.com · Apr 2026

Frequently asked questions

What does Skydo do?: Skydo provides cross-border payment services that let businesses and freelancers in India receive payments from international clients with zero FX margins and a flat fee. Operating under RBI's PA-CB framework, it partners with banks to offer transfers, instant FIRA documentation, and payment collection from over 150 countries.
Who founded Skydo?: Skydo was founded by Movin Jain, Srivatsan Sridhar in 2022.
Who are Skydo's investors?: Skydo's investors include Better Capital, Elevation Capital, Eximius Ventures, Operators Studio.
How much funding has Skydo raised?: Skydo has disclosed $10M raised across 1 of its 3 known rounds.
Where is Skydo headquartered?: Skydo is headquartered in Bengaluru, IN.