logo skydo

Help lead global cross-border payments

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Invested in 2022

Skydo is a cross-border payments platform that helps reduce friction, cost and time of transactions for small and medium exporters by partnering with leading banks across the globe.

current value

Current Value


Funding Stage


Founder Icon


Movin Jain

Movin Jain

other investors

Other Investors

Elevation Capital

Elevation Capital

Better Capital

Reason For Investment

Indian exports have risen multi-fold as more global markets are becoming receptive to India-manufactured goods and in order to diversify supply chains (China+1 strategy). However, cross-border transactions still operate on decades-old systems like SWIFT, MTSS, and various postal channels, charging high transaction fes and are plagued with issues like delays. Backed by a team with digital payments experience, Skydo is solving for the above issues by creating virtual foreign accounts hassle-free, charging zero markups & flat transaction fees, and providing real-time tracking features.

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