Skydo raises $10 Mn in Series A led by Susquehanna Asia VC

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Bengaluru-based cross-border payments platform Skydo has raised $10 million in its Series A round led by Susquehanna Asia Venture Capital, with participation from existing investor Elevation Capital.

Skydo has raised $19.7 million in equity funding so far, led by Elevation Capital, including a $5 million round in August last year.

The new proceeds will be used to expand local collections across more than 20 new countries in Southeast Asia, the Middle East, Africa, and Latin America. 

Founded by Srivatsan Sridhar and Movin Jain, Skydo allows exporters…



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Skydo raises $10 Mn in Series A led by Susquehanna Asia VC


Bengaluru-based cross-border payments platform Skydo has raised $10 million in its Series A round led by Susquehanna Asia Venture Capital, with participation from existing investor Elevation Capital.

Skydo has raised $19.7 million in equity funding so far, led by Elevation Capital, including a $5 million round in August last year.

The new proceeds will be used to expand local collections across more than 20 new countries in Southeast Asia, the Middle East, Africa, and Latin America. 

Founded by Srivatsan Sridhar and Movin Jain, Skydo allows exporters…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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