Rishabh Goel
Co-Founder & CEO
Mar 3, 2025
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3
min
Dodo Payments raises $1.1M from Top Global Investors! 🚀
We’re thrilled to announce that Dodo Payments, the first global Merchant of Record (MoR) platform tailored for India and emerging markets has 𝗿𝗮𝗶𝘀𝗲𝗱 $𝟭.𝟭𝗠 𝗶𝗻 𝗽𝗿𝗲-𝘀𝗲𝗲𝗱 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗿𝗼𝘂𝗻𝗱 🦤 🚀
The investment was co-led by Antler & 100Unicorns and includes participation from other investors including Venture Catalysts++ | India's 1st Multi-Stage VC, Nitin Gupta (Uni & PayU), Maninder Gulati (ex-Oyo/Lightspeed), Preethi Kasireddy (ex-a16z Partner), Raymond Russell (ex-Boom Supersonic CoS) and many more!
𝗢𝘂𝗿 𝗺𝗶𝘀𝘀𝗶𝗼𝗻 𝗶𝘀 𝘀𝗶𝗺𝗽𝗹𝗲: we want to enable businesses globally to effortlessly collect payments from all over the world.
Without worrying about payment methods, billing, invoicing, taxes, fraud, chargebacks or rather anything that takes their focus away from their product.
Seems pretty straightforward enough right? Not really.
It’s 2025 now.
𝗔𝗜 𝗶𝘀 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗿𝗮𝗴𝗲. The number of startups popping up every year shatters the previous year’s numbers.Businesses from emerging markets are launching products for global audiences from Day0. With AI, the time taken to build and ship products have come insanely down.
If software is eating the world, AI is deciding what’s on the menu next. 𝗔𝗻𝗱 𝘆𝗲𝘁, 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗴𝗹𝗼𝗯𝗮𝗹 𝗽𝗮𝘆𝗺𝗲𝗻𝘁𝘀 𝗵𝗮𝘃𝗲 𝗻𝗼𝘁 𝗲𝘃𝗼𝗹𝘃𝗲𝗱.
Dodo Payments is changing this.
So far, we’ve made significant strides, working with 𝟭,𝟬𝟬𝟬+ 𝗺𝗲𝗿𝗰𝗵𝗮𝗻𝘁𝘀 𝗳𝗿𝗼𝗺 𝗼𝘃𝗲𝗿 𝟯𝟬 𝗰𝗼𝘂𝗻𝘁𝗿𝗶𝗲𝘀, and we’re setting our sights higher. By the end of 2025, we aim to onboard 10,000+ merchants globally.
Our platform already supports 25+ local payment methods, including Apple Pay, Klarna, Affirm, CashApp, UPI, and all major card networks. With this funding, we’re doubling down on our mission to simplify global payments and make cross-border transactions seamless for businesses worldwide.
Learn more about our fundraise in our blog, here.
We’re just getting started 🙂
Top Highlights from the week
🔹 Teams Feature: Collaborate seamlessly with your team by inviting Editors and Viewers to your Business. Try it out in the Business > Teams section of the Dashboard.
🔹 Enhanced Success/Failure Screens: Updated default success and failure screens for improved customer visibility and invoice download options when no redirect_url is provided.
That’s all for now but like I’ve said before, we’d be happy to build features for what you’re looking for. You can check out our full changelog here: Dodo Payments Changelog
What’s Next?
We’re constantly rolling out exciting updates and can’t wait to share what’s coming next.Stay tuned for more insights in the next newsletter!
Got feedback or feature requests?
Visit our community forum on Discord to share your thoughts.
Cheers,
Rishabh Goel
Co-Founder & CEO
Dodo Payments
