Dodo Digest: We raised $1.1M from Top Global Investors!

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Rishabh Goel

Co-Founder & CEO

Mar 3, 2025

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Dodo Payments raises $1.1M from Top Global Investors! ๐Ÿš€

Weโ€™re thrilled to announce that Dodo Payments, the first global Merchant of Record (MoR) platform tailored for India and emerging markets has ๐—ฟ๐—ฎ๐—ถ๐˜€๐—ฒ๐—ฑ $๐Ÿญ.๐Ÿญ๐—  ๐—ถ๐—ป ๐—ฝ๐—ฟ๐—ฒ-๐˜€๐—ฒ๐—ฒ๐—ฑ ๐—ณ๐˜‚๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐—ฟ๐—ผ๐˜‚๐—ป๐—ฑ ๐Ÿฆค ๐Ÿš€

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!

๐—ข๐˜‚๐—ฟ ๐—บ๐—ถ๐˜€๐˜€๐—ถ๐—ผ๐—ป ๐—ถ๐˜€ ๐˜€๐—ถ๐—บ๐—ฝ๐—น๐—ฒ: 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.

Itโ€™s 2025 now.

๐—”๐—œ ๐—ถ๐˜€ ๐—ฎ๐—น๐—น ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฎ๐—ด๐—ฒ. The number of startups popping up every year shatters the previous yearโ€™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 whatโ€™s on the menu next. ๐—”๐—ป๐—ฑ ๐˜†๐—ฒ๐˜, ๐—ฝ๐—ฟ๐—ผ๐—ฐ๐—ฒ๐˜€๐˜€๐—ถ๐—ป๐—ด ๐—ด๐—น๐—ผ๐—ฏ๐—ฎ๐—น ๐—ฝ๐—ฎ๐˜†๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—ต๐—ฎ๐˜ƒ๐—ฒ ๐—ป๐—ผ๐˜ ๐—ฒ๐˜ƒ๐—ผ๐—น๐˜ƒ๐—ฒ๐—ฑ.

Dodo Payments is changing this.

So far, weโ€™ve made significant strides, working with ๐Ÿญ,๐Ÿฌ๐Ÿฌ๐Ÿฌ+ ๐—บ๐—ฒ๐—ฟ๐—ฐ๐—ต๐—ฎ๐—ป๐˜๐˜€ ๐—ณ๐—ฟ๐—ผ๐—บ ๐—ผ๐˜ƒ๐—ฒ๐—ฟ ๐Ÿฏ๐Ÿฌ ๐—ฐ๐—ผ๐˜‚๐—ป๐˜๐—ฟ๐—ถ๐—ฒ๐˜€, and weโ€™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, weโ€™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.

Weโ€™re just getting started ๐Ÿ™‚

Top Highlights from the week 

๐Ÿ”น 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.

๐Ÿ”น Enhanced Success/Failure Screens: Updated default success and failure screens for improved customer visibility and invoice download options when no redirect_url is provided.

Thatโ€™s all for now but like Iโ€™ve said before, weโ€™d be happy to build features for what youโ€™re looking for. You can check out our full changelog here: Dodo Payments Changelog

Whatโ€™s Next?

Weโ€™re constantly rolling out exciting updates and canโ€™t wait to share whatโ€™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 

Scale your business with frictionless global transactions

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