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

Rishabh Goel
Co-Founder & CEO
Mar 3, 2025
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3
min
Dodo Payments raises $1.1M from Top Global Investors! ๐
Weโre thrilled to announce that Dodo Payments, the first global Merchant of Record (MoR) platform tailored for India and emerging markets has ๐ฟ๐ฎ๐ถ๐๐ฒ๐ฑ $๐ญ.๐ญ๐ ๐ถ๐ป ๐ฝ๐ฟ๐ฒ-๐๐ฒ๐ฒ๐ฑ ๐ณ๐๐ป๐ฑ๐ถ๐ป๐ด ๐ฟ๐ผ๐๐ป๐ฑ ๐ฆค ๐
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!
๐ข๐๐ฟ ๐บ๐ถ๐๐๐ถ๐ผ๐ป ๐ถ๐ ๐๐ถ๐บ๐ฝ๐น๐ฒ: 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.
Itโs 2025 now.
๐๐ ๐ถ๐ ๐ฎ๐น๐น ๐๐ต๐ฒ ๐ฟ๐ฎ๐ด๐ฒ. The number of startups popping up every year shatters the previous yearโs 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 whatโs on the menu next. ๐๐ป๐ฑ ๐๐ฒ๐, ๐ฝ๐ฟ๐ผ๐ฐ๐ฒ๐๐๐ถ๐ป๐ด ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ฝ๐ฎ๐๐บ๐ฒ๐ป๐๐ ๐ต๐ฎ๐๐ฒ ๐ป๐ผ๐ ๐ฒ๐๐ผ๐น๐๐ฒ๐ฑ.
Dodo Payments is changing this.
So far, weโve made significant strides, working with ๐ญ,๐ฌ๐ฌ๐ฌ+ ๐บ๐ฒ๐ฟ๐ฐ๐ต๐ฎ๐ป๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ผ๐๐ฒ๐ฟ ๐ฏ๐ฌ ๐ฐ๐ผ๐๐ป๐๐ฟ๐ถ๐ฒ๐, and weโre 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, weโre 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.
Weโre just getting started ๐
Top Highlights from the week
๐น 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.
๐น Enhanced Success/Failure Screens: Updated default success and failure screens for improved customer visibility and invoice download options when no redirect_url is provided.
Thatโs all for now but like Iโve said before, weโd be happy to build features for what youโre looking for. You can check out our full changelog here: Dodo Payments Changelog
Whatโs Next?
Weโre constantly rolling out exciting updates and canโt wait to share whatโs 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




