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Skydo

Skydo Technologies Private Limited Bengaluru, Karnataka Founded 2022 skydo.com ↗
Srivatsan Sridhar · Co-founder & CEO Movin Jain · Co-founder
$20.2 MnTotal funding (tracked)
3Funding rounds
10 Dec 2025Last round
145Team size (sourced)

Skydo: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Zero forex markup at mid-market rate

Indian exporters lose between 3% and 7% of revenue to foreign-exchange mark-ups and opaque fees on traditional channels; Skydo offers conversion at the mid-market rate with no foreign-exchange markup.

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Flat-fee pricing, 24-hour settlement

Exporters receive payments through local collections with flat-fee pricing, zero forex markups, and 24-hour settlement.

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Instant compliance documentation

Zero FX margin, Flat fee, Instant FIRA - the platform instantly generates compliance documents like FIRA.

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Customer Segments

Indian exporters and MSMEs30,000+ MSMEs, freelancers, startups

Serves over 30,000 MSMEs, freelancers, and startups across more than 50 cities.

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Freelancers, software firms and small businesses

Platform targets "exporters, freelancers, software firms, and Amazon sellers."

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E-commerce sellers (Amazon Global Selling)

Skydo serves Amazon Global Selling merchants through an approved partnership, with tailored pricing and automated export documentation for marketplace sellers.

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Customer Relationships

No cited public information yet.

Channels

Web platform and virtual accounts

Global bank accounts in the US, UK, Canada, Australia, and 10+ countries; issues virtual receiving accounts so an Indian exporter's client can pay as though making a local transfer.

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InstaLinks payment links

Payment links via InstaLinks, compatible with 100+ US banks.

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Amazon Global Selling marketplace integration

Skydo serves Amazon Global Selling merchants through an approved partnership.

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Key Activities

Cross-border payment collection & settlement

Enables exporters to receive payments through local collections across multiple countries with flat-fee pricing, zero forex markups, and 24-hour settlement.

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Compliance automation

The platform automates compliance documentation and provides invoicing and accounting integration tools.

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International regulatory licensing

Plans include pursuing global licensing, scaling card payment infrastructure (InstaLinks), enhancing compliance automation, and launching developer APIs.

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Key Resources

RBI Payment Aggregator-Cross Border authorisation

Skydo was among the first companies to receive the Reserve Bank of India's in-principle approval under the Payment Aggregator-Cross Border (PA-CB) framework, and later received final RBI PA-CB authorisation on January 9, 2026.

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Global banking network

Skydo connects six global banks and enables payment collection in 32 currencies from major markets including the US, UK, Canada, Europe, Singapore, and the UAE.

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Key Partnerships

HDFC Bank, DBS Bank, Currencycloud, Banking Circle

HDFC Bank, DBS Bank, Currencycloud (a Visa company), and Banking Circle provide underlying banking infrastructure and services.

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Amazon Global Selling

Skydo serves Amazon Global Selling merchants through an approved partnership, offering tailored pricing and automated export documentation for marketplace sellers.

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Revenue Streams

Flat transaction fees

Skydo charges flat fees based on transaction size: $19 for payments up to $2,000, $29 for $2,001-$10,000, and 0.3% above $10,000.

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Custom enterprise pricing

Custom pricing is available for transactions exceeding $100K/month; Amazon Global Selling has separate pricing.

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Cost Structure

No cited public information yet.

FAQs on Skydo

What is Skydo's business model?

Skydo's core value proposition centers on Zero forex markup at mid-market rate, Flat-fee pricing, 24-hour settlement, Instant compliance documentation.

How does Skydo make money?

Skydo's cited revenue streams include Flat transaction fees, Custom enterprise pricing.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: entrackr.com · Last verified 15 Jul 2026. · Report a correction