About Jodo
Jodo is a company based in Bengaluru (India) founded in 2020 by Raghav Nagarajan, Atulya Bhat, and Koustav Dey.. Jodo has raised $19.02 million across 3 funding rounds from investors including Groundupp Ventures, Techno India and Stride Ventures. The company has 321 employees as of April 07, 2024. Jodo operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Adyen, among others.
- Headquarter Bengaluru, India
- Employees 321 as on 07 Apr, 2024
- Founders Raghav Nagarajan, Atulya Bhat, Koustav Dey
- Stage Minicorn
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Sectors
EducationFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Bharosepe Technology Services Private Limited
- Date of Incorporation 17 Feb, 2020
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$960.05 K (USD)206.36as on Mar 31, 2023
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Net Profit
$-4.75 M (USD)-358.76as on Mar 31, 2023
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EBITDA
$-4.58 M (USD)-220.6as on Mar 31, 2023
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Total Equity Funding
$19.02 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Groundupp Ventures
& 47 more
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Employee Count
321
as on Apr 07, 2024
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Funding Insights of Jodo
Jodo has successfully raised a total of $19.02M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(24 Apr 2020)
- Investors Count 48
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Jodo | Valuation | Stride Ventures |
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| Jul, 2022 | Amount | Series A - Jodo | Valuation | Tiger Global Management | |
| Apr, 2020 | Amount | Seed - Jodo | Valuation | Elevation Capital , Matrix |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Jodo
Jodo has secured backing from 48 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Groundupp Ventures, Techno India and Stride Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt is provided to growth-stage companies for business scaling.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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Elevation Capital is focused on early-stage tech investments in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Jodo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Jodo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Jodo Comparisons
Competitors of Jodo
Jodo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Stripe, Razorpay, Flutterwave, PayU and Adyen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Payment processing and card issuance solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment and business banking solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payment issuance and processing solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Digital payments and engagement solutions are offered for MSMEs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Jodo
Frequently Asked Questions about Jodo
When was Jodo founded?
Jodo was founded in 2020.
Where is Jodo located?
Jodo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Is Jodo a funded company?
Jodo is a funded company, having raised a total of $19.02M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Apr 24, 2020.
How many employees does Jodo have?
As of Apr 07, 2024, the latest employee count at Jodo is 321.
What is the annual revenue of Jodo?
Annual revenue of Jodo is $960.05K as on Mar 31, 2023.
What does Jodo do?
Provider of an automated fee management platform for educational institutions. This platform automates fee collection, providing features such as auto-pay setup for installments, fee reminders, receipts, and reconciliation. It offers customizable payment pages for various fee types, including international payments. The platform also includes tools for managing fee schedules, due dates, discounts, and late fees, enabling easy tracking and reconciliation of all payments. A built-in communication layer facilitates automated fee-related notifications. The system aims to streamline fee-related operations and improve cash flow for educational institutions.
Who are Jodo's investors?
Jodo has 48 investors. Key investors include Groundupp Ventures, Techno India, Stride Ventures, Tiger Global, and Elevation Capital.
What is Jodo's valuation?
The valuation of Jodo is $87.66M as of Jul 2022.