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Funding Round Profile

Jodo

start up
India - Bengaluru
  • 09/08/2022
  • Series A
  • $15,000,000

Jodo is a fintech start-up building payment solutions to make education payments convenient & affordable for parents while simplifying fee collections for education institutes.

Typically, parents/students end up paying education fees in lump sums as institutes don’t have the right payment solutions to offer flexible payment options. Jodo’s suite of products - Jodo Cred, Jodo Flex, and Jodo Pay - are custom-built recurring payment solutions that allow parents/students to pay their fees in a manner most convenient to them.

Our products increase fee realization for institutes by locking in cashflows while taking away the hassle of fee collection. We seamlessly enable the entire fee collection process - fee structure creation, notification, settlements, and reconciliation - and give fee collection visibility via smart analytics to management and finance teams.

By opting to pay via Jodo’s payment plans, parents also become a part of Jodo’s parent community and get access to high-quality content, exclusive events, and curated awards - all aimed at enriching the student’s learning journey.

Jodo is started by three co-founders, who have a pedigreed education background (IIT/IIM) and relevant experience in financial services (ex-Nomura, Goldman Sachs, Morgan Stanley, Barclays, Edelweiss Capital). Jodo is backed by high-quality investors.
• VC investors: Elevation Capital, Matrix Partners - investors in Paytm, Swiggy, Urban Company, Ola, Practo
• Angel investors: Kunal Shah (CRED), Nithin Kamath (Zerodha), Amit Ranjan (SlideShare)

If Jodo’s mission excites you, share what you can bring to the table at careers@jodopay.com


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