# Jodo: Financial services, Bengaluru, India

> Jodo: Jodo is a fintech startup founded in 2020 by alumni from the Indian Institutes of Technology and Management. Based in Bengaluru, India. Founded 2020.

Source: https://millionrounds.com/startup/jodo (Millionrounds; every figure on the page links to its filing or article)

India · [Financial services startup](https://millionrounds.com/companies)

# Jodo

Jodo is a fintech startup founded in 2020 by alumni from the Indian Institutes of Technology and Management.

Funding reported Last round: Series A

Financial services Bengaluru, India

Company summary

- **Founded:** 2020 6 years old
- **Team:** 450 201 to 1,000 people
- **Funding reported:** 18.8M as listed, currency not stated
- **Last round:** Series A Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Jodo has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Jodo

Jodo is a fintech startup founded in 2020 by alumni from the Indian Institutes of Technology and Management.

Based in Bengaluru, India, Jodo focuses on transforming education finance by making payment processes more convenient and affordable for parents while simplifying fee collection for educational institutions. The company partners with over 3,000 educational institutes across 90 cities, serving approximately 1.5 to 2 million parents and students. Jodo offers a range of services, including automated fee collection, flexible payment plans, and cash flow management tools. Their products, such as Jodo Cred, Jodo Flex, and Jodo Pay, provide tailored solutions for both parents and educational institutions. These offerings enable parents to pay fees in monthly installments without interest, while institutions benefit from streamlined financial operations and enhanced cash flow management. Jodo aims to ensure that financial barriers do not hinder access to quality education for middle-income households in urban India.

## What company datasets say Jodo raised

Funding, as reported

Reported in all **18.8M** in the source's currency

Rounds **2**

Last round **Series A**

Last round size **15M**

Last round date **Aug 2022**

Investors listed **5**

## On a portfolio page

Investors who name them

- [Rainmatter by Zerodha](https://millionrounds.com/fund/rainmatter-by-zerodha)

Each firm lists Jodo on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

growth international payments parent community bank account routing reserve fintech for education fee collection for coaching centers computer & network security college fee automation payment automation fee reconciliation education finance software secure fee transactions education parent engagement tools information technology & services

Built with from their website

Google Tag Manager Amazon CloudFront Envoy PWA Tailwind CSS Google Ads Font Awesome YouTube Adobe After Effects Google Workspace

+8 more

CloudFlare Viewport Meta Google Play MongoDB Element UI Hubspot PostgreSQL Facebook SDK

- **Sector:** Financial services
- **Industry code:** NAICS 522320, 611710, SIC 7375
- **Region:** Karnataka
- **Revenue:** 143.9M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/jodo)

## Financial services in India

Startups like it

- [**KreditBee** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/kreditbee)
- [**CoinDCX** Mumbai · founded 2018 *Raised*](https://millionrounds.com/company/coindcx)
- [**Navi** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/navi)
- [**Scapia** Bengaluru · founded 2022 *Raised*](https://millionrounds.com/company/scapia)
- [**Khatabook** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/khatabook)
- [**KredX** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/kredx)
- [**Turtlemint** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/turtlemint)
- [**Upstox** Mumbai · founded 2009 *Raised*](https://millionrounds.com/company/upstox)

## Is this your company?

Add your raise, your deck and your story, and put Jodo in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)