Abhishek Agarwalla from Aidetic shares his incredible Skydo journey, and we couldn't be more grateful. 🌟 Hear his story and discover how he significantly reduced forex costs with us, saving a remarkable Rs.10 lakh! It's stories like his that drive our commitment to helping businesses thrive in cross-border transactions If you want to save your money and avoid all the hassles banks put you through, try Skydo. Link in the comments. #internationalpayments #exports #testimonial #crossborderpayments #skydo
Skydo
Financial Services
Bengaluru, Karnataka 8,977 followers
Receive foreign payments effortlessly
About us
We are a fintech startup based out of Bangalore on a mission to make cross-border B2B payments hassle-free & reduce forex charges for businesses by more than 50%. By partnering with leading banks across the globe, we provide businesses with their own foreign virtual accounts for receiving payments - without any taxation or compliance burdens. We convert the money at live Fx rate with ZERO markup & charge a flat $29 fee for every transaction. Create your US virtual account right away, by signing up on skydo.com - it takes just 5 minutes!
- Website
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https://bit.ly/47pXB7t
External link for Skydo
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- Bengaluru, Karnataka
- Type
- Privately Held
- Founded
- 2022
Locations
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Primary
Bengaluru, Karnataka 560102, IN
Employees at Skydo
Updates
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At Amazon's Export Connect Coimbatore, we spoke with 600+ sellers, both new and experienced, about the reality of selling globally. While the energy was high, many sellers shared these challenges: 🔹 High forex markups – Many didn’t realize hidden charges were reducing their earnings. 🔹 Delayed settlements – Payments took days to arrive, affecting cash flow. 🔹 Compliance issues – Struggles with BRC, FIRC, and tax filings made things complicated. These conversations showed how important smooth cross-border payments are for Indian exporters. Events like this help sellers share, learn, and grow. Big thanks to Amazon Global Selling for creating this space for real discussions! #AmazonGlobalSelling #ExportConnect #GlobalBusiness #CrossBorderPayments #Forex #BRC #FIRC
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Skydo reposted this
Small inefficiencies add up to big costs! Let’s say you receive 4 international payments every month. Getting paid shouldn’t take this much effort, but the hidden inefficiencies add up over time - more than you might realize! - 30 min per invoice following up for payments with your clients, often rewriting and re-editing your text to avoid sounding impolite - 60 minutes per payment sharing invoices and documents, negotiating forex rates with the bank - 2 hours a month searching for and reconciling payments, obtaining FIRAs and working with your CA That’s 100 hours a year spent managing payments, notwithstanding stress and anxiety! An hour of your time is priceless, but even at ₹ 5,000 per hour, that’s ₹ 5 lacs per year! On top of that, conversion fees at 3-5% sets you back by a further ₹ 10 lacs (for a business doing USD 300,000 in annual exports). ₹ 15 lac per year lost - 5% of revenue, more importantly, 25% of profits! Finally, if these inefficiencies force you to hire someone to manage payments, that’s another ₹ 5-7 lakh spent. You get the point. I would happily recommend you to use Skydo for your international payments - we promise to give you back this time and money if you did. More importantly, take a step back and evaluate where you are spending time as an entrepreneur!
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Skydo reposted this
Export Connect is where exporters, industry experts, and service providers come together to unlock global opportunities. Grab this opportunity to hear directly from expert exporters. Naveen C | Anoosh Kotak | Bharat Bhardwaj MGH Logistics India Pvt. Ltd. | Skydo | Xhipment #AmazonGlobalSelling #ExportConnect #GlobalSuccess #ExportBusiness
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Skydo reposted this
Skydo is excited to be a Gold Partner at Amazon Export Connect in Coimbatore on 7th March! E-Commerce Export comes with its challenges. Beyond demand generation, pricing, logistics and fulfilment, there is a long list of hassles in managing payments, complying with regulations, getting tax refunds and closing Shipping Bills. Our teams have been working hard to build an amazing new functionality that will simplify the lives of Amazon exporters, and massively improve Ease of Doing Business. We’ll be showcasing this new offering at the event. If you’re in Tamil Nadu and looking to expand globally, let’s connect at the event. See you there! Many more exciting events coming up across the country for Amazon exporters - watch this space! You can register with the link in comments!
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Ready to take your business global? Join us at Export Connect Coimbatore to connect with experts, simplify exports, and scale internationally! 📅 7th March | 📍 Le Méridien Coimbatore Go to the link in the comments to register! Amazon Global Selling
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Meet us at Fintech Meetup in Vegas on March 10-13!
Kicking off this year's conference season for Skydo with the Fintech Meetup in Vegas from March 10-13, 2025! 🏆 If you are an enterprise, global platform, payments company or a bank looking at cross-border payments in and out of India, I'd love to connect! 🌍 India is making phenomenal strides in cross-border trade and payments, and seeing exciting regulatory and Fintech activity! 🇮🇳 With the recent in-principle authorisation as a cross-border payments company in India, I'm keen to chat about all things India and cross-border, and how Skydo can help. #Fintech #CrossBorderPayments #IndiaPayments #Skydo #GlobalEnterprises #Payments #FintechMeetup #Networking #Innovation #Collaboration
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Skydo reposted this
Had an amazing chat with Hemant Kshirsagar and Elroy Serrao about the challenges of cross-border payments and how we're making them simpler for Indian businesses at Skydo. We covered everything—from high forex fees to how our virtual foreign currency accounts help SMEs get paid faster and cheaper. Find the full episode link in the comments
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Skydo reposted this
Kicking off this year's conference season for Skydo with the Fintech Meetup in Vegas from March 10-13, 2025! 🏆 If you are an enterprise, global platform, payments company or a bank looking at cross-border payments in and out of India, I'd love to connect! 🌍 India is making phenomenal strides in cross-border trade and payments, and seeing exciting regulatory and Fintech activity! 🇮🇳 With the recent in-principle authorisation as a cross-border payments company in India, I'm keen to chat about all things India and cross-border, and how Skydo can help. #Fintech #CrossBorderPayments #IndiaPayments #Skydo #GlobalEnterprises #Payments #FintechMeetup #Networking #Innovation #Collaboration
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