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May 27, 2021 To utilise funds for its accelerated growth plans. Kodo, a corporate card start-up, has raised $8.75 million in seed capital from a slew of investors, including Brex, Goat Capital, Pioneer Fund and other Silicon Valley investors. Kodo was part of the winter 2021 batch of Y-Combinator. It was launched in 2019 with a mission to put a Kodo corporate card in the hands of every founder in India. It will use the funds raised to strengthen and expand its team across engineering, product, sales, credit and operations, to support its accelerated growth plans. Business collections and spends in India are witnessing a massive shift from cash to digital, creating a solid tailwind for Kodo’s cards and spend management tools. Card spends on Kodo have grown 45 per month-on-month for the last 12 months, leading to an 83X jump in transaction volumes, the company said in a statement. Companies using Kodo cards can issue multiple cards (virtual and physical) to their team members. Th

Deepti sanghiHenrique dubugrasPioneer fundGoat capitalSilicon valleyKodo payCorporate cardSeed capitalGrowth plansதீப்தி சங்கிமுன்னோடி நிதிவெள்ளாடு மூலதனம்சிலிக்கான் பள்ளத்தாக்குபெருநிறுவன அட்டைவிதை மூலதனம்வளர்ச்சி திட்டங்கள்