In our ninth episode of "Startup to Scaleup," we spoke to Srivatsan Sridhar, the founder & CEO of Skydo. A company co-founded in 2022 by Sridhar and Movin Jain.
Skydo aims to make the cross-border payments process easier for SMBs and MSMEs by simplifying their banking operations, documentation management, and workflow automation solutions.
During the interview, Sridhar shed light on India's export market, which is expected to reach $900 billion in the current financial year, marking a significant increase from the previous year's $770 billion. He highlighted that India's export potential is underpinned by its advantageous demographic dividend, owing to its young population.
Sridhar also emphasized the favorable conditions, or "tailwinds," supporting India's export market. These factors collectively paint an optimistic outlook for India's role in global trade, positioning the country as a noteworthy player to watch in the years to come.
Discussing Skydo's expansion plans, Sridhar revealed the company's evolution from its origins as a payments platform. It has since expanded its services to include features like invoicing and payment reminders. Looking forward, Skydo has ambitious plans to diversify its offerings by exploring the potential of providing financing services. Beyond that, the company has its sights set on going global as well.