Fintech startup Jodo raises $15 million in funding led by Tiger Global

Jodo, a fintech startup focused on education payments, has raised $15 million in a fresh funding round led by New York-based investment firm Tiger Global.

Existing investors Elevation Capital and Matrix Partners India, from whom Jodo raised $4 million in 2020, also participated in the round.

The company said it will use the funds to accelerate its product innovation and sales, as well as to grow its headcount.