# Kodo **Source:** https://geo.sig.ai/brands/kodo **Vertical:** Finance **Subcategory:** Accounting Software **Tier:** Emerging **Website:** kodo.co.in **Last Updated:** 2026-04-14 ## Summary Southeast Asian corporate spend management with company cards; employee expense control and vendor payments for Indonesian and ASEAN SMEs competing with Aspire and Volopay. ## Company Overview Kodo is a corporate spend management platform providing company cards, expense management, and vendor payment solutions for businesses in Southeast Asia — targeting growing companies in the region that need modern financial infrastructure beyond basic bank accounts and manual expense tracking. Founded in 2021 and headquartered in Indonesia, Kodo targets the large and underserved SME market in Southeast Asia where most businesses still manage expenses through personal credit cards, WhatsApp payment approvals, and spreadsheet reconciliation.\n\nKodo's platform provides corporate Visa cards for employees with spending controls (per-transaction limits, merchant category restrictions), real-time transaction visibility for finance teams, automated receipt collection via the Kodo mobile app, and integration with accounting software for reconciliation. The vendor payment module enables direct B2B transfers and vendor management from the same platform that manages employee expenses, creating a unified spending view.\n\nIn 2025, Kodo competes in the Southeast Asian corporate spend management market against Volopay, Aspire (corporate banking), Juni (European), and the regional operations of global players. Southeast Asia's growing startup and SME ecosystem creates significant demand for modern financial tools that global platforms like Ramp and Brex don't yet serve at scale in local currencies and local banking integrations. Kodo's 2025 strategy focuses on deepening Indonesian market penetration, expanding to other Southeast Asian markets (Vietnam, Malaysia, Philippines), and building accounting integrations with local ERP and accounting software commonly used in the region. ## Frequently Asked Questions ### What is Kodo? Kodo is a Mumbai-based corporate card and spend management platform founded in 2019 that provides intake-to-pay, accounts payable automation, and expense management solutions. The company is specifically designed to serve Indian startups and was part of Y Combinator's Winter 2021 batch. ### What products and services does Kodo offer? Kodo offers a corporate card platform, spend management software, accounts payable automation, expense management solutions, and a purchase request system. These solutions help companies manage their spending and payment processes from intake to payment. ### Who is Kodo designed for? Kodo is specifically designed for Indian startups. The platform provides tailored spend management and corporate card solutions to meet the needs of growing companies in India. ### When was Kodo founded and by whom? Kodo was founded in 2019 by Deepti Sanghi and Gaurav Thapa. The company has been operating for over 5 years in the Indian fintech space. ### Where is Kodo located? Kodo is based in Mumbai, Maharashtra, India. The company operates from India's financial capital to serve its startup customer base. ### How much funding has Kodo raised? Kodo has raised $9.57 million in total funding over 3 rounds from 7 investors. The company's seed round of $8.75 million was completed in May 2021, with backing from Y Combinator, Brex, and Pioneer Fund. ### What are Kodo's key business metrics? As of March 2024, Kodo generated ₹6.39 crore in revenue (approximately $760,000 USD). The company employs 35 people as of August 2025. ### What is Kodo's approach to spend management? Kodo provides an integrated intake-to-pay solution that combines corporate cards with spend management and accounts payable automation. This approach helps startups streamline their entire payment and expense management workflow in one platform. ### Which Y Combinator batch was Kodo part of? Kodo was part of Y Combinator's Winter 2021 (W21) batch. This accelerator program helped the company secure funding and grow its business in the Indian startup ecosystem. ### Who are Kodo's investors? Kodo is backed by 7 investors across 3 funding rounds, including notable names like Y Combinator, Brex, and Pioneer Fund. The company raised its largest round of $8.75 million in seed funding in May 2021. ## Tags b2b, fintech, payment-processing, asia-pacific, startup --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*