DanaMojo, India’s first exclusive payments solution platform for NGOs has raised Rs 3.05 crores from renowned philanthropist Rohini Nilekani and Social Alpha. Other investors who participated in this round included Pravin Gandhi, General Partner of Seedfund Venture Fund, and Vasanthi Anand.
According to an official statement, DanaMojo is one of the first organisations in its space to receive funding from an institutional investor in the form of Social Alpha in its first round of funding.