Lightning-fast payroll for your team in India. Send one bulk transfer, and we instantly split it into fully compliant payouts, slashing your payment fees by 80%+ while saving you hours every cycle.
I’m Rishabh, head of product at Skydo, and today we’re excited to share Skydo Payouts with you for the very first time.
Why we built it
Running Skydo’s cross-border receivables product put us on weekly calls with founders who rely on talent in India. Every conversation sounded the same:
Hidden FX fees: 1-2 % vanishing on every transfer
Compliance headaches: no FIRC, endless bank e-mails, month-end panic
"Bulk" payouts that weren’t bulk: one wire, one invoice, on repeat
It shouldn’t be harder to pay engineers in Bengaluru than to buy coffee in SF. So we decided to fix payouts once and for all.
What Skydo Payouts does
One bulk transfer -> fully compliant INR salaries in every teammate’s bank account the next morning.
Transparent pricing – zero per-payee fees, no subscriptions
Pay 10 or 10,000 people in one go – upload a CSV, review, hit send
Invoices & FIRCs generated automatically – every payout is audit-ready
Real-time settlement & QuickBooks sync – funds land fast and ledgers stay tidy
Since our private beta opened in February we’ve already moved $1 M+ in monthly payroll, saving customers 100s of hours of payroll processing time and ~60 % on payout costs
Who it’s for
Founders & finance teams paying Indian contractors or employees
Marketplaces and agencies with hundreds of freelancers
Payroll / EoR platforms that need a faster India rail
PH-only perk 🎁
Sign up with code through product hunt and we’ll waive the platform fee for your first payout month (offer lasts through 31 July 2025).
Check out the link in the hunt, give Skydo Payouts a try, and let us know what you think. I’ll be in the comments all day- ask me anything about RBI rules, FX, or scaling global ops.
Huge thanks to hunting us and to every founder who kept nudging us to build this. 🚀
@rishabh_san Hi Rishabh and the team, congrats on the launch!
I am hopeful Skydo will fill the gap left by many traditional tools - too much transaction fees on top of monthly recurring fees, and not to mention the reconciliation headache. It's great to see makers trying to connect the gap between the West and the East. A much needed tool for startups and makers in the West who rely on outsourcing in India. Congrats again and all the best for the road ahead!
For me, working on Skydo Payouts has been like watching a puzzle come together piece by piece.
As someone who’s been on the design side, I can’t tell you how satisfying it’s been to figure out how to simplify something so complex.
At the beginning, I honestly wasn’t sure how we’d manage to make cross-border payments feel simple, but as the product grew, so did our ideas. It’s been inspiring to see how much the team has learned and adapted, and now that we’re launching – I’m just proud to be part of something that’s going to make a difference for so many businesses.
When I first started with the Skydo team, I couldn't fully appreciate just how much we were setting out to tackle. Cross-border payments? Seems simple enough. But as we got into it, I realized how many small details and roadblocks businesses face on a daily basis. (Which is so unlike domestic fintech in the modern context!)
Working with this team to break it all down and rebuild it into something fast, reliable and transparent has been one of the most satisfying challenges.
The way we’ve all come together to solve this problem, with each team member bringing something unique to the table that’s what makes me so proud of Skydo Payouts. Can’t wait for everyone to see it in action
Using Skydo for a while now, and I have following observations
1. Skydo is way cheaper than wise, Payoneer and PayPal.
2.Skydo has received a PA-CB licence from RBI. The reason I trust Skydo.
3. Other Platforms which boast zero charge options generally have high fx markup. Others platforms are not transparent as well like Skydo
Hey PH Community! 👋
I’m Rishabh, head of product at Skydo, and today we’re excited to share Skydo Payouts with you for the very first time.
Why we built it
Running Skydo’s cross-border receivables product put us on weekly calls with founders who rely on talent in India. Every conversation sounded the same:
Hidden FX fees: 1-2 % vanishing on every transfer
Compliance headaches: no FIRC, endless bank e-mails, month-end panic
"Bulk" payouts that weren’t bulk: one wire, one invoice, on repeat
It shouldn’t be harder to pay engineers in Bengaluru than to buy coffee in SF. So we decided to fix payouts once and for all.
What Skydo Payouts does
One bulk transfer -> fully compliant INR salaries in every teammate’s bank account the next morning.
Transparent pricing – zero per-payee fees, no subscriptions
Pay 10 or 10,000 people in one go – upload a CSV, review, hit send
Invoices & FIRCs generated automatically – every payout is audit-ready
Real-time settlement & QuickBooks sync – funds land fast and ledgers stay tidy
Built-in compliance – RBI PACB approval + ISO 27001 & SOC 2 safeguards
Since our private beta opened in February we’ve already moved $1 M+ in monthly payroll, saving customers 100s of hours of payroll processing time and ~60 % on payout costs
Who it’s for
Founders & finance teams paying Indian contractors or employees
Marketplaces and agencies with hundreds of freelancers
Payroll / EoR platforms that need a faster India rail
PH-only perk 🎁
Sign up with code through product hunt and we’ll waive the platform fee for your first payout month (offer lasts through 31 July 2025).
Check out the link in the hunt, give Skydo Payouts a try, and let us know what you think. I’ll be in the comments all day- ask me anything about RBI rules, FX, or scaling global ops.
Huge thanks to hunting us and to every founder who kept nudging us to build this. 🚀
- Rishabh & the Skydo Crew
@rishabh_san Congratulations on the launch team!
Skydo's already doing lots for the community especially for founders. Really hoping to see great updates and impactful features very soon!
Sprinto
@rishabh_san congrats on the launch ! looks great
@tuneerprod Thanks!
Intract
@rishabh_san congrats! Product looks amazing :))
@rishabh_san Hi Rishabh and the team, congrats on the launch!
I am hopeful Skydo will fill the gap left by many traditional tools - too much transaction fees on top of monthly recurring fees, and not to mention the reconciliation headache. It's great to see makers trying to connect the gap between the West and the East. A much needed tool for startups and makers in the West who rely on outsourcing in India. Congrats again and all the best for the road ahead!
Spyne
@rishabh_san 🚀🚀🚀
@aditya_pani Congratulations!
When I first started with the Skydo team, I couldn't fully appreciate just how much we were setting out to tackle. Cross-border payments? Seems simple enough. But as we got into it, I realized how many small details and roadblocks businesses face on a daily basis. (Which is so unlike domestic fintech in the modern context!)
Working with this team to break it all down and rebuild it into something fast, reliable and transparent has been one of the most satisfying challenges.
The way we’ve all come together to solve this problem, with each team member bringing something unique to the table that’s what makes me so proud of Skydo Payouts. Can’t wait for everyone to see it in action