Payments gateway DanaMojo raises Rs.3-Cr from Rohini Nilekani, Social Alpha, others

DanaMojo, a Bengaluru based startup that provides online payment gateway to non-profit organisations, has raised INR 3.05 crore in its first round of funding. Rohini Nilekani, founder chairperson of Arghyam Foundation, and Social Alpha, a multistage innovation curation and venture development platform, are the key investors of DanaMojo. Seedfund India general partner Pravin Gandhi, and Vasanthi Anand are other investors. DanaMojo was launched in 2016 with an aim to simplify online payments for non-profits to reduce their overall time, energy and cost involved in managing donations. Over 900 NGOs have come on board of this startup.