GrayQuest logo — Pioneering a new way to pay education fees in India!

GrayQuest

Pioneering a new way to pay education fees in India!

Founded 2017 India Mumbai, India 457 employees Series A Total: $870.70M Financial Services

General Information

Company Name GrayQuest
Founded Year 2017
Location India Mumbai, India
Employees 457
Industries Financial Services
Funding Stage Series A
Social

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About GrayQuest

GrayQuest, with the slogan "Pioneering a new way to pay education fees in India," is India's largest education focused fintech company. The company offers a suite of products including SAAS, payments, and BNPL use cases for educational institutions across the country. Its primary offering is a monthly fee payment plan that enables students and parents to pay education fees in bite-sized monthly payments at zero extra cost, in addition to access to a range of insurance and other benefits. With over 4000+ educational institutions and 2M+ students across the country, GrayQuest has gained significant traction since its establishment in 2017. The company has garnered support from notable entrepreneurs including founders/CxOs of companies such as CRED, Udaan, Flipkart, OyO, Shaadi, Pidilite, and many more. The latest milestone for the company is the INR560.00M Series A investment led by Pravega Ventures, Kunal Shah, David Peixoto, Pravin Jadhav, Anupam Mittal, Ashok Wadhwa Family Office, Revant Bhate, Nitin Gupta, Abhishek Goyal, and Aakrit Vaish on 09 March 2023. GrayQuest's rapid growth is also reflected in its active hiring across Product, Tech, Marketing, and Sales functions, showcasing its ambition to foster a fast-paced, dynamic, and competitive work culture with a strong focus on flexibility and empathy towards its team.

Taxonomy: payments, SAAS, BNPL, start-up, technology, entrepreneurship, student finance, India, consumer finance, education technology, marketplace

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A INR560.00M 10
Pravega Ventures, Kunal Shah +8
09 Mar 2023
Series A INR309.50M -
13 Dec 2022
Seed Round Undisclosed -
13 Jun 2022
Seed Round $1.20M -
17 Aug 2020

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FAQ About GrayQuest

Pioneering a new way to pay education fees in India!
GrayQuest was founded in 2017.
GrayQuest is headquartered in Mumbai, India.
GrayQuest operates in Financial Services. Its work centres on payments, SAAS, BNPL and start-up.
GrayQuest has approximately 457 employees.
GrayQuest has completed 4 funding rounds, raising a total of $870.70M. The latest funding stage is Series A.
Top alternatives and competitors to GrayQuest include PayPo, Future Finance, Flexmoney Technologies Pvt Ltd, PayMon, Fundi SA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
GrayQuest and PayPo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for GrayQuest, https://bouncewatch.com/company/grayquest, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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