GrayQuest, an education-focused fintech company, has secured $1.2 million in pre-Series A funding led by Foundation Holdings. Mahansaria Family Office, Jeejeebhoy Family Office, Ashok Wadhwa’s Family Office, Samir Bhatia, and Rohit Dhoot amongst others also participated. The fresh capital would be utilized towards increasing its access to affordable education in India.
Founded in 2017, GrayQuest enables parents to pay their annual education fees in up to 12 monthly installments without incurring any extra cost. (Source-PR)