Financepeer funding, investors and company details

Financepeer is an emerging Education - Edtech startup from Mumbai, working in the space of to provide accessible, affordable, and technology-driven financial solutions for education.. Founded by Rohit Gajbhiye, Sunit Gajbhiye, Naveesh Reddy, Debi Prasad Baral.

Company: Visionary Financepeer Private Limited
Sector: Education - Edtech
Location: Mumbai
Founders: Rohit Gajbhiye, Sunit Gajbhiye, Naveesh Reddy, Debi Prasad Baral
Total funding raised: ₹237.21 Cr

Company overview

Financepeer is an India-based edu-fintech (education finance technology) company, founded in 2017 and headquartered in Mumbai. It operates as a peer-to-peer (P2P) lending and fee financing platform, primarily focused on the education sector. The company connects lenders with borrowers (students/parents) through a digital platform and provides financial solutions such as school and college fee financing. It enables parents to pay fees in easy monthly instalments, often with zero-cost EMI options, while educational institutions receive full fees upfront, improving their cash flow.It also focuses on building a financial ecosystem that supports students, parents, and educational institutions by improving financial inclusion, reducing dropout rates, and enhancing access to quality education.

Funding rounds

Latest round (Series B): $ 31.00 Mn (₹237.21 Cr.), 2022-04-20. Investors: Aavishkaar Capital, US VC QED Investors