GrayQuest
GrayQuest offers educational institutions a unified payments platform to digitise and boost their fee collection, enabling parents to pay annual education fees in flexible monthly installments (up to 12 no-cost EMIs) instead of bulk instalments.
GrayQuest: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 9 Jan 2025 | Series B | $9.3 Mn (INR 80 Cr) | Claypond Capital IIFL Fintech Fund Pravega Ventures | source |
| 9 Mar 2023 | Series A | $7 Mn (INR 56 Cr) | Pravega Ventures Anupam Mittal Apurva Parekh Ashok Wadhwa Family Office Kunal Shah Pravin Jadhav Telama Family Office Weizmann Group Yogesh Mahansaria Family Office | source |
| 17 Aug 2020 | Pre-Series A | $1.2 Mn | Foundation Holdings Ashok Wadhwa Family Office Jeejeebhoy Family Office Mahansaria Family Office Rohit Dhoot Samir Bhatia | source |
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Who founded GrayQuest?
GrayQuest was founded by Rishab Mehta in 2017.
How much funding has GrayQuest raised?
GrayQuest has raised $17.5 Mn across 3 tracked funding round(s), most recently on 2025-01-09. Figures are compiled from cited public sources.
Who are the investors in GrayQuest?
Investors in GrayQuest include Claypond Capital, IIFL Fintech Fund, Pravega Ventures, Anupam Mittal, Apurva Parekh, Ashok Wadhwa Family Office, Kunal Shah, Pravin Jadhav.
What does GrayQuest do?
GrayQuest offers educational institutions a unified payments platform to digitise and boost their fee collection, enabling parents to pay annual education fees in flexible monthly installments (up to 12 no-cost EMIs) instead of bulk instalments.
Where is GrayQuest headquartered?
GrayQuest is headquartered in Mumbai, Maharashtra, India.
What is GrayQuest's business model?
GrayQuest's core value proposition centers on Zero-cost EMI fee payments for parents, Upfront cashflow for institutions, Eliminates fee-collection administrative hassle, One platform, 8+ payment options.