Mumbai, April 25th 2022: Sushma Kaushik, Partner, Aavishkaar Capital and Rohit Gajbhiye, Founder and CEO, Financepeer was on CNBCTV18 LIVE on Friday last week in conversation with Arundhati Ram .
Sushma spoke about the recently announced Aavishkaar India Fund VI’s first investmentwith Edu-Fintech startup Financepeer and the overall opportunity that rural India presents for Aavishkaar Capital. She also spent some time highlighting the sector focus of the new fund and explained the rationale behind the investment into Financepeer.
Rohit shared details on the USD 31 MN in Series B funding, and their vision to make quality education accessible to all. He also spoke about the growth strategy and expansion plans of Financepeer, during the interaction.
To set a context, Financepeer is one of the fastest-growing edu-fintech startups and has witnessed 10x growth in the last year. The company has partnered with more than 10,000 educational institutions with a Pan-India footprint, to deliver affordable fee financing solutions, Edu-tech content, and fee payment solutions.
Founded in 2017 by alumni from IIT/IIM/Stanford, Rohit Gajbhiye, Sunit Gajbhiye, Naveesh Reddy and Debi Prasad Baral, Financepeer is one of the first players in this space catering to both offline and online education providers including pre-schools, K-12, colleges, universities, offline test prep, ed-tech, and skilling.
To watch the Video of the CNBC TV 18 Interview– Click Here