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About GrayQuest
GrayQuest is a Mumbai-based fintech company founded in 2017, focusing on financial solutions for education. It is recognized as India’s largest education fee financing platform, providing zero-cost EMI plans for school, college, university, and edtech fees. The company has successfully raised $11.95 million in funding and serves over 2,500 educational institutions, reaching more than 1 million parents across 36,000+ pincodes.
The company offers several services, including zero-interest EMI plans that allow parents to pay education fees in monthly installments without additional charges. GrayQuest also features the GQ+ Loyalty Program, which rewards students and parents, and GQ Education Protect, providing complimentary insurance coverage to ensure education continuity. Additionally, it offers a SaaS platform that helps educational institutions manage fee collections with digitized payments and real-time tracking. GrayQuest operates as a fintech intermediary, partnering with institutions to create tailored payment plans while generating revenue through SaaS subscriptions and transaction-based models.
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