Grayquest Education Finance Private Limited announced that it has received INR 560 million in funding from a group of investors

On March 9, 2023, Grayquest Education Finance Private Limited closed the transaction. The company amended the terms of the transaction and has now raised INR 560 million in the transaction. As on same date, the company received its second tranche for INR 250.501637.

The transaction included participation from Easy Fincorp Limited, Telama Family Office, Kunal Shah, Miten Sampat, Anupam Mittal, David Piexoto, Sujeet Kumar, Abhishek Goyal, Nitin Gupta, Pravin Jadhav, Aakrit Vaish, Dhyanesh Shah, Revant Bhate, returning investors family offices of Ashok Wadhwa, and Yogesh Mahansaria.