
GrayQuest Secures ₹80 Crore Series B Funding to Expand Educational Fintech Solutions
GrayQuest, a leading Indian fintech firm specializing in educational fee payment solutions, has secured ₹80 crore (approximately $9.3 million) in a Series B funding round. The investment was led by IIFL Fintech Fund and Claypond Capital, the family office of Manipal Group chairman Ranjan Pai, with participation from existing investor Pravega Ventures. This funding will support GrayQuest's plans to enhance its technology platform and expand its reach to more educational institutions nationwide.