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GRAYQUEST EDUCATION FINANCE PRIVATE LIMITED

GrayQuest

U65999MH2017PTC293038

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₹1,999.00 ₹3,998.00
Suggest Edit Last updated: Jan 17, 2025
Key Metrics
  • No. of Employees306
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹177.18 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About GrayQuest

GrayQuest is an integrated fee collection platform for educational institutions which enables parents to pay annual education fees in flexible monthly installments with zero interest. The company claims to have served around 10 lakh parents with over 2,500 partnership institutions across 36K pincodes.

Business Model

GrayQuest is a fintech startup. that offers educational institutions a unified payments platform to enable them to digitize and boost their fee collection. GQ’s platform enables institutions to offer their parents multiple tailor-made payment options, including a convenient monthly payment option to pay their annual education fees without bearing any extra costs.

Top Competitors
LE
Leo1U74999MH2017PTC301676
AN
AnthemU72100TN2018PTC121268
JO
JodoU72900KA2020PTC132767
GrayQuest Funding Details
Funding Highlights
Latest Funding RoundSeries B
Total Funding Raised₹177.18 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors3
Investors
  • Foundation Holdings, Pravega Ventures, Claypond Capital
Note:

Valuation as per first tranche of Series B round.

Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
GrayQuest Financial Details
Financial Highlights
FY 2023-24 Revenue₹17.93 Cr
FY 2023-24 Expenses₹54.71 Cr
FY 2023-24 Profit/Loss-₹36.8 Cr
Net Cash Flow From Operations-₹35.76 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
GrayQuest Key People
People Metrics
Current Core Team1
Board Members/Directors3

Core Team

RM
Rishab MehtaFounder & CEO

Board Members/Directors

RS
Rahul Sumer MehtaDirector
RS
Rishab Sumer MehtaDirector
AR
Aakash Rakesh SachdevNominee Director
GrayQuest Documents

AY - 2018-19

Profit and Loss statement - GrayQuest - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of GrayQuest for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - GrayQuest - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of GrayQuest for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - GrayQuest - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of GrayQuest for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - GrayQuest - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of GrayQuest for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - GrayQuest - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of GrayQuest for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - GrayQuest - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of GrayQuest for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and loss statement - GrayQuest - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of GrayQuest for FY 2021-22
₹249.00 ₹498.00
Balance sheet - GrayQuest - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of GrayQuest for FY 2021-22
₹249.00 ₹498.00

AY - 2022-23

Profit and loss statement - GrayQuest - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of GrayQuest for FY 2022-23
₹249.00 ₹498.00
Balance sheet - GrayQuest - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of GrayQuest for FY 2022-23
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - GrayQuest - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of GrayQuest for FY 2023-24
₹249.00 ₹498.00
Balance sheet - GrayQuest - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of GrayQuest for FY 2023-24
₹249.00 ₹498.00

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