GrayQuest
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About GrayQuest

GrayQuest is an innovative fintech lending company that is working to create customized credit products for the $100B education industry in India. We enable parents and students to pay their education fees in super convenient monthly payments and provide them with privileges and benefits for doing so through our pioneering rewards program, GQ+. We are working with over 400 educational institutions in the country and are scaling our reach every day. We would love to hear from candidates looking to explore a role with us. Key functions we are actively hiring for are tech, product, marketing and sales. We aspire to have a fast paced, dynamic, competitive work culture with the highest focus on flexibility and empathy towards our team.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.7/5 based on 79 reviews | 3.9/5 based on 384 reviews | 3.5/5 based on 404 reviews | 3.4/5 based on 421 reviews |
Highly Rated for | No highly rated category | Work-life balance Company culture | No highly rated category | No highly rated category |
Critically Rated for | Job security Promotions | Promotions | Promotions Salary Skill development | Promotions Job security Salary |
Primary Work Policy | Hybrid 58% employees reported | Hybrid 66% employees reported | Work from office 67% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 3.8 Good rated by 31 women | 3.7 Good rated by 95 women | 3.3 Average rated by 133 women | 3.5 Good rated by 228 women |
Rating by Men Employees | 3.7 Good rated by 47 men | 4.1 Good rated by 264 men | 3.6 Good rated by 246 men | 3.3 Average rated by 162 men |
Job security | 3.0 Average | 3.5 Good | 3.4 Average | 3.0 Average |
GrayQuest Salaries
Collections Manager
Key Account Manager
Operations Executive
Assistant Manager Collections
Credit Associate
Business Development Executive
Sales Executive
Team Lead
Financial Associate
Collection Associate
GrayQuest Jobs
GrayQuest News
Mirae Asset Financial Services partners with GrayQuest to simplify education fee payments for parents
- Mirae Asset Financial Services partners with GrayQuest to simplify education fee payments for parents.
- The partnership aims to allow parents to pay annual education fees in monthly installments, converting large expenses into manageable payments.
- GrayQuest's digital fee payment platform currently serves over 6,500 educational institutions across India.
- The collaboration enables Mirae Asset Financial Services to expand its product portfolio by offering school fee financing, enhancing accessibility for parents.

Mirae Asset Financial Services partners with GrayQuest for education fee payments
- Mirae Asset Financial Services (MAFS) has partnered with GrayQuest to offer parents the option to convert their child's education fees into up to 12 no-cost EMIs.
- This payment option aims to help families manage large education fee payments by converting them into convenient monthly installments.
- The partnership allows MAFS to expand its product offerings with school fee financing, in addition to loan against securities and personal loans, to boost loan book growth and revenues.
- MAFS CEO Krishna Kanhaiya stated that education expenses are significant, and the partnership with GrayQuest aims to simplify this financial need with flexibility and convenience at no extra cost to the parents.

GrayQuest Raises ₹80 Crore in Series B to Expand Education Payments Platform
- Mumbai-based fintech firm GrayQuest has raised ₹80 crore ($9.3 million) in a Series B funding round
- The funding will be used to enhance its technology platform, scale its distribution network, and strengthen its presence across educational institutions in India.
- GrayQuest offers a unified digital payments platform for schools, colleges, and universities, providing flexible payment solutions for fee collection.
- Investors see GrayQuest as a key player in digitizing India's cash-heavy education fee payments ecosystem.

IIFL Fintech Fund Secures Rs 200 Cr second fund
- IIFL Fintech Fund has secured Rs 200 crore in its second fund from local family offices and high-net-worth individuals.
- The fund will focus on investing in Indian fintech startups, particularly those working in the generative AI sector.
- Since its establishment in 2021, IIFL Fintech Fund has supported 14 startups and experienced a 22.5x revenue growth in the past three years.
- Recently, the fund led a Rs 80 crore Series B funding round in GrayQuest, a fintech startup focused on education.

IIFL Fintech Fund closes Rs 200 crore second fund
- IIFL Fintech Fund has closed a second fund, raising Rs 200 crore from domestic family offices and high net worth individuals (HNIs).
- The fund will focus on investments in Indian fintech startups, particularly those working in the generative artificial intelligence (GenAI) sector.
- The portfolio of IIFL Fintech Fund has delivered a 22.5 times revenue growth over the last three years, with 40% of portfolio companies turning Ebitda positive.
- In recent months, the fund has led funding rounds in GrayQuest and acquired a stake in Vitra.AI.

Indian startups raised over $459 million from Jan 06 to Jan 11, 2025; Innovaccer tops the list
- Indian startups raised over $459 million in funding from January 06 to January 11, 2025.
- Healthtech company Innovaccer raised the highest funding of $275 million.
- Other notable funding rounds include OYO Rooms ($65 million), Infinity Fincorp Solutions ($35 million), Harsoria Healthcare ($20 million), and GrayQuest ($9.3 million).
- Several emerging startups also secured funding, including Spintly, KIBI Sports, EMO Energy, Oben Electric, Moonrider, hBits, BrainSight AI, Vehant Technologies, RAS Luxury Skincare, Mintoak, Beyond Snack, and Quash.

Today Startup News 10 January 2025 From The Indian Startup Ecosystem
- Nirmaan, a B2B marketplace for construction materials, secures seed funding led by Equanimity Investments.
- Health tech unicorn company, Innovaccer, raises $275 million in Series F funding.
- Fintech startup, GrayQuest, raises Rs 80 crore in Series B funding round.
- Blinkit expands its range to include laptops, monitors, and printers for delivery in 10 minutes.

GrayQuest Bags INR 80 Cr To Digitise Fee Collection For Schools
- GrayQuest, a fintech startup, has raised INR 80 Cr in its Series B round to digitize fee collection for schools.
- Investors in the round include IIFL Fintech Fund, Claypond Capital, and Pravega Ventures.
- The funding will be used to enhance the tech stack, expand the distribution network, and onboard more educational institutes.
- GrayQuest offers flexible fee payment options for parents and a full-stack SaaS platform for educational institutions.

GrayQuest raises $9.3 Mn from IIFL Fintech Fund, Claypond and Pravega
- GrayQuest, an education loans-focused fintech startup, has raised $9.3 million in a Series B equity funding round.
- The funding was led by IIFL Fintech Fund, Claypond Capital, and Pravega Ventures.
- GrayQuest will use the funding to enhance its technology platform and expand its distribution to educational institutions in India.
- The company provides tailored payment options for educational fees and currently serves over 6,500 institutions in India.

GrayQuest raises Rs 80 Cr in Series B funding round
- GrayQuest, a fintech startup focusing on digital financial solutions for India's education ecosystem, has raised Rs 80 crore ($9.3 million) in its Series B funding round.
- The funding was secured from investors including IIFL Fintech Fund, Claypond Capital, and existing investor Pravega Ventures.
- GrayQuest plans to use the capital to enhance its technology platform and expand its distribution to educational institutions across the country.
- Founded in 2017, GrayQuest offers a unified payments platform for educational institutions to digitize and streamline fee collection.

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