- Rohit Sharma invests in edu-fintech company LEO1.
- LEO1 aims to improve financial transactions in the Indian education system.
- The investment supports LEO1’s growth and expansion in India.
Indian Cricket Captain Rohit Sharma has made his first investment in the fintech sector by backing LEO1, an innovative edu-fintech company formerly known as Financepeer. LEO1 is dedicated to transforming financial transactions within the Indian education system. Sharma expressed his excitement about supporting LEO1’s mission to make quality education accessible to everyone, praising the company’s approach and commitment to positively impacting students and their parents.
LEO1 tackles the issue of irregular cash flow in educational institutions with its “Financial SAAS” model, which promotes responsible financial behavior among students and parents. This model provides a streamlined platform for fee collection and financial management, addressing long-standing problems faced by educational institutes. According to Rohit Gajbhiye, CEO and Founder of LEO1, the company’s solutions motivate timely payments and reduce the focus on fee recovery, allowing institutions to concentrate on other important developments.
The investment from Rohit Sharma, along with support from investors like QED Investors and Aavishkaar Capital, will help fuel LEO1’s growth and expansion across India. LEO1’s product suite includes a versatile payment card that functions as a smart ID, facilitating seamless transactions within and outside campus premises. The platform also offers immediate education loans, rewards for timely fee payments, and financial literacy programs for students.
Gajbhiye expressed his gratitude for Sharma’s endorsement, stating that it has inspired the team to deliver outstanding work. With Sharma as both a brand ambassador and investor, LEO1 is poised for a promising future, aiming to become even more efficient and motivated in its mission to revolutionize the education sector.
