India’s Education Fees becomes relaxable with Jodo's Vision.

Fin-tech which is based in Banglore helps families, students easily pay their fees, they raised $15 million In series A funding.

Jodo’s founders, Atulya Bhat, Raghav Nagarajan, and Koustav Dey, noticed that many families face difficulties in paying their Education fees due to a lack of flexibility in the payment option. To resolve this issue, they founded this company.

But what this company offers is that this company makes Education fees collection a hassle for the institution, and at the same time, they make payments more convenient and affordable for students and parents.

Education fee payments, one of the most important and high-value spend categories, have seen little innovation and are lagging in digitization. At Jodo, we have built industry-first payment and lending products from the ground up, keeping the requirements of parents, students, and educational institutes in focus. The founder stated

With this series, A round, Jodo shows his vision for this firm, and he said they will accelerate product innovation and sales and scale its team. It also plans to scale its partnership with educational institutions to 5,000 in the next 18 months and help 1.5 million students with their fee payments.

At present, the company said it has partnered with over 700 education institutes, facilitated over Rs 1,000 crore worth of Education fees payment, and created over 1,00,000 students on its platform.

“Jodo is modernizing Education Fees payments and credit for India’s education market by increasing convenience and affordability for parents and providing a better workflow for schools and institutions. We are very impressed with Jodo’s progress and are excited to partner with them as they expand the product suite and become available at more schools. ” Tiger Global partner, Alex Cook, said. Tiger Global partner, Alex Cook, said.

Jodo is not alone in the FinTech world in wanting to make the lives of students easier. There are also student banking solutions that raised $40 million from a series B funding round also directed by Tiger Global.

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