Hotline: 1800 102 2007
Hotline: 1800 102 2007
Dec, 03 2018

EdTech startup OnFees looks to expand in multiple cities across India

OnFees.com, education technology start-up, is planning to expand in multiple cities across India.

EdTech startup OnFees looks to expand in multiple cities across India

OnFees.com, education technology start-up, is planning to expand in multiple cities across India. The startup has begun approaching venture capital and private equity funds for the next round of funding.

The company offers a digital fee management platform to educational institutions and their students. OnFees.com is already serving more than 100 schools and colleges with its 70-member team in Mumbai and Pune.

The company said, "By the middle of the 2018-19 academic session, transactions worth Rs 50 crore from over one lakh students have been processed through the OnFees platform."

While aiming to tap the huge market across India, the company is now planning expansion in other cities.

Mayur Jain, CEO of OnFees, said, "Students are keen on digital technologies and cashless transactions, while principals and staff of educational institutions have also wholeheartedly supported the OnFees-NPCI initiative and have expressed strong interest in onboarding to drive efficiency and transparency through technology."

"Our solutions are scalable both horizontally and vertically and can be custom-tailored designed to satisfy the needs of educational institutions of all sizes, with mechanisms designed to ensure compliance with not just the needs of today but also those arising in the coming years," Jain added.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: Tylos Electric Vehicles LLP is a leading manufacturer of..
    Locations looking for expansion Kerala
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kochi Kerala
  • Car Wash / Ceramic Coating / Detailing
    About Us: Auto Herb - a proven business opportunity in Car..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 1000
    Franchise Outlets 20-50
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • About Us: The Jaipuria family's association in the field of education..
    Locations looking for expansion Uttar pradesh
    Establishment year 1974
    Franchising Launch Date 2014
    Investment size Rs. 5 Cr. above
    Space required 90000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ghaziabad Uttar pradesh
  • Fine Dine Restaurants
    About Us:  Meal O Drama is an award-winning modern bistro in..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities