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
  • The Founding members of the Redcell consortium – Endocrine laboratoriesDr...
    Locations looking for expansion Chhattisgarh
    Establishment year 2018
    Franchising Launch Date 2021
    Investment size Rs. 50000 - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Raipur Chhattisgarh
  • Electric Two Wheelers
    Investors  who don't have paying capacity of 20 Lacs, don't..
    Locations looking for expansion Maharashtra
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Pune Maharashtra
  • About Us: "Earn Big Profit With Us in Healthcare Business &..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Career Counselling & Brain Programming
    About Us: Brain Checker Techno Services (India) is India's Largest Career..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2014
    Investment size Rs. 2lac - 5lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Nashik Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities