Rohit Sharma makes strategic investment in LEO1: All you need to know about the edu-fintech start-up
₹291 crore)through two investmentrounds.LEO1 founder and chief executive officer Rohit Gajbhiye said: “We aim to instil a crucial discipline within the education sector. Irregular cash flow often leads to excessive efforts focused solely on fee recovery over other important developments.
This is an ancient problemfor institutesacross thecountry.Parallelly,given that education constitutes a significant portion — 15-20 per cent — of householdearnings,parents andstudents lacksufficient motivationto make timelypayments. LEO1 addressesthesechallengesthrough our 'Financial SAAS' model that motivates responsible financial behaviour in them."“RohitSharma'sendorsementhasinfusedour teamswith tremendous enthusiasm to deliver outstanding work.
We draw inspiration from many of Rohit Sharma's qualities. With his support as our brand ambassador and now as a valued investor, I am confident that we will become even more efficient and motivated.Iforesee a promising future for LEO1.
I express gratitude to all our investors and extend a warm welcome to Rohit into our community," Gajbhiye added.Recently, the company introduced a ‘Financial SAAS’ product that offers a comprehensive solution to financial transactions within the education sector. Milestone Alert!
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