The company said these co-founders bring a wealth of experience, specialisms and cohesive vision to deliver fast and consistent growth. The company said it aims to expand its team, targeting India’s burgeoning $2.5 billion ed-fintech market opportunity, competing with local and international players.
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“Hemika will help build the right human capital to achieve the pace and scale we are aiming for. She ensures that the company’s culture is developed and maintained in the right manner where the company is achieving its target as well as the people are growing to the level they deserve,” said Peeyush Agrawal, CEO, Invest4Edu.
“Chintan is well-versed in building teams from scratch with result-oriented focus, something which he has done repeatedly. With him joining invest4Edu, we are looking forward to accelerate multicity growth in India and establish a global presence.
Tanwar has worked in organisations such as IIFL Finance, Indusind Bank and Reliance Retail while Kotak has over two decades of experience, and previously worked as senior director IIFL Securities, and at leadership positions with Kotak Securities, and Motilal Oswal Securities.
Founded in 2021 by financial industry veterans Agrawal, Rozy Efzal, Tushar Bopche, Aditya Agarwala, and Manoj Sharma, this pre-seed company addresses a pain point—67% of Indian parents struggle with ineffective education planning for their children, leading to financial stress.
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With 5000 users, an asset under management of Rs20 crore, and Rs 12 crore in study abroad loan disbursals within six months, the company revenue streams are commissions on financial products and subscription fees for educational services.