Rohit Gajbhiye Financepeer Founder Features in Forbes 30 Under 30 Asia List
Rohit Gajbhiye, Founder & CEO of Financepeer, Zero Cost EMI-based School Fee Funding System, was included in the 2020 Asia 30-30 list published by Forbes, the global media giant. Rohit is one of the 30 global businessmen who have earned this prestigious recognition.
Young and innovative entrepreneurs in various fields are included in the list every year. This year, Fintech founders include those who seek to capture a wide segment of the business market that is usually overlooked by major providers of financial services and technology solutions.
Elated on the recognition, Mr. Rohit Gajbhiye, Founder & CEO, Financepeer said, “I am very thankful to the Forbes team for recognizing this project as one of the much-needed and influential projects that has a big effect on thousands of lives and a very significant potential to have a long-term effect on millions of lives around the globe.”
This recognition is to be attributed to the entire Financepeer team, including each team leader, donors, school owners, channel partners, loan partners, etc. We have worked hard day-night to partner with more than 800 organizations and to affect more than 8 million lives in more than 37 cities so far. We will continue our mission to impact life and change the education industry in India.
During this test period, the finance model of the Financepeer comes as a facilitator for both schools and parents. The pressure on parents will be reduced because they do not have to pay a lump payment upfront rather than zero interest monthly installments, while schools do now be able to collect the fee without delay.
Rohit Gajbhiye started Financepeer in 2017 with the goal of helping parents in the middle and lower sections of the pyramid to provide quality education to their children without having to think about the price point through Zero Interest & Zero Cost Fee Financing Solution. At Financepeer, parents can pay school fees at 12, 24 and 36 EMIs without any additional cost that helps to relieve parents of the burden of school fees.
Financepeer has raised USD 1 million in funding and is planning to raise USD 2 million to extend its reach across India and overseas. Financepeer is actively working to develop and introduce new programs for educational institutions and parents, including free student tuition, Ivy League Module subscription, to name a few.
Rohit Gajbhiye, an IITB alum, has a decade of experience in banking. Adept at credit risk, commercial banking, liquidity risk and management, Mr. Gajbhiye holds a Certificate in Entrepreneurship / Entrepreneurship Studies from Stanford University Graduate School of Business. He has also been Chairman of the UNGSII and the World Economic Forum.
AI-based School Fee Financing company with a mission to ease School Fee Payments and improve the K-12 School / Education Ecosystem offers full-year fee collection to the School at the beginning of the year (be it 1cr, 10cr, 100cr, etc.) and charges to parents in monthly installments at zero additional expense.