GrayQuest, a fintech agency targeted on offering cost options for India’s training ecosystem, stated it has raised Series A fairness funding of ₹56 crore ($7 million).
The spherical was led by Pravega Ventures, with participation from household traders corresponding to Weizmann Group, Telama Family Office and Apurva Parekh (Pidilite Family Office). Existing traders such because the household places of work of Ashok Wadhwa (Founder – Ambit Capital) & Yogesh Mahansaria additionally invested within the funding spherical, the agency stated. Some entrepreneurs additionally participated within the funding spherical.
The agency will utilise the proceeds to additional improve its product choices and scale up distribution.
