Rohit Sharma, the Indian cricket captain, has made his inaugural investment in the fintech industry, supporting LEO1, an innovative edu-fintech company. Formerly named Financepeer, LEO1 strives to revolutionize financial transactions in the Indian education sector.
Sharma expressed his excitement in backing LEO1, highlighting its mission to transform learning and democratize access to quality education. He praised their unwavering commitment, entrepreneurial spirit, and inspiring approach in positively impacting aspiring students and parents alike. This partnership offers him a remarkable chance to support initiatives that could profoundly influence an entire generation.
Leo1 tackles the ongoing issue of irregular cash flow in educational institutions through its innovative "Financial SAAS" framework. This model promotes responsible financial practices among students and parents, offering institutions an efficient platform for managing fee collection and finances.
Sharma's investment, combined with backing from key investors such as QED Investors and Aavishkar Capital, is set to propel LEO1's expansion throughout India. The company's "Financial SAAS" product suite features a multi-functional payment card serving as a smart ID, enabling smooth transactions both on and off campus. Moreover, the platform provides instant education loans, rewards prompt fee payments, and enhances financial education for students.
Gajbhiye expressed, "Rohit Sharma’s endorsement has injected our teams with tremendous enthusiasm, inspiring us to deliver exceptional work. Drawing inspiration from his qualities, I am confident that with Rohit Sharma as our brand ambassador and now a valued investor, we will achieve greater efficiency and motivation. I see a bright future ahead for LEO1. I extend heartfelt thanks to all our investors and warmly welcome Rohit into our community."