LEO1
LEO1 offers student-centric loan solutions and powerful risk-assessment with embedded lending technology to improve access to high-quality education for families in India. The company leverages a BNPL model to enable families to pay tuition in monthly installments with 0% interest.
HQ: Mumbai, India
Founded: 2017
Market Opportunity
The Indian middle class will see tremendous growth. By 2025, India’s Middle Class will exceed 580M people. Upward mobility will drive spending across categories, especially education.
Team
No stranger to education expenses, founders Rohit Gajbhiye, Sunit Gajbhiye, Naveesh Reddy, and Debi Prasad Baral hold degrees from IIT, MIT, Stanford, and other top-tier institutions. The founders are exceptional, have worked together in the past, and have complementary skills and deep domain expertise. Their aspirational mission goes beyond the company’s financial goals, and we have seen these characteristics in successful entrepreneurs we have backed in the past.