Jodo builds payment and lending products (through NBFC partners) to make fee payments convenient and affordable for parents and students while streamlining fee collection for educational institutes. The company offers specialized payment and lending solutions and says institutes get predictable inflows, improved collection efficiency and shorter fee-collection windows. Jodo has partnered with over 700 education institutions, about 40% of which are offline K-12 schools, and claims to have facilitated over Rs 1,000 crore in fee payments and served more than 100,000 students. It plans to launch products to manage institute payouts and an education-saving product for parents. The startup intends to scale its education partnerships to 5,000 institutes in the next 18 months and help 1.5 million students with fee payments. Founded in 2020, Jodo will also use new funding to accelerate product innovation, sales and to grow its team.

Total raised

$15M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2022