Raviteja Koneru

Founder @Preksha Paytech Private Limited

Hyderabad, IN

Preksha Edutech is a financial services company committed to easing the process of education payments for parents and institutions through a next-generation payments platform, vertical-specific software, and proprietary payments network. A common problem that most middle-class parents face these days is the lack of affordability to pay for their child’s education on time due to a shortage of funds resulting from other unexpected expenses. Education institutions, at the same time, face problems with the timely collection of fees from their students and sustaining their business. Considering both these problems, the founders of Preksha Edutech, a team of highly passionate and experienced senior management professionals and entrepreneurs, came up with the idea of providing financial support to parents by paying the fees of their child on their behalf directly to the institutions and lighten their financial burden by simplifying the repayment options through “Monthly EMI’s at Zero-Percent Interest”, along with opportunities to redeem rewards for each transaction. Hence, education institutions are also freed from the hassles of timely student fee collection and are empowered to run their businesses profitably. Founded in 2022 in Hyderabad, Telangana, Preksha Edutech is keen to serve parents and institutions all over India, making education accessible and affordable.