National | September 2025 – LEO1, India’s pioneering edu-fintech company, has strengthened its presence in the higher education ecosystem by partnering with leading institutions including Bharati Vidyapeeth Navi Mumbai, DY Patil University Pune, Rathinam Technical Campus Chennai, and Jyothy Institute of Commerce and Management Bangalore.
With these new associations, over 4 lakh additional students join the LEO1 network, taking its total reach to more than 2 million learners across 50+ institutions. Currently, the platform is managing ₹100 crore+ in annual fee transactions and has recorded 400% year-on-year growth, cementing its position as one of India’s fastest-scaling education finance companies.
Redefining Fee Management in India
LEO1’s expansion highlights its mission to transform how students, parents, and institutions handle education-related expenses.
Through its flagship LEO1 Fee Reimbursement Card, families earn LEO1 Coins (1 coin = 1 rupee) for making timely fee payments. These coins can be redeemed across 400+ leading brands such as Zomato, Uber, Starbucks, Myntra, and PVR.
The card also functions as a debit card, empowering students to manage their daily transactions while turning routine spending into meaningful savings.
Benefits for Institutions
Institutions like Jyothy Institute of Commerce and Management benefit from LEO1’s plug-and-play fee management platform, which provides:
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Streamlined fee collection
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Real-time tracking of payments
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Strengthened cash flow management
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Reduced administrative overheads
This enables institutions to focus on academic excellence and student outcomes rather than operational challenges.
Leadership Perspectives
Rohit Gajbhiye, Managing Director & Founder, LEO1, said:
“The trust these institutions have placed in us is a strong testament to our impact. With more than 50 lakh LEO1 Coins redeemed in 2024 and already 80 lakh in the first half of 2025, families are seeing tangible benefits, students are learning financial discipline, and institutions are assured of timely fee collections. Our network now spans over 2 million students across 50+ institutions, and each partnership strengthens our model. We are committed to scaling LEO1 into India’s largest education finance ecosystem, ensuring every student has access to financial tools that support their learning journey.”
Rajesh K, Executive Director, Jyothy Institute of Commerce and Management, added:
“This collaboration eases financial stress for students and families while improving administrative efficiency. It’s an important step towards inclusive and sustainable education finance.”
Beyond Fee Payments: A Holistic Ecosystem
LEO1’s Smart ID Card ecosystem extends benefits beyond fee transactions by integrating:
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Premium banking features
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EMI-based fee financing
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Investment and insurance opportunities
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Telemedicine consultations
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Lifestyle rewards
Staff and alumni communities also gain access to:
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High-interest salary accounts
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Affordable loans
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Exclusive brand discounts
This holistic model strengthens long-term institutional bonds with students and alumni alike.
About LEO1
Founded in 2018, LEO1 has emerged as a leader in edu-fintech, partnering with over 50 premier institutions and directly benefiting more than 2 million students.
Recognized as a finalist for Most Innovative Fintech Start-up of the Year 2024 at the IFTA Awards, LEO1 continues to build momentum as a trusted partner for institutions aiming to create cashless, digitally empowered campuses.
