
About Akshar Fees
Akshar Fees is a Financial Services company based in Mumbai (India) by Rajan Juneja, Dilip Doshi, and Tejas Dilip Doshi. It provides no-cost financing for learners education via digital app processes. It operates on a D2C and B2B model. The company has 1 employees. Its website aksharfees.com draws about 18 thousand monthly visits. Its Indian entity Akshar Fee Management Solutions Private Limited reported revenue of βΉ1.64 Cr. Akshar Fees offers products and services including Akshar App. Its focus areas include FinTech, Financing Tech, Loan Services and Education Financing. Its competitors include GrayQuest, Jodo and Anthem; 3 of its 3 listed competitors have raised funding.
Company details
Akshar is a Fintech company that assists learners in financing their learning and career goals through fast, convenient, and affordable no-cost solutions. It operates via a fully digital process, including quick credit approvals using PAN, Aadhar, and selfies. Based in Mumbai, it partners with educational institutes to enable fee payments in installments and handles collections. The service targets students and professionals seeking upskilling opportunities.
- Headquarters Mumbai, India
- Employees 1
- Founders Rajan Juneja, Dilip Doshi, Tejas Dilip Doshi
- SectorsFinancial Services
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- Website aksharfees.com
- Legal Name Akshar Fee Management Solutions Private Limited
- Date of Incorporation 03 Mar, 2021
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹1.64 Cr
FY 2024 · +142% YoY
- Net Profit₹39.6 Lakh
FY 2024 · 24% margin
- EBITDA₹41 Lakh
FY 2024 · 25% margin
- Employee Count1
Associated legal entities of Akshar Fees
Akshar Fees operates through Akshar Fee Management Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Akshar Fee Management Solutions Private Limited CIN U67100MH2021PTC356220 | Active | 03 Mar 2021 | Pune, Maharashtra | ₹1.6 Cr | 2 | View details |
Products & Services of Akshar Fees
Akshar Fees offers a comprehensive portfolio of products and services, including Akshar App.
App for quick digital loan approvals and repayments for education
Apps and channels of Akshar Fees
Akshar Fees publishes 1 mobile app with over 10K+ downloads.
Board of directors of Akshar Fee Management Solutions Private Limited (Akshar Fees)
Akshar Fee Management Solutions Private Limited is the primary company behind Akshar Fees. The board of Akshar Fee Management Solutions Private Limited currently have 2 directors; the longest-serving is Tejas Dilip Doshi, appointed in 2021. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tejas Dilip Doshi DIN 09089265 | Director | 03 Mar 2021 | 5 yrs 7 mo | Akshar Fee Management Solutions Private Limited |
| Rajan Juneja DIN 07644877 | Director | 16 Feb 2022 | 4 yrs 8 mo | Akshar Fee Management Solutions Private Limited |
People of Akshar Fees
3 people are tracked at Akshar Fees (3 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Akshar Fees
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Financials of Akshar Fees
Figures of Akshar Fee Management Solutions Private Limited, the primary company behind Akshar Fees, for FY 2024. Revenue was ₹1.64 Cr (+142% year on year). Net profit was ₹39.6 Lakh (24% margin). EBITDA was ₹41 Lakh (25% margin).
- ₹1.64 CrRevenue · FY 2024 · +142% YoY
- ₹39.6 LakhNet profit · 24% margin
- ₹41 LakhEBITDA · 25% margin
- ₹4.2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Akshar Fee Management Solutions Private Limited are on its company page.
Detailed financial statements for Akshar Fees
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Competitors of Akshar Fees
Akshar Fees has 3 listed competitors in our database, 3 of them funded. They include GrayQuest, Jodo and Anthem.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grayquest.com | 2017 | Mumbai, India | $25.21M | 252 | SaaS-based fee collection platform for educational institutions is offered. | |
| jodo.in | 2020 | Bengaluru, India | $19.02M | 154 | Automated fee management platform for educational institutions is provided. | |
| getanthem.co | 2018 | Chennai, India | $3.14M | 2 | Financial management solutions are delivered via mobile and SaaS platforms. |
Detailed competitors of Akshar Fees
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Akshar Fees
The website of Akshar Fees (aksharfees.com) receives about 17.7K visits a month.
- Monthly visits17.7K
▼ 56.6% vs previous month
Top companies in Housing Finance
3 companies that operate in the same segment as Akshar Fees (Housing Finance) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operates an online platform for educational loans tailored to students. | 2019 | Bengaluru, Karnataka, India | USD 24.31 M | 1,250 | ||
Loans for housing and business are provided by Aavas Financiers in India. | 2011 | Jaipur, Rajasthan, India | USD 99.6 M | 6,379 | ||
Finance services encompassing loans and insurance in India. | 1991 | Jaipur, Rajasthan, India | USD 8.21 M |
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Frequently Asked Questions about Akshar Fees
Akshar Fees is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Akshar Fees has 1 employees.
The primary company behind Akshar Fees, Akshar Fee Management Solutions Private Limited, reported revenue of βΉ1.64 Cr for FY 2024, up 142% year on year.
Akshar is a Fintech company that assists learners in financing their learning and career goals through fast, convenient, and affordable no-cost solutions. It operates via a fully digital process, including quick credit approvals using PAN, Aadhar, and selfies. Based in Mumbai, it partners with educational institutes to enable fee payments in installments and handles collections. The service targets students and professionals seeking upskilling opportunities.
Akshar Fees offers Akshar App.
Akshar Fees operates through Akshar Fee Management Solutions Private Limited.
The legal entities of Akshar Fees currently have 2 directors, including Tejas Dilip Doshi, Rajan Juneja.
Yes. Akshar Fees publishes Akshar Fees, with over 10,000 downloads.