EduFund Secures $6 Mn From Cercano Management

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SUMMARY

The capital will be used in launching its customised planning engine that caters to customers’ savings and loan needs tailored to their financial goals

Also, some funds will be allocated for expanding its loan offerings and outreach in tier II and III cities

Since its inception, the startup has raised $12 Mn from DSP Mutual Fund, CRED’s Kunal Shah and Anchorage Capital Partners

Education-focused fintech startup EduFund has secured $6 Mn (INR 51.8 Cr) in a Series A funding round led by Cercano Management, with…



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EduFund Secures $6 Mn From Cercano Management


SUMMARY

The capital will be used in launching its customised planning engine that caters to customers’ savings and loan needs tailored to their financial goals

Also, some funds will be allocated for expanding its loan offerings and outreach in tier II and III cities

Since its inception, the startup has raised $12 Mn from DSP Mutual Fund, CRED’s Kunal Shah and Anchorage Capital Partners

Education-focused fintech startup EduFund has secured $6 Mn (INR 51.8 Cr) in a Series A funding round led by Cercano Management, with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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