Shiksha Finance

Shiksha Finance

  • FOUNDING YEAR: 2014
    LOCATION:
    India
    REGION:
    Tamil Nadu
    Last Update:
    13 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
School Loan - Availed by schools for improving their infrastructure and business expansion. Student Loan - Availed by parents for paying their child's school expense. Enable capital access to educational institutions and lower and middle income parents of school going children.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Enterprise
EXISTING PARTNERSHIPS:
MAS Financial services, IFMR Capital - Currently, they are the lenders in this platform.
COMMENT
Speed and ease are the key differentiators for Shiksha and loans given by ventures are secured by social collateral.

PEOPLE

MEDICI analysts will analyze Shiksha Finance soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$10.85 Millions
DATE OF LAST FUNDING:
Feb 2019
FUNDING SERIES:
SERIES A
$3.09 Millions Closed: Jan 2017
Others
$7.76 Millions Closed: Feb 2019
LISTED:
NO
COMMENT:
The company has raised $2.5 million through a mix of debt and equity from Michael & Susan Dell Foundation in September 2017.

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