Indian School Finance Company Secures $6M From Gray Matters Capital | Investment News | Trusted Insight

Read here news about Indian School Finance Company Secures $6M From Gray Matters CapitalRead here news about Indian School Finance Company Secures $6M From Gray Matters Capital

Hyderabad-based private institutional lender to the education sector, Indian School Finance Company (ISFC) has raised $6 Mn Series A funding from social venture capital firm Gray Matters Capital.

The company will use the newly raised funds to increase its loan ticket size and reach out to more clients.

“Our company focusses on funding the education segment’s much-needed capital to build infrastructure,” said, Neeraj Sharma, CEO, ISFC. He further added, “Current equity infusion will provide the necessary boost required by us to leapfrog to the next level of growth.”

ISFC is a Non-Banking Finance Company engaged in the business of lending to educational institutions and entrepreneurs managing such institutions. The company started its operations in December 2008 from Hyderabad and has expanded since to other cities.

ISFC aims to assist schools and other education institutions in capacity-building through infrastructure improvements, thereby enabling students to access quality education.

According to ... Full investment news article is here.


SHARE THIS
Previous Post
Next Post