Shiksha Finance, an RBI-licensed Non-Banking Financial Company (NBFC) incorporated under the Companies Act of 2013. We have been making a significant impact in the education sector by providing school loans and education loans until 2022. As education sector was the first to shut in and last to open post-COVID, we have diversified our offerings to two new product (Small Ticket Loans Against Property (ST LAP) and Micro-Finance Loans with Business Correspondents(BC MFI)). Our services are now facilitated across 35 branches in five states in India, including our recently opened branch in Erode. Our ST LAP AUM has crossed more than Rs 36 crores and we have served more than 1000 customers. Our BC MFI AUM has crossed than Rs 75 crores with more than 35,000 customers.
Investor insights
Funding rounds participated in
$4.2M sweet spot round size
Investor type
Basic info
Industry
Sectors
Date founded
2014
Funding rounds raised
Total raised
$4.2M
from 2 investors over 1 rounds
Shiksha Financial Services India Private Ltd raised $4.2M on November 23, 2019
Investors: Triodos Bank and Northern Arc