Finance company Capital India has invested $25 million via equity and debt in education loans platform Credenc.
Delhi-based Credenc will use the funds from Capital India to build a loan book of Rs 3,000 crore by 2025, and enable more education loans. The founders of the startup, Avinash Kumar and Mayank Batheja, will continue to run the operations for Credenc, as per the deal, Capital India said.
