Student loan platform Credenc raises $2.5 million from Omidyar, others2 min read . Updated: 22 Oct 2019, 10:11 PM IST
- The startup will use the funding to add support for 1,000 colleges across 50 cities over the next 2 years
- Credenc intends to build up a loan book of $500,000 over the next 5 years
BENGALURU : Credenc, an online platform for education loans, on Tuesday announced a fundraise of Rs17.8 crore ($2.5 million) in a seed-round, led by Omidyar Network India with participation from fintech focused venture capital firm EMVC , Better Capital, and IIMK Alumni Fund.
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