Credenc has raised Rs 17.8 crore ($2.5 million) in seed funding to expand its digital education loan platform across 1,000 colleges in 50 cities in India.

Information on the Target

Credenc is an innovative digital education loans platform that specializes in providing financial solutions for higher education in India. The company aims to bridge the gap between aspiring students and the financial resources required to pursue advanced degrees.

With a focus on accessibility and technology, Credenc has positioned itself as a key player in the evolving landscape of educational financing, enabling students to pursue their academic goals without the burden of upfront costs.

Industry Overview in India

The education sector in India is rapidly growing, driven by increasing demand for higher education. As the number of colleges and universities expands, so does the need