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Education

Exclusive: Reserve Bank of India cracks down on misuse of education payments

Exclusive: Reserve Bank of India cracks down on misuse of education payments

27 Feb 2026, 16:23 PM

The RBI has directed payment aggregators to stop the misuse of education merchant category codes (MCC)...

EduFund raises $6 million in Series A funding

EduFund raises $6 million in Series A funding

22 Jul 2025, 12:37 PM

The company also aims to boost its loan portfolio and strengthen its presence in secondary and tertiary cities across India.

Varthana raises Rs 75 crore in debt funding from OfBusiness, others

Varthana raises Rs 75 crore in debt funding from OfBusiness, others

20 Apr 2025, 20:27 PM

OfBusiness and Oxyzo invested Rs 27.5 crore each, while Ambium Finserve and IKF Finance contributed the remaining Rs 20 crore.

Student lending platform Leap Finance raises $100 million debt from HSBC

Student lending platform Leap Finance raises $100 million debt from HSBC

05 Mar 2025, 22:41 PM

Leap Finance will use the funds to expand its presence across US, expand university partnerships, and strengthen its presence in India.

Education financing startup Lorien Finance raises $2.25 million led by FlatIronX

Education financing startup Lorien Finance raises $2.25 million led by FlatIronX

28 Feb 2025, 15:53 PM

Additional investors include Seedstars International Ventures, Ahimsa Capital, ex-Paytm COO Bhavesh Gupta, ex-BharatPe MD Ashneer Grover, others.

Who Reads Us

Fintech Highlights

  1. Cred gets RBI's final nod to operate as payment aggregator

  2. PayU partners with CoRover.ai to enable AI-led agentic payments

  3. Warbug Pincus-backed Truhome Finance files draft papers for IPO

  4. Navi posts 17.7% revenue growth in FY25, slips into loss

  5. PayU ties up with GoKwik to launch integrated commerce stack for D2C brands
  6. Read more news...

AI/Emerging Tech

  1. Constems-AI Systems raises pre-series A funding led by Finvolve

  2. Nprep raises seed funding led by Lumikai

  3. Nvidia makes fresh 'significant' investment in Thinking Machines Lab

  4. OpenCFO secures $2 million funding led by Endiya Partners

  5. Unbxd founders floated Coreworks.AI bags seed funding led by Together Fund
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IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. A CEO arrested, hearing delayed; Sarvam's AI pitch

  2. Airtel's lending leap; Responsible AI only on paper?

  3. AI everywhere. Fintech...somewhere; India's AI groundwork

  4. The Wegofin episode; India's AI optics vs spending reality
  5. Previous editions...

PE/VC Tales

  1. TDV Partners bullish on consumer over AI, plans bigger fund

  2. Peak XV top partners exit, a key retention marks a week of upheaval

  3. Silverneedle eyes 10x larger second fund, plans first semiconductor bet

  4. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset
  5. Read more news...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar