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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.

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  5. Rocketlane raises $60 million in Series C funding led by Insight Partners
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IPO Tales

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

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Money & Machines

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PE/VC Tales

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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

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