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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. Raise launches 'Millions' app to target Gen Z investors

  2. Pine Labs-owned Setu cofounder Nikhil Kumar exits operational role

  3. WeRize raises pre-Series C funding led by Sony Innovation Fund

  4. Acko strengthens leadership team with four appointments amid IPO plans

  5. Nivasa Finance gets RBI approval for NBFC operations
  6. Read more news...

AI/Emerging Tech

  1. Titan Capital unveils programme to support India-focused AI startups

  2. Anthropic confidentially files for IPO

  3. Asana buys StackAI

  4. Anthropic overtakes OpenAI as most valuable AI startup with $65 billion funding

  5. Fundamentum's Ashish Kumar launches Rs 2,000 crore AI and deeptech fund F2A
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

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

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

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

  4. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund
  5. Read more news...

Editor's Pick

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

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]