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Education Loan Provider Eduvanz Raises INR 100 Cr Led By JuvoVentures, Others

Viacom18 showcases strong women characters content: Ajit Andhare, buys Mithali biopic rights

Viacom18 showcases strong women characters content: Ajit Andhare, buys Mithali biopic rights
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Sequoia backed fintech Eduvance to raise $15 m - The Hindu BusinessLine

Sequoia backed fintech Eduvance to raise $15 m May 25, 2021 NBFC offers student loans at 0% interest rate Private equity player Sequoia backed fintech player Eduvance Financing will be raising $15 million in another round of financing deals this month, sources told Business Line. Eduvance provides education loans at “zero” per cent interest rate and is a Reserve Bank of India (RBI) registered NBFC. So far, Eduvance has extended education loans to the tune of ₹400 crore. Sequoia had invested close to $7 million in Eduvance during its previous rounds of fund raising. Eduvance has already signed term sheets with investors for the next round of funding and the deals are likely to be closed this month, the sources said. Apart from Sequoia, Unitus Ventures is another investor in Eduvance.

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