Choose your reason below and click on the Report button. Usually, the lenders tend to give these loans to those who offer a robust collateral and have existing income. United States. Mail This Article. Fill in your details: Will be displayed Will not be displayed Will be displayed.
ZEPHYR PEACOCK INDIA FUND II LP Filings
Shiksha will use the funding to expand its presence in Tamil Nadu, Andhra Pradesh, Telangana and Karnataka and enter Maharashtra Shiksha provides student loans to parents of school-going children, and school loans to educational institutions. The round also saw participation from existing investors of the company. Shiksha will use the funds to expand its presence in existing locations and foray into new locations such as Maharashtra. Its product offerings help improve the quality of affordable private schools and help children from low-income backgrounds access quality education,» said Pankaj Raina, managing director, Zephyr Peacock India. Access to quality education is an aspiration for most lower and lower middle income households in India and Zephyr Peacock India believes this is a multibillion dollar market, peacpck said. Shiksha provides student loans to invdstments of school-going children, and school loans to educational institutions. For many of our customers, it is their first time borrowing from a formal financier.
The firm will use the capital to finance the growth plans of the company and strengthen the management team. It is currently expanding its distribution operations to new states including Maharashtra, the statement added. The company also provides loans to middle and lower-income families so that they can finance the school fees of their children. The loans, secured through social collateral, can be paid back through a repayment schedule. It currently operates in three states. In November , Shiksha secured about Rs 6. It has also made proprietary investments in the country when it began operations in
Shiksha will use the funding to expand its presence in Tamil Nadu, Andhra Pradesh, Telangana and Karnataka and enter Maharashtra Shiksha provides student loans to parents of school-going children, and school loans to educational institutions.
The round also saw participation from existing investors of the company. Shiksha will use the funds to expand its presence peacck existing locations and foray into new locations such as Maharashtra. Its product offerings help improve the quality of affordable private zephyr peacock india investments and zephyr peacock india investments children from low-income backgrounds access quality education,» said Pankaj Raina, managing director, Zephyr Peacock India.
Access to quality education is an aspiration for most lower and lower middle income households in India and Zephyr Peacock India believes this is a multibillion dollar market, he said.
Shiksha provides student loans to parents of school-going children, and school loans to educational institutions. For many of our customers, it is their first time borrowing from a formal financier.
They usually approach private money lenders, said Ramakrishnan. You are now subscribed to our newsletters. Internet Not Available. Wait for it… Log in to our website to save your bookmarks. It’ll just take a moment.
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Bengaluru’s emerging entrepreneurial club: Creating products & services with global appeal
Zephyr Peacock India — Investments & Acquisitions
While they have often outdone the rest in talent, getting loans at an attractive rate has something they have always struggled. Share this Comment: Post to Twitter. Biz Listings New. Page Industries. There is a steady increase in the number of Indians heading to the US for higher studies — it rose By Sneha Shah. The problem of students from countries like India is compounded by the laws in the US where international students cannot secure US Federal student loans — for local students in the US, loans are available at low interest rates. Getting full scholarship is very rare and a majority of the general population does not have access to any scholarship, said Ganeriwala. The content may not be copied, broadcast, downloaded and stored in zephyr peacock india investments mediumtransmitted, adapted or changed in any way whatsoever without the prior written permission of Mosaic Media Ventures Private Limited. United States.
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