India: NBFC Shiksha Finance raises funds from Dell Foundation

Incorporated in 2014 by V.L. Ramakrishnan and Jacob Abraham, Shiksha Finance provides school and student loans. Photo: Reuters

Shiksha Finance, a non-banking financial company (NBFC) focusing on school and student loans, has raised $2.5 million (Rs16 crore) through a mix of debt and equity from Michael & Susan Dell Foundation (MSDF), a senior executive of the company said.

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