Verist Law represented Credenc in a $25 million investment



Capital India invested USD 25 Million in Credenc. Credenc is an education finance fin-tech platform based in Delhi. It provides financial assistance to students studying in colleges based on student potential and future income. Credenc also provides financial assistance for students going to school, attending online upskilling courses or studying courses abroad.

Verist Law represented Credenc in this investment. Capital India is a listed NBFC.

Credenc was founded by Avinash Kumar and Mayank Batheja in 2017.

The major media mentions of this transaction:

https://www.livemint.com/companies/news/education-loan-firm-credenc-acquires-content-startup-observenow-11632813910682.html

https://www.business-standard.com/article/companies/capital-india-to-invest-25-million-in-education-loan-company-credenc-121071900470_1.html

https://www.thehindubusinessline.com/money-and-banking/capital-india-to-invest-25-million-in-credenc-for-education-finance/article35404811.ece

Recent Posts

See All

Razorpay along with an investment firm TNF Investments invested in MSMEx through pre-Series A funding round. MSMEx is a micro-advisory platform which connects MSME owners to business experts. Razorpay