A pro – education NBFC registered with the Reserve Bank of India poised on serving the financing gaps
Location: India, Maharashtra, Mumbai
Employees: 201-500
Total raised: $91.4M
Founded date: 2017
Investors 1
| Date | Name | Website |
| 10.01.2024 | Xponentia ... | xponentia.... |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 25.07.2024 | - | $34M | - |
| 25.07.2023 | - | $57.4M | - |
Mentions in press and media 15
| Date | Title | Description |
| 30.07.2024 | Leap Finance in discussions to raise $100 M, to be valued at over $1 Bn | Two sources aware of the development claim that Leap Finance, a fintech platform for Indian students seeking higher education abroad, is in discussions to raise between $70 and $100 million in a new funding round. After its Series D round l... |
| 25.07.2024 | Education finance firm Auxilo raised additional $12 M debt funding | The non-banking financial corporation (NBFC) Auxilo, which focuses on education, has raised debt financing totalling Rs 100 crore, or about $12 million. In order to raise Rs 100 crore ($12 million), the board of Auxilo issued non-convertibl... |
| 23.07.2024 | Exclusive: Education finance firm Auxilo raises $12 Mn more in debt | Education-focused non-banking financial corporation (NBFC) Auxilo has secured Rs 100 crore (approximately $12 million) in a debt financing round. The board at Auxilo has issued non-convertible debentures (NCDs) at an issue price of Rs 1,00,... |
| 18.07.2024 | LeapFrog Investments Partners with Auxilo Finserve, Injecting $30 Million to Empower Education | In a strategic move to bolster the education sector, LeapFrog Investments has joined forces with Auxilo Finserve, a leading non-bank lender focused on education financing. The infusion of $30 million in funding marks a significant milestone... |
| 18.07.2024 | NBFC Auxilo Finserve Announces INR 279 Cr Funding from LeapFrog Investments The raised funding will be utilised to expand customer reach, enhance student funding, incorporate technological infrastruct... | Auxilo Finserve, an education-focused NBFC, is raising INR 279 crore in equity funding to expand its student lending portfolio and improve educational infrastructure. LeapFrog Investments is contributing USD 30 million through Jade Inclusio... |
| 17.07.2024 | Auxilo Finserve raises $30M from LeapFrog Investments, others Recommended Stories For You | Auxilo Finserve, an education-focused NBFC, has raised $30 million from LeapFrog Investments through its investment vehicle Jade Inclusion Ltd. The firm will be raising Rs 279 crore in its fresh round as per a statement released by the comp... |
| 17.07.2024 | Indian education finance firm Auxilo Finserve raises $34m led by LeapFrog | Auxilo Finserve Private Limited, a leading non-banking finance company (NBFC) focused on providing education finance in India, is raising Rs 279 crore ($33.4 million) in a funding round led by LeapFrog Investments, through its Jade Inclusio... |
| 16.07.2024 | LeapFrog leads $33.4 mn funding in education lender Auxilo | Neeraj Saxena, managing director and chief executive officer, Auxilo Finserve Education-focused non-bank lender Auxilo Finserve is raising Rs 279 crore (around $33.4 million) in a fresh round of equity funding led by LeapFrog Investments, t... |
| 20.05.2024 | Lending platform Propelld raised $25 M Debt funding for NBFC arm Edgro | The lending platform Propelld, which focuses on education, has raised $25 million in debt financing for Edgro, its fully-owned NBFC subsidiary. Nine lenders, including Credit Saison India Private Limited, AU Small Finance Bank, InCred Finan... |
| 24.02.2024 | Education-focused NBFC Auxilo secured $6 M Debt funding from AK Capital Finance | Focusing on education AK Capital Finance has provided NBFC Auxilo with non-convertible debt worth Rs 50 crore, or roughly $6 million. This is the Mumbai-based company’s first fundraising effort for 2023. According to Auxilo’s regulatory fil... |
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