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ISFC plans to raise $10-12 million through debt and equity - The Hindu BusinessLine

ISFC plans to raise $10-12 million through debt and equity
February 22, 2021
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Education sector lender Indian School Finance Company (ISFC) is planning to raise $10-12 million in its eighth round of funding through a mix of both equity and debt, and has initiated talks with a clutch of family offices and high networth individuals (HNIs).
“We are taking this investment round as an opportunity to convert ourselves into a full-service, digitally-driven business. ISFC is in a unique position with a strong brand value, large customer base, and well-diversified pan-India distribution and collection network. We simply need to execute our digital transformation and work on linking the whole ecosystem that would give us exponential scale with very little, known, and mitigable risk on our turf,” Sandeep Wirkhare, Managing Director and Chief Executive Officer at ISFC said.

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