India: Education-focused lender ISFC raises $30m in debt, equity capital

India: Education-focused lender ISFC raises $30m in debt, equity capital

ISFC, a non-bank lender focused on lending to educational institutions and entrepreneurs managing such institutions, has tied up equity and debt commitments worth $30 million from existing investor Gray Matters Capital and other partners such as non-banking financial companies (NBFCs), including Incred, U Gro Capital, and Profectus Capital.