EduFund raises Rs 50 crore in a Series A funding round led by Cercano Management and MassMutual Ventures to enhance its education financing platform.

Jul 21, 2025•12 days ago

Amount Raised

₹500 Million

Round Type

series a

AhmedabadEducation

Investors

Mass Mutual VenturesCercano Management

Description

EduFund has raised $6 million (approximately Rs 50 crore) in a Series A funding round led by Cercano Management and MassMutual Ventures. This funding will support the scaling of its AI-driven advisory and broaden its loan offerings to underserved segments. The startup aims to deepen its reach in Tier-2 and Tier-3 cities, addressing the needs of middle-income families. With over 250,000 families served, EduFund is set to enhance its platform for education financing.

Company Information

Company

EduFund

Location

Ahmedabad, Gujarat, India

About

EduFund is India’s first investment app dedicated to helping parents plan, save, and invest for their children’s education. As education costs rise faster than household inflation in many countries, students are often forced to compromise on the quality of education they deserve. EduFund is changing that by empowering Indian families with the tools and guidance needed to secure their children’s academic future through smart financial planning.

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