The company partners with schools, colleges, coaching centers, vocational institutes, and edtech firms, who provide student leads for education loan services through a formal arrangement.
As of March 31, 2024, the company had arrangements with over 600 institutions, including more than 150 active tie-ups established between Fiscal 2022 and Fiscal 2024.
As of March 31, 2024, the company operated across 15 states and 1 union territory, with ₹688.24 lakh in education loans, serving 2,348 students from 197 institutes nationwide.
The company sources loans in-house and via tie-ups, using strict credit checks and real-time monitoring. For Fiscal 2024, Gross NPA was ₹269.60 lakhs and Net NPA ₹242.64 lakhs.
As on August 31, 2024, the company has 30 employees.
Competitive Strengths:
- Tailormade Solutions for Educational Institute
- Technology driven and scalable operating model
- Risk management and credit scoring model
- Stable and experienced management team
- Wide geographical Presence
