Credenc

Get Best Education Loan Online | Student Loan | Study Loan

Gurugram, India · Founded 2017 · $1.9M raised

Headquarters
Gurugram
Employees
51–200
Founded
2017
Business Model
B2C
Total Funding
$1.9M
Last Round
$1.9M SeedNov 2019
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Credenc is an Indian education loan marketplace founded in 2017 and headquartered in Gurugram, India that connects meritorious students with merit-based financing for higher education. The platform aggregates loan products from major banks including SBI, Bank of Baroda, and Axis Bank, covering study-abroad programs, domestic colleges, engineering, medical, and MBA programs. Founded by Avinash Kumar and Mayank Batheja, Credenc pioneered student-centric underwriting in the domestic education lending market and was subsequently acquired by Capital India.

Summary

Credenc is an EdTech company based in Gurugram, India, founded in 2017. It has raised $1.9M in total across 1 round, most recently a $1.9M Seed round in Nov 2019. Investors include Omidyar Network India, EMVC and Better Capital.

Tech & App Stack

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Funding History

SeedSeed RoundNov 2019
$1.9M

Investors

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