Auxilo Finserve Private Limited

The Next Level Beckons

General Information
Company Name
Auxilo Finserve Private Limited
Founded Year
2017
Location (Offices)
Mumbai, India +1
Founders / Decision Makers
Number of Employees
384
Industries
Education, Finance, Financial Services +2
Funding Stage
Debt Financing
Social Media

Auxilo Finserve Private Limited - Company Profile

Auxilo Finserve Private Limited is a pro-education NBFC registered with the Reserve Bank of India, aimed at filling the financing gaps in the Indian Education Sector. The company focuses on providing innovative financial solutions for students pursuing Graduate or Post Graduate courses in India and overseas, as well as contributing to the digital education sector. It also offers financing for ancillary educational purposes such as entrance exams, career counseling, vocational courses, and school fee financing. Aiming to uplift the standards of the Indian Education Ecosystem, Auxilo plans to develop financial models for schools, colleges, institutions, and other tertiary industries related to education. Technology plays a pivotal role in enabling inclusive financial access across the country, as Auxilo leverages it to cater to the dynamic and challenging needs of the education ecosystem through potential financing models instead of traditional credit financing. Founded in 2017 and headquartered in India, Auxilo received its last investment of INR500.00M in debt financing from A. K. Capital Finance at 31 December 2023. The company is led by Mr. Neeraj Saxena, a veteran with over 16 years of experience in the Indian Retail and Financial Services industry.

Taxonomy: NBFC, education financing, student loans, digital education, education infrastructure, Indian education sector, school fee financing, education ecosystem, financial inclusion, BFSI sector, leadership, innovation, Indian market

Funding Rounds & Investors of Auxilo Finserve Private Limited (3)

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Funding Stage Amount No. Investors Investors Date
Debt Financing INR500.00M 1 A. K. Capital Finance 31 Dec 2023
Venture Round INR4.70B 3 Xponentia Capital Partners 25 Jul 2023
Venture Round $5.75M 1 Balrampur Chini Mills 23 Mar 2018

Latest News of Auxilo Finserve Private Limited

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No recent news or press coverage available for Auxilo Finserve Private Limited.

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