About Shiksha Finance
Shiksha Finance is a company based in Chennai (India) founded in 2014.. Shiksha Finance has raised $12.1 million across 9 funding rounds from investors including Northern Arc Capital, Michael & Susan Dell Foundation and Zephyr Management. The company has 314 employees as of March 30, 2024. Shiksha Finance offers products and services including Loan Against Property, BC-MFI Loans, and Education Loans. Shiksha Finance operates in a competitive market with competitors including Navient, Eduvanz, ClimbCredit, College Ave and PRAVALER, among others.
- Headquarter Chennai, India
- Employees 314 as on 30 Mar, 2024
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Shiksha Financial Services India Private Limited
- Date of Incorporation 20 Jan, 2014
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$2.6 M (USD)-24.7as on Mar 31, 2024
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Net Profit
$78.24 K (USD)103.97as on Mar 31, 2024
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EBITDA
$321.82 K (USD)122.77as on Mar 31, 2024
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Total Equity Funding
$12.1 M (USD)
in 9 rounds
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Latest Funding Round
$924.29 K (USD), Series A
Dec 31, 2019
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Investors
Northern Arc Capital
& 16 more
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Employee Count
314
as on Mar 30, 2024
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Products & Services of Shiksha Finance
Shiksha Finance offers a comprehensive portfolio of products and services, including Loan Against Property, BC-MFI Loans, and Education Loans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loans secured against property for MSMEs and individuals.
Micro loans for small enterprises to support financial inclusion.
Loans for students and institutions to fund education and assets.
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Funding Insights of Shiksha Finance
Shiksha Finance has successfully raised a total of $12.1M across 9 strategic funding rounds. The most recent funding activity was a Series A round of $924.29 thousand completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series A — $924,290
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First Round
First Round
(23 Nov 2015)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series A - Shiksha Finance | Valuation | Zephyr Peacock , Zephyr Management |
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| Oct, 2019 | Amount | Debt – Conventional - Shiksha Finance | Valuation |
investors |
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| Dec, 2018 | Amount | Series A - Shiksha Finance | Valuation | Zephyr Peacock , Zephyr Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Shiksha Finance
Shiksha Finance has secured backing from 17 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Northern Arc Capital, Michael & Susan Dell Foundation and Zephyr Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified asset management and private equity firm focused on small and medium sized enterprises
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Founded Year | Domain | Location | |
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Investment advisory, equity financing, and portfolio management in emerging markets.
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Founded Year | Domain | Location | |
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Diversified investment portfolios are managed for various clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Shiksha Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Shiksha Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shiksha Finance Comparisons
Competitors of Shiksha Finance
Shiksha Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Navient, Eduvanz, ClimbCredit, College Ave and PRAVALER, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Student loans and federal servicing are provided by Navient.
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| domain | founded_year | HQ Location |
Financial assistance is provided for education, career, and skills development.
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| domain | founded_year | HQ Location |
Education loans are offered to students at partner schools.
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| domain | founded_year | HQ Location |
Student loans marketplace for undergraduate and graduate education is operated.
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| domain | founded_year | HQ Location |
Education loans are facilitated via an online platform for students.
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| domain | founded_year | HQ Location |
Financial products for education loans and services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shiksha Finance
Frequently Asked Questions about Shiksha Finance
When was Shiksha Finance founded?
Shiksha Finance was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Shiksha Finance located?
Shiksha Finance is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Is Shiksha Finance a funded company?
Shiksha Finance is a funded company, having raised a total of $12.1M across 9 funding rounds to date. The company's 1st funding round was a Series A of $7.9M, raised on Nov 23, 2015.
How many employees does Shiksha Finance have?
As of Mar 30, 2024, the latest employee count at Shiksha Finance is 314.
What is the annual revenue of Shiksha Finance?
Annual revenue of Shiksha Finance is $2.6M as on Mar 31, 2024.
What does Shiksha Finance do?
Shiksha Finance was established in 2014 in Chennai, India, within the financial services sector. Loans against property and microfinance options are extended to small and medium-sized enterprises as well as individuals facing financial constraints. Operations rely on technology for streamlined loan processing and distribution. Collaborations with additional financial entities are pursued to broaden access and support inclusion efforts. Emphasis is placed on straightforward and clear loan structures.
Who are the top competitors of Shiksha Finance?
What products or services does Shiksha Finance offer?
Shiksha Finance offers Loan Against Property, BC-MFI Loans, and Education Loans.
Who are Shiksha Finance's investors?
Shiksha Finance has 17 investors. Key investors include Northern Arc Capital, Michael & Susan Dell Foundation, Zephyr Management, Lightrock India, and Zephyr Peacock.
What is Shiksha Finance's valuation?
The valuation of Shiksha Finance is $26.36M as of Dec 2019.