Ahmedabad, India | July 21, 2025: EduFund, a comprehensive education-planning and financing platform, has raised $6 million (approximately ₹50 crore) in a Series A funding round led by global investment firm Cercano Management and MassMutual Ventures. This latest capital infusion takes EduFund’s total funding to $12 million.
Founded in 2020, EduFund offers Indian families a full-stack toolkit to plan and finance both domestic and international education. The platform integrates investment plans, education loans, visa and forex services, and on-demand expert counselling—serving as a one-stop solution for education funding.
With the fresh capital, EduFund aims to launch an AI-powered personalized planning engine designed to help families chart smarter and more efficient education journeys. The company also plans to scale its loan offerings for undergraduate students and deepen its presence in India’s tier-II and tier-III cities, where education costs are outpacing income growth.
“Our mission has always been to make quality education financially accessible. This funding allows us to double down on our technology and expand outreach where support is most needed,” said the EduFund team in a statement.
EduFund currently supports over 250,000 Indian families and has established partnerships with more than 40 asset management companies and over 15 lending institutions, including public and private sector banks, NBFCs, and international lenders. The platform has also collaborated with consumer brands like Hamleys, Prisms (a school ERP platform), and logistics giant DTDC to broaden its ecosystem.
The strategic backing from Cercano Management and MassMutual Ventures positions EduFund to further scale its offerings and impact within India’s growing ed-fintech landscape.
