Edtech startup iNurture raises Rs 75 Cr in debt
Edtech company iNurture, which provides higher education programmes in India, raising Rs 75 crore in debt. The Bengaluru-based company passed a resolution in their shareholder meetings to offer 1,500 non convertible debentures (NCD) at issue price of Rs 5,00,000 each to raise Rs 75 crore. The 13-year-old firm launched by Ashwin Ajila provides industry-relevant graduation and post-graduation degree programmes in partnership with recognised universities in India. It leverages its associations with industries to facilitate guest lectures, internships, industrial visits, live projects and placement assistance. Continue reading Edtech startup iNurture raises Rs 75 Cr in debt at Entrackr.
Edtech company iNurture, which provides higher education programmes in India, raising Rs 75 crore in debt.
The Bengaluru-based company passed a resolution in their shareholder meetings to offer 1,500 non convertible debentures (NCD) at issue price of Rs 5,00,000 each to raise Rs 75 crore.
The 13-year-old firm launched by Ashwin Ajila provides industry-relevant graduation and post-graduation degree programmes in partnership with recognised universities in India. It leverages its associations with industries to facilitate guest lectures, internships, industrial visits, live projects and placement assistance.
Continue reading Edtech startup iNurture raises Rs 75 Cr in debt at Entrackr.
