April 21

Financepeer Bags $31 Million in Funding From QED, Aavishkaar Capital

Financepeer, an education focussed fintech startup, has raised $31 million in its Series B funding round, led by QED Investors and Aavishkaar Capital.

US-based edtech investor Ardent Ventures, DMI Sparkle Fund, 9Unicorn, LC Nueva AIF and Maxar VC also participated in the round.

The company raised $3 million in 2020 from MS Fincap, Danube, Aar Em Ventures, Angelbay Holdings, JITO Angel Network, and HEM Angels.

Photo courtesy of Siyavula Education.

Source: Economic Times (link opens in a new window)

Education, Finance
edtech, fintech, startups