Auxilo funding, investors and company details

Auxilo is an emerging Banking and Finance startup from Mumbai, working in the space of An education-focused NBFC providing loans to students for higher studies in India and abroad. Founded by Neeraj Saxena.

Company: Auxilo Finserve Private Limited
Sector: Banking and Finance
Location: Mumbai
Founders: Neeraj Saxena
Total funding raised: ₹351.54 Cr

Company overview

Auxilo Finserve operates as an education-focused NBFC providing loans to students for higher studies in India and abroad, covering tuition, living expenses, pre-visa costs, and airfare. It also finances educational institutes for infrastructure upgrades and expansion through innovative lending models. Operations emphasize quick disbursals via digital processes, collateral-free options for select courses, and support for diverse study destinations like US, UK, Canada via a network of branches across India.

Funding rounds

Latest round (Debt): $ 12.00 Mn (₹100.44 Cr.), 2024-07-23
Past round (Seed): $ 30.00 Mn (₹251.10 Cr.), 2024-07-17. Investors: LeapFrog Investments