Indian School Finance Company
Hyderabad-based private institutional lender to the education sector.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 Valuation: €0.0 | round | |
$30.0m | Late VC | ||
| Total Funding | 000k | ||
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Indian School Finance Company (ISFC) operates as a specialized Non-Banking Financial Company (NBFC) within India, directing its financial services exclusively towards the education sector. Established in 2008 by Sameer K. Narula and Neha Mehta, the company addresses a critical funding gap for affordable private schools, educational institutions, and ancillary businesses like coaching centers and pre-schools. The founders brought complementary expertise to the venture; Sameer Narula has a background in private equity and investment, while Neha Mehta possesses experience in banking and credit analysis.
ISFC's core business revolves around providing customized, long-term credit facilities. These loans are primarily utilized for capital expenditure projects, such as constructing new classrooms, upgrading sanitation facilities, and setting up modern computer or science labs. The company also finances the integration of new educational technologies and teaching aids, contributing to the enhancement of educational delivery. By focusing on the affordable private school segment, ISFC serves educational entrepreneurs who often face challenges in securing loans from traditional banking institutions.
The company's revenue model is based on the interest and fees generated from its loan portfolio. ISFC has established a significant operational footprint, with a presence across numerous states in India. A key milestone in its journey was securing equity investments from notable institutional investors, including Gray Matters Capital and Accion, which has been instrumental in scaling its operations. This strategic backing underscores the company's dual objective: achieving financial returns while simultaneously creating a tangible social impact by improving the infrastructure and quality of education available to students in low- to middle-income communities.
Keywords: education finance, NBFC, school loans, infrastructure financing, social impact investing, private school funding, SME lending, financial inclusion, education sector, asset financing