Aspada Advisors and Michael & Susan Dell Foundation Invest US$1M in Shiksha Financial Service (Asia)

Source: VCCircle  |  Author(s): Bruhadeeswaran R

Aspada Advisors, an investment firm focused on small and medium-sized enterprises in India, and the Michael & Susan Dell Foundation have invested INR67 million (approximately US$1 million) in India-based school financing company Shiksha Financial Services. Aspada invested through Aspada Investment Company. Shiksha will use the new capital to launch more products, expand into new markets and provide loans to 2,300 schools over the next three years.