Auxilio Finserve set to fund 10k schools by 2028
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Hyderabad: Auxilio Finserve Pvt Ltd, an education focused NBFC announced its plans to fund over 10,000 schools and education institutes across India over the next five years.
The company is set to provide finance to education institutes for capacity enhancement, purchase of land for expansion of premises, upgradation of teaching facilities and for replacement of high-cost debt.
The NBFC will provide finance to education institutes like play/pre-schools, K-12 schools, boarding schools, colleges, universities, vocational colleges and institutions focused on skill-based training, coaching institutes, school bus loans and education led SMEs that are into book publishing, digital content provision, IT solutions, stationery supply, furniture production and uniform distribution, among others.
