 "Edtech firms")
Education funding firms MPOWER Financing and Credenc have got $125 million in combination of equity and debt investment to scale up business.
The companies work with Indian students going abroad for education.
MPOWER Financing raised an equity investment of $100 million from King Street Capital Management, Drakes Landing Associates, Pennington Alternative Income and Tilden Park Capital Management. The funding is in addition to the $30 million MPOWER raised earlier this year—a round in which Tilden had participated.
Capital India, a finance company, invested $ 25 million, in Credenc, an education lending fin-tech platform. With Capital India’s investment and by using combination of debt
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