Invest4Edu raises $3 mn in seed funding from family offices
Invest4Edu, a platform which offers education planning, saving and investment services, has secured $3 million in seed funding from family offices.
The funds will be used to accelerate growth and deepen the company’s impact in the early education planning and financial support domains
“This is an important step in our journey of making quality education accessible to all. The proceeds will be leveraged to accelerate the growth with primary focus on sales and marketing, technology, and product development,” said Peeyush Agrawal, CEO, Invest4Edu.
The company, which operates is also working on bolstering its sales and marketing, tech, and outreach programs. It aims to leverage these resources to significantly increase its reach, enhance services, and elevate customer satisfaction. By strategically expanding its footprint across institutions, partnerships, and geographies, Invest4Edu will drive even more rapid user growth and solidify its position as a leading player in the ed-fintech sector.
The average spending on higher education in India is $73 billion while for study abroad it is $50 billion.
Indian education is growing with a CAGR of 10% while the overseas education market is expected to grow at a CAGR of 12%-14%. Keeping these numbers in mind, Invest4Edu’s addressable market size is upwards of $2.5 billion.
Going forward, the company has an aggressive growth plan charted out. It aims to capture a
