Latest news with #AuxiloFinserve
Hans India
26-07-2025
- Business
- Hans India
Auxilo Finserve unveils ‘GlobalEd', an all-Inclusive Education Loan for pursuing Global Education
Hyderabad, July 2025: Auxilo Finserve, has introduced 'Auxilo GlobalEd', its new all-Inclusive Education Loan designed for students wanting to pursue higher education overseas. Under Auxilo GlobalEd, the entire expense of tuition fees, travel, accommodation, laptop, study materials, and living expenses are covered, providing students with a complete end-to-end overseas education solution. To ensure complete peace of mind for students and parents, the company has also partnered with a network of trusted third-party service providers to offer end-to-end support, including luggage purchase and handling, air-ticket bookings, international SIM cards, and post-landing assistance. 'We understand the challenges that students and parents undergo while pursuing admission in international universities. To enable a seamless transition, we have introduced Auxilo GlobalEd, so that students can focus on their academic journey without distraction' informed Shweta Guru, CBO – Overseas Education, Auxilo Finserve. GlobalEd Key highlights: · All-expenses-covered loan: Covers tuition, travel, accommodation, laptop, and living expenses. · Fast-track approvals: Loan sanctions in just 3 days, accelerating the application process. · Global expansion: Now supporting students in 5 additional countries, bringing our total serviced destinations to 25 countries. · Partner ecosystem: Seamless integration with industry-leading partners for travel, telecom, and local support services. 'It is our commitment to making global education accessible, affordable, and stress-free' added Guru 'We also provide collateral free loans to students based on certain criteria's like overall academic performance, preferred course and university selection'. Auxilo has provided education loans to over 15,000 aspirational students, across 2000+ Universities and Education institutes in over 25 countries. The company has also provided finance to over 220 educational institutes for their infrastructure expansion and working capital requirements.
Hindustan Times
26-07-2025
- Business
- Hindustan Times
Auxilo Finserve unveils ‘GlobalEd'
Auxilo Finserve has introduced 'Auxilo GlobalEd', its new Education Loan designed for students wanting to pursue higher education overseas. Under Auxilo GlobalEd, the entire expense of tuition fees, travel, accommodation, laptop, study materials, and living expenses are covered, providing students with an end-to-end overseas education solution, firm said. 'We understand the challenges that students and parents face while securing admission to international universities. With Auxilo GlobalEd, we aim to ensure a smooth transition so that students can focus entirely on their academic journey, ' said Shweta Guru, CBO, Overseas Education, Auxilo Finserve. HTC Auxilo Finserve has introduced 'Auxilo GlobalEd', its new Education Loan designed for students wanting to pursue higher education overseas. (REPRESENTATIVE PIC) LuLu Forex & LuLu Finserv Partners with AFA Pune: LuLu Forex, a pan-India provider of foreign exchange and outward remittance services, and LuLu Finserv, a microlending and financial services company, have announced a regional fintech partnership with the Argentine Football Association (AFA). As part of a larger global agreement, various entities under LuLu Financial Holdings—operating in 10 countries—will represent AFA within their respective regions. In India, LuLu Forex and LuLu Finserv will jointly serve as official regional partners, while sister companies like LuLu Exchange and LuLu Money will manage partnerships in the GCC countries, Malaysia, the Philippines, and Singapore. HTC HP Srivastava Appointed Chairman of DCCIA Pune: HP Srivastava has been appointed as the new chairman of the Deccan Chamber of Commerce, Industries & Agriculture (DCCIA), a prominent industry body with a legacy spanning over three decades. Srivastava previously served as Vice-Chairman for more than 20 years. Alongside his appointment, Dr. Prakash Dhoka has been named Vice-Chairman, V.L. Malu as Honorary Secretary, and Vibhu Prasad as Treasurer. 'I am deeply honoured and humbled to accept the responsibility of Chairman of the Deccan Chamber of Commerce, Industries & Agriculture,' said Srivastava. 'I look forward to working closely with our esteemed members, the executive committee, and all stakeholders to drive innovation, promote sustainable growth, and address the evolving needs of our industries.'
Hans India
05-06-2025
- Business
- Hans India
Auxilo Finserve Launches ‘IndiaEd'
Auxilo Finserve, India's education focussed NBFC, has announced the launch of 'IndiaEd', an interest-free school and tuition fee financing solution. Designed to reshape how education is funded in India, IndiaEd addresses the growing financial challenges faced by students and educational institutions alike. 'Starting with institutional partnerships, we are collaborating directly with schools, colleges, coaching centres, and edtech providers with tailored financing solutions that benefit both learners and administrators' informed Anand Subramaniam, Chief Business Officer – Domestic Loans, Auxilo Finserve. India's private education market, estimated at $52 billion, continues to grow at a 12% CAGR, with increasing digitization and personalized learning formats. Auxilo's IndiaEd is poised to serve this growing need with flexibility and speed, backed by the company's robust digital infrastructure and recent capital infusion. Key Features of IndiaEd – Institutional Partner Model: · Covers full spectrum of educational expenses: School tuition, undergraduate/postgraduate fees, competitive exam preparation, upskilling, and vocational training · Flexible loan amounts: Fees ranging from ₹20,000 to ₹10,00,000 · Repayment tenures: Customizable repayment terms starting from 3 months to 72 months (6 years) · Online processing: Completely digital and paperless loan processing · Zero waiting period: Instant disbursals to partnered institutions, ensuring real-time financial support Once processed and approved, Auxilo will disburse the funds within 24 hours directly to partnered institutions. 'India's education ecosystem is undergoing a significant transformation. With rising tuition costs and expanding needs like online learning, coaching, and extracurriculars, families are seeking smarter financing options' added Anand Subramaniam 'IndiaEd will offer a frictionless, interest-free financing option at the point of need, benefitting both learners and learning providers'. Auxilo will soon announce the second phase of this service, wherein, students or individual borrowers can directly apply for loans for school education, career upskilling, and vocational training. In March 2024, Auxilo raised $33.4 million in equity from LeapFrog Investments, with participation from existing investors such as Trifecta Leaders Fund-I and Xponentia Opportunities Fund-II. This capital is fuelling innovations like IndiaEd to serve India's next generation of learners.
